The Financial Report — Canadian securities regulators propose gender diversity amendments; and more

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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 […]

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Weightmans’ John Schorah: Everyone in the firm has to focus on efficiency

Weightmans is moving from being a Liverpool insurance firm to a true national commercial player. It just doesn’t like to make a fuss. Weightmans is not one of those firms that hogs the limelight. Its leaders rarely make grand statements about their firm’s ambitions. And yet, in its understated way, this is a firm that […]

UK

National firms turn away from international promotions in 2014

National firms have turned their attention to growth at home in this year’s partner promotions round, with a 15 percentage point drop in the number of new partners working in UK firms’ overseas offices. Research for this week’s cover feature shows that between 2012 and 2014, an average of 66.6 per cent of newly-promoted partners […]

Gillian Duffy joins Schillings as a senior associate

Gillian Duffy has joined Schillings as a senior associate, making her the latest addition to join the firm’s expanding reputation defence practice.  Previously a litigation associate at Appleby based in the Isle of Man, Duffy brings a wealth of experience to Schillings, having worked on a number of complex company disputes, cross-border mutual legal assistance […]

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Orrick continues London growth spurt with Proskauer finance hire

Orrick’s London office has announced its second major partner hire in the space of a week, with confirmation that the former head of Proskauer’s English law finance practice Michael Crosby is joining the firm. Crosby will join Orrick as a partner after a period of gardening in leave and will head the firm’s English Law […]

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Dentons tempts Zizzi back from Clifford Chance for Bucharest boost

Clifford Chance Bucharest partner Perry Zizzi has rejoined Dentons, almost seven years after quitting legacy Salans for the magic circle firm. Zizzi will lead Dentons’ Romanian banking and finance team and will also be part of the firm’s real estate team. He advises on a broad range of finance and real estate finance issues. Zizzi […]

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