OFT lures associate from Slaughters

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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 […]

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DWF takes on more space and higher costs in Leeds

DWF has moved into new offices in Leeds, quadrupling both its office space in the city as well as its rental costs, which are set to hit £800,000 per year. The North of England firm has taken up two floors, totalling 32,000sq ft, in Bridgewater Place, the same building that Eversheds occupies. The new base […]

Herbert Smith lays down the gauntlet

Looks like Herbies got in first for a reason. It’s usually the earliest to declare its results simply because its financial year ends in March. But this year, I reckon it was on a mission – to dispel the notion that it had dropped off the pace. With PEP over a million for a first […]

Taylor Wessing posts 11 per cent revenue rise

Taylor Wessing has posted a double-digit increase in turnover, boosting global revenue by 11 per cent to hit a total of £180m. Taylor Wessing’s UK branch grew at a similar rate, posting a similar turnover increase of 11 per cent to reach £97.5m. This figure marks and increase of £7m from last year’s haul of […]

Ashes to caches

Since the 1989 regime change in Romania, the country’s business law firms have thrived and have been helped rather than hindered by the arrival of competition in the form of their Western counterparts. By Catalin Baiculescu

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