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Latest Briefings

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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A&O remains top adviser to HBOS

Allen & Overy (A&O) has cemented its relationship with HBOS, according to the latest Hemscott tables, which rank law firms by the number of FTSE100 clients on their books. The firm has been confirmed as main adviser to the bank, having worked on both its £4bn rights issue and its potential takeover by Lloyds TSB. […]

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Clifford Chance loses fourth US litigator this week

Clifford Chance has suffered its fourth litigation defection in New York in days. Clifford Chance loses fourth US litigator this week” />Clifford Chance has suffered its fourth litigation defection in a week. New York class action partner James Moyle moved to US firm Morgan Lewis yesterday. Earlier today, The Lawyer revealed that New York litigation […]

Cleary, Dewey, Milbank cut associate bonuses

Cleary Gottlieb Steen & Hamilton, Dewey & LeBoeuf and Milbank Tweed Hadley & McCloy have matched the new market rate for year-end associate bonuses. Both firms will pay associates bonuses ranging from $17,500 for the class of 2008 and up to $32,500 for the class of 2000. Milbank and Cleary have matched the precedent set […]

Conyers Dill forges ahead with global expansion plans as Brazil office opens

Offshore firm Conyers Dill & Pearman is launching in Brazil following an upsurge in investment flowing in and out of the country. Conyers Dill e Pearman (Brazil) Servicos de Consultoria will open today (1 December), with partner Alan Dickson running the office as managing partner. He will be joined by partner Benjamin Dyer, who is […]

Number of High Court IP cases rockets 83 per cent

Intellectual property (IP) disputes in the High Court have shot up by 83 per cent in the past year as businesses move to protect their IP rights in the downturn. Judicial statistics show that 422 IP cases reached the High Court in 2007 – up from 230 in 2006. Patents and registered design cases rose […]

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