The tenders trap

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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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Cases in point

Lister & ors v Hesley Hall, HL, LTL 3/5/2001`The House of Lords held the employer of a teacher, who had sexually abused children in his charge, vicariously liable for the abuse. In reaching this conclusion their Lordships overruled ST v North Yorkshire County Council (1998). In ST the central issue for the Court of Appeal […]

Bird & Bird wins MedQuist deal

Bird & Bird has advised US medical transcription services provider MedQuist, a Philips subsidiary, on its acquisition of Speech Machines. Corporate partner Roger Butterworth provided advice as to English law in a deal valued at approximately $10m (£7.2m).`Although MedQuist is quoted in the US, Anglo-Dutch giant Koninklijke Philips Electronics NV holds the majority of its […]

Camerons sees off CC to scoop Sara Lee sale

CMS Cameron McKenna has just completed its first corporate transaction for Sara Lee Corporation – taking the work from under the nose of bigger player Clifford Chance. `Camerons won the job of disposing of Sara Lee’s UK bakery business which earned £50m in sales last year. The company makes, markets and distributes frozen baked foods […]

Technology Media & Telecoms

When it comes to technology, media and telecoms (TMT), US firms have a head start. The home of Silicon Valley and Bill Gates was cashing in on the brave new world while the UK was still trying to work out how to turn on its Acorn computer.`So it is no surprise that many of the […]

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