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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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Trainee lawyers require protection from bullying bosses

Susannah Haan of the Trainee Solicitors’ Group says the Law Society should come down hard on firms that ill treat their trainees. Susannah Haan is chair of the Trainee Solicitors’ Group and a trainee at Clifford Chance. The number of calls that trainee solicitors are making to the Trainee Solicitors’ Group (TSG) helpline each month […]

Part-time judges face delay over Woolf training

Part-time county court judges will receive no training in the Woolf civil justice reform rules until after the 26 April launch-date. The 1,250 judges in England and Wales, who sit for a minimum of 20 days per year, will not begin training in the new rules until 19 April. In the latest setback to hit […]

In brief: Prevention of crime is cheaper than cure

Spending money on family support, education and combating truancy would be more cost-effective than increasing spending on young offenders in prison, a new report by The Princes Trust and KPMG has concluded. Wasted Lives, released this week, says juveniles in prison cost the country at least u190m, while programmes to keep families together and help […]

All set for tough new regime at the OFT

George Peretz examines the OFT preparations for the impending changes in the competition regulations. George Peretz is a barrister at Monckton Chambers, London. Since the Competition Act was passed last month, the Office of Fair Trading (OFT) has been gearing up for a revolution in competition law. The Director General of Fair Trading, John Bridgeman, […]

Sultan of Brunei dissolves Bruneian Ministry of Justice

THE Sultan of Brunei has axed the Bruneian Ministry of Justice as part of a shake-up following the collapse of the international conglomerate Amedeo, which was controlled by his brother, Prince Jefri Bolkiah. The Sultan has offered no explanation for the move, which is reported to have come as a shock to Brunei’s 70-odd legal […]

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