Law Soc steps up campaign against China’s AIM restrictions

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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 […]

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 […]

Insurance & Reinsurance 2018: issues facing lawyers and clients today

Have there been any major changes or developments in your jurisdiction over the past 12–18 months? How have these impacted your practice? In August 2016, the Bermuda Monetary Authority (BMA) issued the Insurance Manager Code of Conduct requiring insurance managers to follow a set of procedures when carrying out their functions. In September 2017, the […]

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Freshfields chases Bloxham for £100k costs

Freshfields Bruckhaus Deringer is pursuing its former insolvency partner Peter Bloxham for £100,000 costs following his failed age discrimination claim. An application for costs has been filed just before the 28-day deadline after the judgment was passed down. Bloxham’s solicitors Dawsons stated today: “Peter Bloxham will be vigorously defending the wholly misconceived application for a […]

Group calls for regional administrative courts

A judicial working group has recommended that there should be four regional centres of the administrative court outside of London. The group, led by Lord Justice May, proposes that courts should be established in Cardiff, Birmingham, Manchester and Leeds, with High Court judges sitting outside of London more regularly. The working group report, called Justice […]

Playing the penalty

On Rugby World Cup final day, Standard Chartered Bank (SCB) invited all its international and UK panel firms to a day of boozing and rugby. SCB’s panel firms battled it out on the rugby pitch, with Slaughter and May putting in the winning performance, beating Lovells in the final. A penalty shoot-out competition was put […]

Pedal tests the mettle

Allen & Overy (A&O) has espoused the ‘healthy body, healthy mind’ ethos with its new building housing a fancy-pants gym and bike racks and showers for staff who cycle to work. And to prove that this is a top-down philosophy, behold, in technicoloured, Lycra glory the wonder of 12 of A&O’s most well-known partners. From […]

Financial services and pensions

The European financial services market has gone through major change this year with the implementa-tion of the Markets in Financial Instruments Directive (Mifid). The directive has been making a slow entry in individual member states, something that will hamper its smooth running for a number of years to come. Domestically, market abuse remains a major […]

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