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Latest Briefings

Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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In brief: Lawyer joins Horlick at new subsidiary

Robert Guest is to join Societe Generale Asset Management’s (SGAM) new UK subsidiary as its head of compliance and legal. Guest, who joins from domestic asset management firm Johnson Fry Holdings, where he has been for three years, will be responsible for setting up new funds and getting authorisation from the Investment Management Regulatory Organisation […]

Surviving the Bre-X scandal

The recent scandal involving Bre-X, a junior Canadian mining company that claimed to have found the world’s largest gold deposit in Indonesia, sent shock waves through the Canadian investment community. At risk was Canada’s international reputation for mining expertise, and its position as the leading market for mining investment and finance. In the days immediately […]

In brief: Withers expands into KPMG's property

City firm Withers has announced it is taking over two more floors of 70 Fleet Street from KPMG. The firm, based in Gough Square behind Fleet Street, previously occupied the third floor but has decided to “bank the extra space for future expansion”. Withers will pay £25 per square foot for the space with the […]

In brief: Law Soc to survey views on conveyancing

Solicitors are being asked this month whether they want the Law Society to amend its regulations to restrict conveyancing solicitors in acting for both lenders and borrowers. The Law Society’s policy committee has issued a questionnaire to all firms asking them to choose between four options: leaving the rules as they are; amending them so […]

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