OSSE chief quits for Law Society of Scotland role

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Latest Briefings

SIPP and SSAS complaints round-up: winter 2018

By Patrick Shee The Briefing highlights some recent complaints which have come before the Ombudsmen. SIPP providers and financial advisors will benefit from reading our insights into how the Ombudsmen approach certain complaints and how best to apply those outcomes to their own businesses.

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

Bermuda allows cannabis investment funds

By Elizabeth Denman Bermuda’s authorities have given the go-ahead for investment vehicles interested in taking advantage of the legal cannabis sector. Elizabeth Denman of Conyers Dill & Pearman explains why this offshore jurisdiction is the clear choice for setting up ventures investing in cannabis-related enterprises. Investment in cannabis businesses, either directly or through an investment fund, […]

New strategy for providing free access to government data

By Jürg Schneider, Christophe Gösken On 30 November 2018 the Federal Council adopted a new open government data strategy for providing the public with free access to government data. From 2020 onwards, all government data will gradually be made available for free and in a computer-friendly format. Replacing a previous version, the new strategy is mandatory for the […]

Recommended

Travers junior partners’ equity wait extended by a year

Travers Smith has prolonged the time it takes for junior partners to progress into full equity by a year. Junior partners now have to wait three years before they can be considered for the equity partnership, where the average profit per partner stands at £705,000. Voting on this year’s promotions into the equity will take […]

Pru link gifts Boots health insurance deal to Lovells

Lovells has acted for health insurance group PruHealth on a deal that will see Boots offer co-branded private medical insurance products in its stores and on its website. The deal represents PruHealth’s largest-ever co-branding agreement and is also its first retail partnership. Lovells, which has an existing relationship with PruHealth parent company Prudential, advised on […]

Stevens & Bolton bolsters construction

•South East firm Stevens & Bolton has hired construction partner Matthew Needham-Laing as head of construction and engineering from London construction boutique Fenwick Elliott. Needham-Laing said: “I chose Stevens & Bolton LLP because of the firm’s evident commitment to expanding its construction department. I look forward to working with my new colleagues, building on Stevens […]

MoJ criticised on first day of opening

Criticism has been thrown at the Ministry of Justice (MoJ) within hours of it opening its doors for the first time today (9 May). The Lord Chief Justice Lord Phillips has raised concerns that the MoJ, which is headed by Lord Falconer, does not have in place “constitutional safeguards to protect the independence of the […]

Let’s have order in the firm

Limbo is drawing to an end for the lucky chaps and chapesses who have received the call-up to the hallowed gates of partnership this year. There is a strange period between promotions being announced in early April and partnerships actually becoming effective, typically on 1 May. So what does the prospective partner actually do in […]

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