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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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BBC Worldwide GC: Thinking outside the box

Television is a lot more than what appears on the screen. BBC Worldwide general counsel Martyn Freeman has a lot to keep up with Having spent the past 17 years working for the BBC, Martyn Freeman was an obvious choice when BBC Worldwide decided to appoint its first ­general counsel in November 2011. As a […]

Federal agencies and Congress accelerate defence against cyber attacks — every private company will be affected

By John A Merrigan, Lawrence E Levinson and Sydney M White Online espionage has become a common threat for US corporations. FBI director Robert Mueller said: ‘There are only two types of companies — those that have been hacked and those that will be.’ The problem for companies is serious and goes beyond espionage by competitors and foreign […]

Margaret Cole
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Former FSA conduct chief joins PwC as general counsel

The former managing director of the FSA’s conduct business unit Margaret Cole has been appointed general counsel of PricewaterhouseCoopers (PwC) UK. Cole will become a member of PwC UK’s executive board with responsibility for the office of general counsel. She will join the firm in autumn 2012 after a period of gardening leave from the […]

Simon Twigden

Enyo Law bolsters partnership with Bond Pearce hire

Litigation boutique Enyo Law has hired a partner from Bond Pearce, taking the total number of members at the niche firm to 10. Anna Maxwell, who covers both litigation and international arbitration, has joined Enyo as a partner, having been a partner in Bond Pearce’s commercial dispute resolution team, specialising in energy. Before joining Bond […]

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New York Bar bans lawyers from working in firms owned by non-lawyers

The New York Bar has banned lawyers in the state from becoming an employee of a firm in which non-lawyers hold a stake, effectively preventing UK firms with New York bases from seeking external investment. The ruling by New York State Bar Association (NYSBA), issued yesterday, applies to law firms in other states or outside […]

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