Simmons raids Norton Rose for capital markets head

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Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

Recommended

Norton Rose cuts billable hours targets

Norton Rose has responded to its associates’ concerns about working hours by slashing the number of chargeable hours needed to be paid a bonus. The firm has introduced a new bonus scheme, applicable across all of its offices, which kicks in when 1,500 billable hours have been recorded. Up to 100 of those can be […]

Bakers, CC handed SR technics sale roles

Baker & McKenzie and Clifford Chance acted in the SFr1.6bn (£690m) sale of technical services company SR Technics. A provider of technical services to aircraft, Zurich-based SR Technics was originally a subsidiary of Swissair, but was sold to private equity houses 3i and Star Capital in 2002. In the latest deal 3i and Star Capital […]

Nabarros partner takes new Emea role at Oracle

Global technology company Oracle has hired its first director of litigation for Europe, the Middle East and Africa (Emea), scooping IT disputes partner Sara Ellacott from Nabarro Nathanson. Ellacott will coordinate and manage the company’s litigation strategy across Emea, working with local lawyers to ensure litigation policy is adhered to across the region. “With Oracle […]

Giuliani’s firm set to make a splash in City

Bracewell & Giuliani, the firm of former New York Mayor and prospective presidential candidate Rudolph Giuliani, is launching in London and is on track to be fully operational by the end of the year. Managing partner Pat Oxford told The Lawyer that the firm was recruiting a “handful of solicitors” for the office, whose purpose […]

A rum do

A round of applause to Baker & McKenzie for discovering the best bar in London. The Rum Bar does just what it says on the tin. It serves rum… by the gallon. And it serves every rum known to man. Rums from all around the world. Well, at least from all around the Caribbean. Yum […]

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