By Fiona Robertson The GDPR is intended to protect the data of residents of EU countries but in doing so, there are claims that it has the capacity to extend beyond the jurisdiction of the European Union to the operations of entities outside that region. The intention of this article is not to provide an […]
Smart contracts will have a disruptive effect on traditional contractual performance, both practically and conceptually. However, are smart contracts actually “contracts” and are they really “smart”? What are smart contracts?
By Ahmed Al Barwani With the fast development and implementation of technology and the internet in processing operations in private and public sectors, and concluding transactions locally and internationally online or electronically on a cross-border basis, it has become essential to develop a legal framework to safeguard the rights and interests of stakeholders utilising such […]
By Sabrina Saxena The UAE is not as flexible as other jurisdictions and does not accommodate many types of business models. Before an expatriate is eligible to work in the UAE, they must receive approval from the UAE immigration and labour authorities and are required to obtain a residence visa and work permit. As part […]
By Kareem Zureikat The number of e-commerce startups in Dubai is burgeoning; so the Emirate has seen a significant increase in the number of private investors and venture capital funds active in this field. Growth during the early stages of a startup’s cycle requires significant funding, and banks usually step away from investments which are […]
On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?
By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…
Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]
The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…
On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]
Taylor Wessing‘s co-head of international litigation Shane Gleghorn has been announced as the firm’s new managing partner. Gleghorn will take up the role on 1 October, replacing Tim Eyles. Last December, The Lawyer revealed Eyles would step down in June 2018 at the conclusion of his third term at the helm of the firm. Eyles […]
Matrix Chambers has launched a new chambers-wide initiative designed to involve its barristers at an earlier stage to provide impartial advice during regulatory investigations. Integrity+ is a new service available to clients which will see Matrix barristers provide objective advice on issues such as the correct choice of law firm or accountant representation in the first […]
Emerging markets investment firm Leapfrog Investments has hired a new general counsel, three months after GC and Linklaters corporate partner Stuart Bedford exited to return to full-time private practice. Leapfrog has appointed Frances Holliday, who was general counsel at asset manager Kazimir Partners, to oversee the legal function of the London-based company. Holliday previously spent nearly a […]
Browne Jacobson has grown its top line by 9.2 per cent, rising from £66.8m to £73m in the 2017/18 financial year and mirroring its performance in 2015/16. With last year’s results, the firm has now grown its top line by £23m, or 46 per cent, since 2012/13 and its eighth consecutive year of revenue growth. […]
UBS EMEA head of litigation Susy Bullock is deliberating whether to formalise a legal panel for the investment bank’s work in the region to mirror those already in place the Americas and Asia Pacific. The panel would be Bullock’s first in the role after having joined UBS from Gibson Dunn & Crutcher as an associate […]