06/06/2021
EU: New Standard Contractual Clauses – From theory to practice
Most large companies have complex webs of data transfers to hundreds, if not thousands, of overseas recipients, many of which will depend on SCCs.
Legal, Regulation & Compliance
06/06/2021
Supporting smart contracts under English law: five key conclusions from our latest publication
It recently closed a call for evidence, to which Linklaters submitted its views.
06/04/2021
"2L, or Not 2L, That Is the Question"
Facilities can be overcollateralized given that the borrowing base that lenders use to assess availability under a Facility often does not include all Investor commitments a Fund has access to, but the Security granted does extend to the right to call on
06/04/2021
Ukraine parliament approves bill to jail officials for hiding wealth
That ruling has hobbled Ukraine's prospects of securing more IMF loans and prompted President Volodymyr Zelenskiy to suspend the head of the court.
06/04/2021
UK guide on data transfer codes and certification anticipated
The legislation also provides for the endorsement of industry-drafted codes of conduct that are "intended to contribute to the proper application" of the law.
06/04/2021
Woman facing jail after admitting £5m money laundering offences
Tara Hanlon was stopped as she tried to board a flight to Dubai in October 2020 with five suitcases containing more than £1.9m in sterling notes.
06/04/2021
Carey Olsen wins China Business Law Award for dispute resolution
This latest recognition for Carey Olsen's Hong Kong and Singapore offices follows the firm winning two deal of the year awards from China Business Law Journal
06/04/2021
Ashurst advises Warburg-HIH Invest on acquisition of office and administrative property development near Cologne
The parties agreed not to disclose the purchase price.
06/04/2021
Linklaters advise TUI GROUP UK Pension Trust on c £800m double buy-in transaction with Legal & General
The Linklaters team was led by Carol Jones, a consultant in the pensions practice and included managing associates Sarah Opie and Elizabeth Forbes.
06/04/2021
EU must address passporting 'urgently' as many expats denied advice
Stanfield pointed out there are different regimes in various countries across Europe but none of them offer the same, relatively easy, continuation options - and some offer, quite literally, nothing at all.
06/04/2021
Rothschild hires Credit Suisse heavyweight to lead Midlands launch
Rothschild & Co has hired Credit Suisse’s head of ultra-high net worth in the UK to lead a new wealth team across the Midlands region.
06/03/2021
Modernisation of the Luxembourg Securitisation Law
The Luxembourg Securitisation Law of March 2004 required an update.
06/03/2021
EU to Force Multinationals to Report Revenue in Each Country
Rules apply to companies with revenue over 750 million euros
06/03/2021
Crypto firms fall short on anti-money laundering rules, UK watchdog says
The cryptocurrency world has been plagued through its 12-year life by lax standards on money laundering and other illicit activities.
06/03/2021
Banker Flew Jet to U.K. and Found Cops Waiting With U.S. Charges
Peter Weinzierl wanted by U.S. on money laundering allegations
06/03/2021
Carey Olsen and Praxis Fund Services support Taylor Maritime Investments on London Stock Exchange listing
Following its admission to trading, Taylor Maritime Investments has confirmed the simultaneous acquisition of 17 vessels from multiple vendors.
06/03/2021
LIBOR Cessation: Investment Managers Look to the Future
It isn’t controversial to suggest the transition away from LIBOR will have a significant impact on operational workflows.
06/03/2021
EU Cross-Border Fund Distribution Rules - Are You Ready?
Despite the looming August 2021 deadline, to date, there has been quite a low level of local implementation across EEA Member States.
06/03/2021
Temporary Registration Regime extended for cryptoasset businesses
The extended end date will allow cryptoasset firms to continue trading while the FCA continues with its assessments.
06/02/2021
EDPB adopts opinions on first transnational Codes of Conduct for cloud service providers
It is expected that the Belgian and French data protection authorities will now finalise their decisions to approve the codes.