OFAC revises the ‘50 per cent rule’ with regards to aggregate ownership

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

Recommended

Conyers advises Colour Life Services Group on HKD1.15bn initial public offering

Conyers Dill & Pearman has provided British Virgin Islands (BVI) and Cayman Islands law advice to Colour Life Services Group Co on its HKD1.15bn (£89m) listing on the Main Board of the Hong Kong Stock Exchange by way of Hong Kong public offering and international offering. Colour Life Services Group is a property management company in the […]

Litigation, litigation, litigation

The Lawyer’s bank of briefings has a wealth of up-to-the-minute information and analysis on legal developments, provided by top law firms across the world. Just check out the recent summaries on litigation, free to download. Ince & Co: Vessel arrest in Hong Kong — a means to enforce a maritime arbitration award via the backdoor? […]

Shoosmiths hires new senior associates to Manchester real-estate team

Shoosmiths is boosting its north-west real-estate team by bringing two new senior associates as well as a solicitor into its Manchester office. Matthew Forrest joins as a senior associate specialising in real-estate litigation working with retailers, developers, investors, utility and telecoms companies. Forrest was previously an associate with Hill Dickinson. He is recommended in legal directory […]

Linklaters, Travers Smith, Weil in £184m PwC Lehman pensions settlement

Dentons, Linklaters, Travers Smith and Weil Gotshal & Manges have settled a £184m battle between the Pensions Regulator and Lehman Brothers administrators PricewaterhouseCoopers (PwC). The settlement will mean that pension scheme members will receive benefits due to them and ends a six-year battle between the administrators, the Pensions Regulator and the scheme trustees. The £184m […]

No5 Chambers’ Tom Schofield prosecutes in cannabis production case

Tom Schofield of No5 Chambers has prosecuted Carl Berry, 51, and Baldev Deshi, 47, both from Langley, who have been found guilty of producing cannabis and possession of the drug with intent to supply. Berry has been sentenced to four-and-a-half years and Deshi has been given a one-year sentence. Tom Schofield, prosecuting, said police found […]

In-House & Private Practice Legal Jobs

Stay up-to-date with the latest opportunities on The Lawyer Careers. Each month, more than 8,000 legal roles are added to our site - we'll bring you the best opportunities out there.

Get Started

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here