Reynolds Porter scores second internet sale

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Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

New property transfer tax law

By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]

Contribution regulation for company managers

By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]

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Partners quit Sydney firm in MDP row

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Putting a bet on CFAs

Last week, Linklaters’ head of advocacy, Mark Humphries, bought a racehorse and called it “No Win, No Fee”. His purchase coincides with his firm’s announcement that it will be the first magic circle law firm to advise clients to enter into conditional fee agreements (CFAs) as policy in certain cases. Linklaters is hedging its bets […]

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Norton Rose acted for Scotia Water Dalmuir on the £50m design, build, finance and operation of new waste-water treatment works at Dalmuir. Banking partner David Coulter led Norton Rose’s team. Bird Semple acted for Scotia Water. Wilde Sapte and McGrigor Donald advised Paribas, which arranged the loan. Dundas & Wilson acted for the West of […]

In brief: The Solicitors Family Law Association

The Solicitors Family Law Association has announced that 87 of the 130 members who applied for accreditation under its new scheme have succeeded. To qualify practitioners need to pass an examination, spend more than 550 hours a year on family work and be qualified for at least five years. The results were welcomed as evidence […]

Northern bars seek strength through unity

Talk to legal practitioners about the Leeds bar 10 years ago, and the word “dabbling” invariably crops up. Barristers, it seems, tended to have broad practices, hopping from a criminal trial one day to a tax case the next. It is an image the Leeds bar is keen to banish. In an increasingly competitive market, […]

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