US firms race for top City spots in image overhaul.

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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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Trowers scoops Etihad IPO after financing breaks Islamic records

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Cobbetts public sector first scoops councils quartet

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Baker & McKenzie suffers exodus of six German partners to US firms

Baker & McKenzie’s (B&M) German practice has lost six t partners to US rivals, including finance head Rainer Magold. According to Germany’s Juve magazine, rated acquisition finance lawyer Magold and rising banking star Christina Ungeheuer have joined Milbank Tweed Hadley & McLoy, for which they will open a Frankfurt office. Milbank opened its first German […]

Norr energises with hire of RWE chairman

German law firm Nörr Stiefenhofer Lutz has beefed up its energy law practice with the appointment of the chairman of German energy providerRWE Westfalen-Weser-Ems AG to the firm. Dr Wolfgang Kässer will join Nörr Stiefenhofer Lutz on 1 January, concentrating on new energy legislation on unbundling, pricing, transmission and emission trading. He will work alongside […]

Opinion

There is no cure-all for the pensions crisis, but giving the employer control is a positive step The recent Turner Report emphasised the scale of the pensions crisis in the UK. The report was just an interim one but it contained a clear pointer on the way to overcome the crisis. It indicates the need […]

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