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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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Burness continues hiring spree with financial services capture

Scottish firm Burness has beefed up its financial services regulatory practice with the hire of former Weil Gotshal & Manges associate Lorna ;Finlayson ;as ;a partner. Finlayson, who left Weil earlier this year, will join Burness in July, just months after Travers Smith associate Mark Ellis joined the firm as a partner. Burness chairman Philip […]

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Council legal teams create own practice

A group of local authority legal teams are set to split from their authorities in a radical bid to create the UK’s first standalone public sector legal practice.

Mayor Boris reshapes London’s legal landscape

Those of us old enough to remember ‘Red Ken’ Livingstone from the 1980s have been surprised at the longevity of his reincarnation as London’s mayor – but now he is gone, swept away by a tidal wave of anti-Labour sentiment. Boris Johnson is the new captain at London’s helm and for the first time in […]

F&C harasses tribunals

McDermott Will & Emery employment partner David Dalgarno has pitched himself squarely against the Employment Tribunal. Dissatisfied with its decision to uphold Gillian Switalski’s £13.4m sexual harassment claim against his client, F&C Asset Management, Dalgarno took the case to the Employment Appeal Tribunal to have the judgment quashed. But F&C lost. Despite losing in two […]

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