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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 […]

Recommended

Real Estate and Projects

Development Securities agrees £37m forward funding with Morley Fund Management for the 132,000sq ft second phase of Cambourne Business Park, Cambridge. Development Securities advised by Linklaters & Alliance (Andy Bruce). Morley Fund advised by Penningtons (Peter Howard). John Laing Property sells Reading office development Kings Wharf to an Irish syndicate assembled by Hamilton Osborne King […]

Resolve to evolve

People who call for revolution are often in the minority and are easily dismissed by the majority, who are comfortable with the status quo. But when the status quo is less profitable, less efficient and denies opportunity, those who call for revolution may not be in the minority for long. It is probable that during […]

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A VIEW from Egypt

Egypt is a country that has attracted considerable interest from UK businesses in recent years. Despite this, it remains a bit of a mystery to many people in terms of knowing its legal market. Egypt has had an enormous cultural influence within the Arab world, and expatriate Egyptian lawyers have been responsible for much of […]

A man of Substance

A plethora of high-value, non-core selloffs means an impending review of chemical company Laporte’s legal panel. Dearbail Jordan talks to Nicholas Smith, head of legal at the downsized in-house department, to see which way the wind is blowing In the same way that the manufacturing sector has folded in on itself as City investors continue […]

A&O scoops Cravath star to boost NY

Allen & Overy (A&O) is dramatically increasing its New York presence, spearheading its expansion with a new senior partner from Cravath Swaine & Moore. Leading M&A and derivatives lawyer Daniel Cunningham is joining the firm to help bring to fruition plans to increase the office’s size by 300 per cent. He is believed to be […]

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