Stephenson Harwood’s McGrigors hire perfect fit for financial services

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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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Linklaters wastes no time in merging with Japanese firm

Linklaters launched Japan’s first fully merged law firm last Friday (1 April), taking advantage of the recent regulatory changes that opened the door to integrated partnerships between Japanese and foreign lawyers. The move followed the appointment last year of two name partners, Mitsuhiro Yasuda and Akihiro Wani, and 20 associates from leading domestic banking firm […]

How to get your women back

Businesses need women and women want to work. So what’s the problem? By Elaine Aarons The character of Lynette in Channel 4’s Desperate Housewives will strike a chord for many women in the legal profession. Why did this highly qualified woman give up her successful career to stay at home and look after the children? […]

Path master

As the Crossrail project lumbers on, Robbie Owen highlights the problems likely to be faced by individuals and businesses in the path of this monster development On 22 February 2005, the Secretary of State for Transport introduced the long-awaited Crossrail Bill into the House of Commons. Crossrail is the proposed new East to West London […]

White House adviser joins Ford as counsel and senior vice-president

Ford Motor Company has raided the White House to secure a new general counsel to take over from incumbent Dennis Ross. As first revealed on www.thelawyer.com (29 March), David Leitch, who served most recently as the deputy assistant to George W Bush and as the White House’s deputy counsel, joined Ford on 1 April as […]

Helping your stars to shine

Failure to be in command of improving your talent will be the single issue driving the polarisation of professional service firms in the years to come. When the words “Our people are our greatest asset”, trip off the tongues of CEOs and managing partners – as all too frequently they do – they seem to […]

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