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Latest Briefings

New Act on the Control of Investments Detrimental to the Interests of Hungarian National Security

The Hungarian Government recently adopted Act no. LVII of 2018 on the Control of Investments Detrimental to the Interests of Hungarian National Security (the “Act”). Previously we wrote about a similar legislative proposal which aimed at establishing a similar control mechanism. However, the Act has a more sophisticated approach on the control and approval procedure […]

Health and safety at work in Romania: What companies need to know

Failure to take or observe the mandatory measures for health and safety at work may entail, among other types of liability (e.g. civil, administrative), potential criminal liability for employers. The Romanian Criminal Code (the “RCC”) provides for two offences which sanction such failure: i) failure to take the mandatory measures for health and safety at […]

Switzerland: Insolvency law, policy and procedure

By Daniel Hayek and Laura Oegerli Statutory framework and substantive law Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892. A number of other laws and ordinances further regulate special aspects of restructuring and insolvency proceedings, such as specific provisions according to […]

Czech Republic: Office for the Protection of Competition gets tougher

In April 2018 the Office for the Protection of Competition adopted new guidelines on the method of setting fines for competition law infringements,(1) noting that the need for a revision of the previous guidelines had emerged in the wake of developing case law, as well as amendments to the Act on the Protection of Competition. The […]

FOS expansion to SMEs – near-final rules published

By Paul Gair The Financial Conduct Authority yesterday released its policy statement on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper detailing proposals for increasing […]

Recommended

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 […]

Legal Task Force aims to protect employees with indemnity clause

A TASK Force of young solicitors and freelance practitioners has launched a model clause in a bid to stop partners suing their staff for negligence. The clause includes an indemnity by the employer against all liabilities and claims which might be made against a member of staff and pledges the firm will not attempt to […]

Outlaw age discrimination urges report

LEGISLATION to outlaw age discrimination in employment is recommended by a report from the Law Society’s employment law committee. The report, ‘Age discrimination and employment law’, said persuasion and voluntary action had a part to play against ageism, but “lasting change will only come with legislation”. Janet Gaymer, committee chair and partner of City firm […]

In brief: Murder mystery at Law Teacher event

A major conference at the end of this will month begin with a murder and end with a debate on the state of legal education. The Association of Law Teachers is kicking off its 31st annual conference with a pre-conference social event – a murder mystery dinner called Murder on the Ocean – at the […]

Wrong answer, wrong question

‘Mears takes up Rights of Audience Gauntlet’ (The Lawyer 6 February) is the latest round in the seemingly endless Bar Wars between solicitors and barristers. City firms are still complaining that the rules for solicitors to qualify as advocates are too restrictive and Mr Mears wants a “level playing field” with the Bar. These attempts […]

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