The overall reform of the Austrian enforcement law on the government agenda

The Justice Committee sets the reform of the enforcement law in motion. Assuming there are no obstacles, the reform will enter into force on 1 July 2021.

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NFTs: What about energy and climate issues?

The minting, transfer and even the sheer existence of NFTs require a lot of energy. But what is the reason for all this energy consumption and are there regulatory instruments to curb it?

CRD V finally implemented into Austrian law

A law implementing, among others, Directive (EU) 2019/878 amending Directive (EU) 2013/36 (Capital Requirements Directive – CRD V) has been passed by the Austrian Parliament and Federal Council, and has been published in the Federal Gazette. CRD V (as part of the package together with Regulation (EU) 2019/876 amending Regulation (EU) 575/2013 – CRR II) […]

Austria: Civil law aspects of selling a token – a random selection

If you are following our NFT self-experiment, you already know what an NFT is and what it stands for. If not, you might want to read more. The following article addresses a random first choice of civil law, contractual aspects to be precise, which the authors think are worth considering before you buy (or sell) […]

Latest Briefings

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

FCA consults on new consumer duty in retail financial markets

Following the April 2019 publication of its feedback statement on a duty of care and potential alternative approaches, the Financial Conduct Authority (FCA) is consulting until 31 July 2021 on a new Consumer Duty that would set clearer and higher expectations for firms’ standards of care towards consumers.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Workplace testing and vaccinations: What employers need to know

Workplace testing has proven to be a crucial piece in the UK government’s jigsaw to get British business back on its feet. But how can businesses implement a workplace testing programme and will the vaccine roll out make a difference?

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Paul Jarvis, Dentons

Dentons overhauls leadership and hires new GC

Dentons has carried out a restructure following the appointment of new UK, Ireland and Middle East (UKIME) chief executive officer Paul Jarvis. The firm said that that the changes have been made to simplify and streamline its legal practices and business services functions. There are now six divisions covering Middle East, banking and financial services, […]

CC

Clifford Chance enters City redundancy consultation

Clifford Chance is to run a redundancy scheme in London, in a move affecting a number of its support functions. The firm will offer a mix of voluntary and compulsory redundancies between now and June across its legal support secretary, document production and mail room groups in London. Around 44 to 73 roles are likely […]

Listed group CEO sets out vision for £30m Memery Crystal deal

RBG Holdings’ £30m acquisition of Memery Crystal could lead to a working separation at the listed company as CEO Nicola Foulston lays out her plans to split contentious and non-contentious work between brands. Foulston told The Lawyer that her long-term idea for the group is for Rosenblatt to take control of disputes and for Memery […]

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