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Privacy Shield Developments and UK Data Transfers Post-Brexit

With the UK’s Brexit referendum dominating the news out of Europe over the past week, it may have been easy to miss a key development in the continuing Privacy Shield negotiations. On Friday, June 24, news outlets reported...more

Brexit: Six-Point Action Plan for Asset Managers

The vote is in. On June 23, 2016, by national referendum, a 52% majority of British voters decided the question of whether the United Kingdom (UK) should leave or remain in the European Union (EU). The referendum turnout...more

Hong Kong Law Update: Using the Common Law to Enforce an Arbitral Award

A successful party in an arbitration made efforts to enforce an arbitral award in its favour in Hong Kong by means of the statutory process to enforce an arbitral award as if it were a judgment of the Hong Kong Court, only to...more

A Brexit Antitrust Primer

The decision by the United Kingdom (UK) to leave the European Union (EU) will have far-reaching consequences for companies doing business in the UK and elsewhere in Europe. Specific details of the UK's withdrawal agreement...more

Brexit Q&A: Business Implications

On Thursday 23 June 2016, the UK electorate voted to leave the European Union. While this vote was advisory in nature, we expect that ultimately the UK Government and Parliament will respect the outcome and serve notice to...more

Brexit — What IP Rights Holders Need to Understand Now

It is neither quick nor easy for a nation to leave the European Union (EU), and there is little precedent for it, especially for a nation such as the United Kingdom (UK), one of the major economic and political leaders within...more

Brexit: Keep Calm and Carry On?

Does the United Kingdom’s vote to leave the European Union change the United Kingdom’s attractiveness as a holding company jurisdiction?...more

Brexit: What to Expect and How to Prepare for the ‘New Normal'

The U.K. has voted, in a popular referendum, to leave the EU. The referendum is not legally binding and the result was extremely narrow: 51.9 percent in favor of leaving, 48.1 percent in favor of remaining. This partly...more

The Impact Of The Brexit On Intellectual Property Rights In Europe

The United Kingdom (UK) voted June 23, 2016 to exit the European Union (EU). While the full impact of the vote will not be known for some time, we are circulating our initial impression how the "Brexit" could impact our...more

The Oman Update - Official Gazette 1151

Ministerial Decisions - Ministry of Tourism - Ministerial Decision No. 39/2016 Issuing the Executive Regulations of the Tourism Law (enacted by Sultani Decree No. 33/2002). This Decision repeals and replaces...more

European Commission Adopts a Delegated Regulation on RTS Relating to Clearing Access in Respect of Trading Venues and Central...

The European Commission has adopted a Delegated Regulation and annex supplementing the Markets in Financial Instruments Regulation (Regulation 600/2014) (“MiFIR“) with regard to regulatory technical standards (“RTS“) relating...more

Impact of Brexit on UK Employment Law

Many in the UK are in a state of shock. The vote, narrowly, and with significant geographical and demographic variations, is to leave. What impact will this have in relation to UK employment law?...more

The Financial Report, Volume 5, Number 12 - June, 2016 (Global)

Discussion and Analysis In our last edition, we discussed a recent SEC enforcement action against a private equity fund advisory firm and its owner, who agreed to pay more than $3 million to settle charges that included...more

FCPA Compliance and Ethics Report-Episode 262-the Brexit Edition, with Jonathan Armstrong [Video]

In this special Brexit episode, I visit with UK lawyer Jonathan Armstrong about the potential impacts of the British exit from the EU for the FCPA compliance practitioner around issues relating to data privacy and data...more

Brexit: Key Tax Implications for Alternative Investment Funds and Investment Managers

The result of the UK’s referendum of 23 June 2016 was announced today as a victory for ‘Brexit’ - in other words, for the UK to exit the European Union. This decision is expected to have significant ramifications for the...more

Britain Votes to Leave the European Union

On June 23, 2016, the United Kingdom (UK) voted in a referendum to leave the European Union (EU). In the meantime, David Cameron, UK’s Prime Minister, confirmed that he will respect the outcome of the referendum and that the...more

Amid the Economic Uncertainties of the Brexit, New Challenges in Corporate Tax Structuring for UK Companies (And Their Parents,...

The June 23, 2016 “leave” Brexit vote has left many in the business and legal communities stunned, and while uncertainties abound, there is no doubt that wading through the economic and administrative complexities of exiting...more

BREXIT and IP Rights for Canadian Business

On June 23th, 2016, UK voters elected to approve a withdrawal from the EU. What does this mean for Canadian business owners who have intellectual property (IP) rights in the UK? The first message for Canadian IP...more

Blog: It’s #Brexit (for now). What you need to know about corporate criminal law in less than 500 words

In this post, our UK white collar crime partner, Louise Delahunty, considers the potential impact of a possible #Brexit on the UK’s implementation of the 4th Anti-money Laundering Directive; the UK government’s proposed...more

Blog: It’s #Brexit (for now). Can the UK leave the European Union, and stay in the single market?

The European Treaties and the Regulations and Directives made under them give UK-authorised financial services businesses the right to carry on their activities across the EU, on a cross-border services basis and through a...more

Alert: The Tax Implications of Brexit

There are no immediate tax consequences of the Brexit vote. When the UK leaves the EU (which should not be for a period of at least two years) customs duties and tariffs may change depending on the outcome of...more

Blog: It’s #Brexit. What happens next under UK & European law?

The UK electorate has voted to leave the European Union by a narrow margin (51.9% / 48.1%). For the moment, it seems that #Brexit is almost certain to follow. The UK can “cancel” its membership of the EU by giving two...more

BREXIT: The UK Has Chosen To Leave The EU. What Next?

On 23 June 2016, the UK held a referendum in which the British people voted for the UK to leave the European Union. But what does this mean in practical terms? Who will BREXIT affect? Any business or financial...more

Brexit: What are the implications for tax law?

The precise impact of a Brexit on UK tax law is not possible to determine without knowing the terms of the exit negotiated by the UK with the EU and future government decisions. There are various ways the relationship between...more

EU Council Agrees on Final Anti Tax Avoidance Directive

We wrote in February (European Commission Publishes Anti Tax Avoidance Package) about the draft EU Anti Tax Avoidance Directive (“ATAD”). On 21st June 2016, the EU Council agreed on the final text of the ATAD and it will...more

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