Standard Chartered creates role to ease regulatory burden

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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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Deep impact

In a traditionally litigious marketplace, developments surrounding the Environmental Impact Assessment are likely to have far-reaching consequences for planning, says Duncan Field Ask any planning lawyer to name the most influential person in planning this year and the name Barker is certain to feature. However, the reference may mean either Kate Barker, who is spearheading […]

Ashfords’ new chief exec vows to develop Bristol office

South West firm Ashfords has named head of commercial litigation Ian Daniells as its new chief executive after Chris Hawkins retired. The firm has moved to new premises in Bristol and Daniells vowed to build the team up to become the firm’s largest office. Daniells said: “We’re looking to expand the Bristol office further. We […]

Reed Smith guides Napo through first-ever US primary listing on LSE

Reed Smith guides Napo through first-ever US primary listing on LSE” />With a transatlantic merger with Richards Butler looming on the horizon, Reed Smith has bagged a lead role on the first-ever primary listing of a US company on the London Stock Exchange (LSE). Partners Donald Reinke in San Francisco and Giles Beale in London […]

Morgan Lewis bags SunGard in-house chief

The chief legal officer of SunGard Data Systems, Larry Gross, has joined US firm Morgan Lewis & Bockius after the software house was bought by a private equity consortium for $11.4bn in April. Gross was SunGard’s general counsel from shortly after its public offering in 1986 until the beginning of 2005, when he became chief […]

UK businesses need to beware the long arm of US law

The angst surrounding the cases of the NatWest Three and Ian Norris has raised awareness of the new risks facing businesspeople from US prosecutors. US criminal jurisdiction is extraordinarily wide. To take an important example, the Sherman Antitrust Act (relating to cartels) applies to any activity that is in restraint of trade in the US […]

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