Regulatory roundup

After a string of delays, the Office of Fair Trading (OFT) has delivered its decision on HMV Group’s pending acquisition of Ottakar’s. Clifford Chance had a small win after the OFT referred the merger of bookstore chains Waterstone’s and Ottakar’s to the Competition Commission last week. HMV Group, which owns rival bookstore chain Waterstone’s, made a formal £96.4m takeover bid for Ottakar’s in September.

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Latest Briefings

New resource and waste strategy published

By Ben Sheppard The first change to England’s waste strategy since 2010, it represents an ambitious programme of reform which will shape the landscape for sustainability to 2030 and with some proposals looking as far ahead as 2050. Affecting the food, manufacturing and packaging sectors as well as the waste sector, key policies include the […]

Licensing news Scotland: December 2018

By Stephen McGowan This month in summary Top Licensing Tip: Merry Christmas to all and to all a good night – Duty of care! Highlights of the City of Glasgow Licensing Board Licensing Statement Highlights of the Aberdeen City Licensing Board Policy Highlights of the new Edinburgh Licensing Policy Gambling Commission publishes new report on […]

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.

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Separated at birth

Calls for former Celtic boss Martin O’Neill to return to football as manager of Manchester United gathered pace last week after the Reds crashed out of the Champions League. The 2-1 loss to Benfica in Lisbon left Man Utd stranded at the bottom of Group D with just six points from six games and no […]

Morton in landslide win for top job at Freshfields

Guy Morton has been elected senior partner at Freshfields after knocking out his two London opponents in the first round. Morton, head of the financial services regulatory practice, beat Philip Richards and Graham Nicholson to the job, meaning that he secured an outright majority in the first round of voting. He will take over the […]

Let them eat cake

The recent launch of media and entertainment boutique Swan Turton was notable for several reasons, not least because of senior partner Julian Turton’s welcome speech during which he admitted that his partners could be found in the local coffee shop, Coffee Cake & Kink, recharging their batteries of an afternoon. In fact, the Turtons were […]

Kirkland launch sees staff learning German

Kirkland & Ellis has offered all staff in its London office German lessons following the launch of its German office this year. The lessons were offered to all members of staff at the firm and Kirkland has been overwhelmed by the response. The German teacher visits the firm’s Gherkin-based office three times a week for three hours, with learners […]

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