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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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FerradaNehme becomes London’s first Chilean firm

FerradaNehme has opened a representative office in London, becoming the first Chilean firm to do so. FerradaNehme has opened a representative office in London, becoming the first Chilean firm to do so. The office is headed by managing associate Carolina Werner and specialises in regulation and antitrust matters. Werner said the plan was to strengthen ties […]

Premier tax barristers emerge as £2m elite

Top tax barristers have become the premier league of the bar, with premier silks charging up to £5,000 an hour and £50,000 for a day-long conference. Silks at sets such as Gray’s Inn Tax Chambers, Pump Court Tax Chambers and 11 New Square routinely charge 10 times the £500 going rate for an average commercial […]

Unclear power

The future of nuclear power in the UK is a contentious issue and the recent Energy Review has done little to clarify things for lawyers, says Paul Ryan Over the past two years or so there has been a lot of talk about whether, and how, the UK would embark on a new round of […]

Toy story

Last year it was children. For those with long memories one of Tulkinghorn’s finest hours came when the great man decided to rank the UK legal market’s best and brightest on a combination of money earned and offspring sired. The result was Tulkinghorn’s inaugural ‘Lawyer Offspring Survey’, which produced the groundbreaking profit per child (PPC) […]

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Tax barristers gatecrash the bar’s expanding £2m-a-year club

The superstars of the bar are continuing to command extraordinary fees, with 18 commercial and tax silks understood to have earned more than £2m last year. Research carried out by The Lawyer has revealed that the tax bar is leading the pack, with two QCs in each of the main tax sets in the exclusive […]

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