Pinsents joins China trio to win bridge work

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Latest Briefings

European Court of Justice voids European Commission’s decision to grant state aid authorisation for UK’s capacity market scheme

By Maria Connolly The ECJ found that the Commission had granted approval in 2014 after just a month long preliminary examination and had failed to take full account of objections raised. The Commission must now undertake a full investigation of the scheme before granting state aid approval.  It may emerge that changes to the scheme […]

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

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Clear thinking

Offshore jurisdictions have a tendency to be viewed with suspicion, accused of harbouring illegal funds. But it is a suspicion born of ignorance in how they operate, argues Charles Jennings The Cayman Islands’ financial industry relies on institutional work. A glance at the number of Cayman mutual funds (1,933 newly registered in 2007 and 1,650 in […]

Resistance is futile

The US has strengthened its regulatory reach with ruthless efficiency to the point where a failure to comply can have disastrous consequences for any international business. The effects of 9/11 are now being felt by UK banks and investment businesses caught in the aftershock of US foreign policy. Since 9/11 the US authorities have deliberately […]

OPINION: The Supreme Court is moving to mirror society

Next October (if the building works are finished in time) the Law Lords will move across Parliament Square and become Supreme Court justices. The ostensible reason for this ­unnecessary change is the separation of the judiciary from the legislature and from ­government, but the truth is that there was already such separation in practice. There […]

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Postcard from… Monte Carlo

In the latest in our Postcards from… series, Lawrence Graham partner William Easun discusses the highs and, er, highs of legal life in Monte Carlo. In the latest in our Postcards from… series, Lawrence Graham partner William Easun discusses the highs and, er, highs of legal life in Monte Carlo. I have lived and worked […]

1

Offshore

All offshore eyes are carefully watching the movements of Stop the Tax Haven Abuse Act, the Bill introduced to the US Senate by US President Barack Obama in February 2007. If there is to be any reformation of offshore jurisdictions it will begin in the US with this Bill. Also at the forefront of offshore […]

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