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Latest Briefings

Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

New property transfer tax law

By Branimir Rajšić As of 1 January 2019, a new Property Transfer Tax Law is applicable for the transfer of property in the capital of Bosnia and Herzegovina, Sarajevo, and the entire Sarajevo Canton (published in the Official Gazette of the Sarajevo Canton no. 28/18). The new law regulates tax issues on real estate transfers, as well […]

Contribution regulation for company managers

By Branimir Rajšić Under the new Contributions Act, mandatory insurance now covers management board members, executive directors and liquidators in companies, unless they have mandatory insurance on another basis. When appointed to those functions (even when not employed), they are obliged to pay contributions on a monthly basis. This obligation includes contributions for pension insurance […]

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JLPBS

JLPBS Forbury, a joint venture between John Laing Property and the Bank of Scotland, acquires Energis House in Reading. Two leasehold interests were surrendered by Caradon and Energis. CMS Cameron McKenna advised JLPBS Forbury (David Saunders) and Caradon (Colin Jesson). Davies Arnold Cooper advised Energis (Ian Hunter).

CC advises Wates on £250m property sale to Prudential

Clifford Chance has advised Wates City of London Properties on one of the largest real estate investment sale transactions in the City this year. Prudential, advised by Berwin Leighton, paid around £250m for the multi-let buildings of City Tower, City Place House and 90 Queen Street, and Wates’ 45 per cent interest in Winchester House, […]

Shearman & Sterling boosts Silicon Valley with IP expert

Shearman & Sterling is beefing up its Silicon Valley office just three months after two top partners jumped ship. The firm’s managing partner for San Francisco and Menlo Park William Hinman and business finance partner Kevin Kennedy left for Simpson Thacher & Bartlett in the summer. Now the firm has started rebuilding with a new […]

National Power lawyers get snapped up

Companies in the South West have reaped the rewards of the in-house fallout that followed National Power’s decision to demerge to become International Power and Innogy. Only two lawyers from the original National Power international team chose to relocate from Swindon to London with International Power. Four took severance terms and have now taken up […]

Linklaters in-house survey suggests mass unrest

Linklaters & Alliance is facing a potential assistant exodus if the results of a firm-wide survey are to be believed. According to a number of sources, a “climate” survey sent out to all the firm’s offices reveals that a high percentage of assistants in certain groups of the practice are planning to leave the firm. […]

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