Luxembourg and the United Kingdom signed a new tax treaty in June 2022 which revises the terms under which both contracting states may exercise their taxing rights. The new treaty differs from its predecessor, which has been in place since 1968, in that it expands its scope of application to Luxembourg collective investment vehicles, it …
The Building Safety Act 2022 (the Act) is the central plank in the government’s response to the Grenfell Tower disaster. The Act was enacted with the aim of improving the standard of buildings in England and securing the safety of people in or about those buildings, with a particular focus on fire safety.
What is the legal framework in criminal asset recovery in Greece? Criminal asset recovery in Greece is mainly regulated by provisions found in the Greek Criminal Code and the Code of Criminal Procedure, as well as Law no. 4557/2018 on money laundering. It should be noted that, from 1995 until 2019, anti-money laundering legislation was …
Parent companies are in the firing line for harms caused by foreign subsidiaries Growing awareness of ESG issues and rights to access justice is fuelling an increase in group actions against UK and EU-domiciled parent companies for alleged human rights abuse and environmental damage caused by their overseas subsidiaries and affiliates. With the English Supreme …
Climate litigation has become an increasingly popular tool for a diverse range of groups promoting their interests in relation to climate change issues. According to a recent report from the Grantham Research Institute on Climate Change and the Environment, the cumulative number of climate change-related cases worldwide has more than doubled since 2015 to over …
Perception is not everything – general counsel should re-consider the risk exposure to criminal prosecution in Switzerland When it comes to the exposure of international business to criminal enforcement in Switzerland perception is not everything. In the past, Switzerland has not had a reputation as a tough environment. However, in recent years, the Federal Prosecutor …
2022 proved to be another unprecedented year. It began with the creation of further and increasingly complex sanctions against Russia which set in motion a number of other legal and policy initiatives to combat kleptocracy. The coupling of extreme economic and political climates and the constantly evolving threats from financial crime also served to feed …
Walker Morris achieved record results last year, with a turnover of more than £60m, ending 30 April 2022, compared to £55.2m the year before. This follows four years of strong growth, with revenue increasing by almost 50% since 1 May 2017. Managing partner Malcolm Simpson explains how this follows the launch of the firm’s new …
President Biden has signed an executive order introducing new safeguards that seek to address the concerns raised by the European Court of Justice in the Schrems II decision on transfers of personal data to the US. The UK and European Commission will now commence the next stages of their adequacy assessment processes. In this update …
In an ever more competitive world, businesses are under increasing pressure to transform the way they operate and adopt digital delivery models for their processes and services. Indeed, a successful digital transformation project can mean the difference between a business failing and one that embraces the future and realises its potential. But such projects carry …
