FinIA has consolidated the authorisation regime for all financial institutions (except for banks which remain to be regulated under the Banking Act) and has extended this regime to independent asset managers and trustees. Even though the new law provides for a smooth transitional period enabling financial institutions to cope with the new regulation, asset managers and trustees now falling under the new regime are or have been required to file a report with the Swiss regulator FINMA. This article outlines the duty to report and its consequences.
The Change of a Pension Fund requires prior consent of the employees. In the absence of the employees’ consent, the termination of an affiliation contract is, according to a recent Federal Supreme Court’s decision, void. What appears to be a mere legal detail can have significant consequences in practice.
The World Intellectual Property Organization launched a new digital service, called WIPO Proof, which provides date- and time-stamped digital fingerprints on digital files.
Swiss public signs, like the Swiss coat of arms, may be registered as trademarks or elements of trademarks, provided their use meets the requirements of the CAPA.
“SWISS RE – WE MAKE THE WORLD MORE RESILIENT” – Trademark found not to be misleading without a limitation of the services to Swiss origin.
The story of how forensic accounting brought down one of America’s most famous Gangsters Al Capone famously said that “you can get more with a kind word and a gun than with a kind word alone”. But when it came to catching him, all it took was diligent and skilled forensic accounting, explains Tristan Yelland.
This Investigations podcast series looks at the complex role of the forensic accounting investigator. Grant Thornton speaks to prominent investigators who have grappled with a variety of situations to understand the key lessons they’ve learned, what propelled them to be where they are today and the advice they’d pass on to their younger selves.
The Committee on Climate Change’s 2020 report to Parliament calls on the government to redouble its efforts and expands on its May 2020 advice to the Prime Minister in which it set out the principles for building a resilient recovery. The report highlights five clear investment priorities.
Businesses are revolutionising the way they think about and do their business. Many employers recognise that companies have a crucial part to play in environmental, ethical and social challenges. The idea is that engaging with stakeholders in a meaningful way on such matters will create shared and sustained values – and will ultimately lead to greater success (and therefore profits) for the company. This concept is known as “stakeholder capitalism”.
Monika Górska of Wardynski & Partners in Poland and Mark Kramer of Shoosmiths in the UK discuss the broadening opportunities to use different IP rights such as copyright and trade marks in tandem with other rights to protect shapes from a European, Polish and UK stand point.
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Addleshaw Goddard has introduced a desk booking app as part of its four-phase return to the office. The firm entered phase two of its reopening plan yesterday (6 July) as its London, Leeds and Manchester offices opened to a small number of employees. Phase two offers employees the option to return to the office, though […]
The Falkland Islands Government is seeking a new head of legal. The role, based in the capital city Stanley, will lead a small team providing legal advice to all areas within the Falklands Island government and the government of South Georgia and the South Sandwich Islands. The team includes the Islands’ prosecution service and child […]
Wirecard has hired a new head of compliance for EMEA, as it deals with an ongoing investigation into its financial affairs. The embattled payments group is seeking the help of Claudia Bahmann, who is understood to have joined the company’s Munich group as head of compliance for the EMEA region in June. Bahmann is a […]
Pinsent Masons’ cyber head has left the firm, joining Clyde & Co alongside an associate from his team. Ian Birdsey joins Clydes in London after eight years at Pinsent Masons and was made partner in 2016. Seaton Gordon, who is an associate in Birdsey’s team, is also joining Clydes. Birdsey advises corporate, SME and insurer […]
Shoosmiths saw a 12 per cent rise in revenue in its most recent financial year, with the UK regional’s turnover exceeding £150m in the last 12 months. As one of the few firms to have declared its financials for 2019/20, Shoosmiths announced a turnover of £154.2m for the year-end of April 2020, representing a lofty […]
Shearman & Sterling has snagged an arbitration partner from Bird & Bird in London. Garreth Wong joins the US firm after seven years at Bird & Bird. He joined in 2013 and was made partner in 2014. Prior to that, he was a barrister at Matrix Chambers before moving to private practice. He spent time […]