Rowe Cohen

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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 […]

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The great divide

Tighter regulation of investment products will spark higher costs for professional advice and leave the mass market out in the cold. By Simon Gleeson The regulatory landscape for retail products in the UK is entering a period of rapid change. Financial Services Authority (FSA), EU and Government initiatives are all running strongly and it seems […]

Firm profile: Warners

Kent-based Warners Solicitors can trace its foundations back to 1785 – the age of Mozart, Napoleon and Benjamin Franklin. Chairman: Bill WassTurnover: £5.8mTotal number of partners: 17Total number of lawyers: 59Main practice areas: Private client, commercial propertyKey clients: The Children’s Mutual, Tonbridge School, West Ham United FCNumber of offices: TwoMain office: Tonbridge, Kent Kent-based Warners […]

Opinion: Powers of persuasion

The size of a legal team must be governed by need, not cost. And legal heads should not be afraid to ask for what they need. By Dominic Bacon I joined CMC Markets in April to create and head up its global legal department. That in itself wasn’t as much of a gamble as it […]

Guildhall QC bolsters Vickery defence

Guildhall Chambers silk Richard Smith QC has managed to get England rugby captain Phil Vickery a lenient punishment after his trip on USA centre Paul Emerick. The International Rugby Board (IRB) disciplinary panel banned Vickery for two matches for the trip. The full sanction could have been as much as four weeks, but judicial officer […]

Central role

The Midlands business and legal community has emerged as the surprise beneficiary of the increasing profile of sharia-compliant finance. For an increasing number of lawyers, particularly those working in larger City firms, those based in regions with large Muslim populations, or those who have international clients operating in the Muslim world, there has been a […]

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