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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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Prioritising diversity

During the past couple of years Pinsent Masons has embarked upon a number of initiatives to ensure that minority groups are recognised and represented in our business. One way to recognise minority groups has been to work with equality lobbying group Stonewall as a member of its Diversity Champions programme. The programme is a good […]

Taylor Wessing nets Merril Lynch counsel

Taylor Wessing has hired the senior counsel of Merrill Lynch’s European global private client business. Clive Cunningham joined Taylor Wessing as a partner in its corporate team last week (beginning 6 November). Cunningham specialises in the financial services, banking and funds sectors. He is the third significant hire for Taylor Wessing in four months. In […]

Legal Intelligence: October

Last month proved to be another busy one for M&A lawyers, with some City firms reporting one of their busiest Octobers. According to Thomson Financial, 345 deals involving any UK involvement, worth $85.1bn (£44.86bn), were announced in October. City report Last month proved to be another busy one for M&A lawyers, with some City firms […]

Gómez-Acebo set to launch in London

Gómez-Acebo & Pombo has revealed plans to become the latest Spanish firm to open in London. Managing partner Manuel Martín said: “A London presence is now back on the 2007 agenda, but only as a base for Spanish lawyers.” The move follows the launch of Cuatrecasas’s City office in July this year and rumours surrounding […]

Hammonds hit by double Brussels exits

Hammonds is losing two of its most senior partners in Brussels after talks to retain them failed. Brussels competition head José Rivas and trade partner Edward Borivikov are both leaving the firm after weeks of negotiation. As first revealed on www.thelawyer.com (1 September), the pair resigned alongside office head Konstantinos Adamantopoulos earlier this year. However, […]

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