National versus regional in the American fees battle

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

Recommended

Partnership tops the Italian agenda

Even if the Italian political situation at the moment is not very clear, and the lack of a stable government provokes lingering doubts among foreign investors, the Italian market still offers some good opportunities. The general election, scheduled for 21 April, should clarify the political situation. However, prudent investors should already be making plans for […]

Hands off our profession

I am somewhat alarmed to read about the increasing interest of accountants in the legal profession. It is a worrying trend and one on which the legal profession must take a stand. Multidisciplinary practices are not even allowed and yet we see the major firms of accountants preparing to go down this route. It means […]

SPG vice-chair gives franchising his vote

SOLE practitioners are better placed to win franchises than the larger law firms, a leading figure in the Sole Practitioners Group has claimed. A distinctly pro-franchising stance has been adopted by John Lymbury, vice-chair of the SPG, whose Nottingham firm is in the process of applying for a franchise. Lymbury, who also supports the Law […]

Law Soc jumps gun on legal aid rates

THE LAW Society has earned itself a rebuke for “pre-empting” by several days the Lord Chancellor’s announcement of new legal aid rates for law firms. Officials at the Lord Chancellor’s Department were caught off guard last week when the Law Society announced the results of the latest legal aid pay negotiations several days early. Lord […]

Let's hear it for separation

Your suggestion that there should be two separate bodies dealing with the regulatory and trade union aspects of the profession in last week’s editorial ‘Time for a solution’ is not new. The British Legal Association was set up in 1964 and since that time has been campaigning strenuously for such a situation. Indeed, in its […]

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