Slovakia: new rules for acquisition of agricultural land

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Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

Amendments to the Hungarian Data Protection Act

By Dorottya Gindl The Hungarian Parliament has recently adopted legislation with the aim of harmonising the national data protection rules with the rules of the GDPR, and supplementing the national rules in areas not regulated by the GDPR. The Parliament adopted Act XXXVIII of 2018 (“Amendment“) in an extraordinary session and the new regulations entered […]

First decisions prohibiting concentrations issued in Bulgaria

On 19 July, 2018 the Bulgarian Commission for the Protection of Competition (the “CPC”) prohibited two concentrations. The first being the sale of the second largest media conglomerate in Bulgaria, Nova Broadcasting Group AD (“Nova Broadcasting”), (owner of Nova TV), to PPF Bidco, (owned by Czech businessman Petr Kellner), and secondly the sale of CEZ’s assets […]

Hungary reconsiders the banking transaction tax to promote electronic payments

By Bergely Szaloki The Hungarian banking transaction tax drives market players and private individuals to use cash rather than electronic payment methods. Eighty per cent of all payment transactions were in cash last year. But extensive use of cash negatively impacts the economy in several ways, such as the high cost of maintaining a large […]

Serbia: Western Balkan Competition Forum on horizon

The Serbian Competition Authority and the European Bank for Reconstruction and Development (EBRD) have launched an initiative to establish a regional competition forum. The forum will include all Western Balkan states (Serbia, Bosnia and Herzegovina, Montenegro, Kosovo, Macedonia and Albania) and two EU member states (Slovenia and Croatia). It will, therefore, include all of former […]

Latest Briefings

Overseas companies and UK property – all change in 2021

By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting  to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?

Hackitt review: Response suggests further extension of the regime

By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…

Use of behavioural biometrics brings privacy issues under GDPR

By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…

Supreme Court rules a ‘right to litigate’ cannot be assigned to a third party

By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v­ HSBC Institutional Trust Services (Ireland) Limited & Ors [2018] IESC 44, the Supreme Court held […]

Portugal: Fund management 2018

By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?

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Hill Dickinson hires from Clydes and Kennedys to bolster Asia base

Hill Dickinson has bolstered its Asia office network with the hire of two shipping partners, taking one from Clyde & Co in Singapore and another from Kennedys in Hong Kong.  Former Clydes partner Chris Edwards will join the firm in Singapore on 2 June, while Kennedys partner Anthony Woo is to join the Hong Kong. […]

DLA Piper acts for Transfield Services on global refinancing

DLA Piper has advised Transfield Services on a major global refinancing. Melbourne-based partner Bill Glover led the Australian team that advised Transfield Services on the issue and sale of $325m (£193m) senior unsecured guaranteed notes in the US and international capital markets. Fellow Sydney-based partner Hugo Thistlewood led the team that advised Transfield Services on its […]

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DWF faces loss of up to 37 jobs in Liverpool

DWF has told its Liverpool-based motor fraud team that a forthcoming restructure will involve placing several fee-earner and secretarial staff into a consultation that could result in the loss of up to 37 jobs. According to a spokesperson at DWF the consultation is anticipated to begin in June but the exact timeframe is still being […]

Sydney

Allen & Overy Aussie head to leave the firm

Allen & Overy’s (A&O) Australian senior partner Grant Fuzi is to leave the firm at the end of this year, four years after he launched the magic circle firm’s offices down under. The announcement regarding Fuzi’s retirement from the firm’s partnership was made internally on Wednesday 11 June. He will remain at the firm for […]

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Former Ince partner quits for 39 Essex Street

Former Ince & Co litigation partner Denys Hickey has quit the firm for the bar to join 39 Essex Street Chambers. The former oil and gas disputes partner has left the firm after 35 years. Most recently he headed up the firm’s Asia Pacific energy and offshore group based in Singapore and was appointed director […]

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