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Legal Briefings | 16 February 2017

Brexit: Tax

The precise impact on UK tax law of the UK exit from the EU will depend on a number of factors, not least the nature of the UK’s future relationship with the EU. However, what is clear is that the UK’s membership of the EU has had a considerable effect on UK tax legislation and policy, such that...
Legal Briefings | 16 February 2017

Brexit: Aviation

Traffic rights will be one of the biggest issues facing the aviation industry post-Brexit, and will potentially impact airlines, airports and other industry participants both in the UK and also overseas. The EU is a liberalised aviation market, meaning that any airline owned and controlled by...
Legal Briefings | 16 February 2017

Brexit: Insurance

Many of the issues raised by Brexit for the insurance industry are the same as for financial services firms more generally.
Legal Briefings | 16 February 2017

Brexit: Competition and Antitrust

As it now seems unlikely the UK will stay in the EEA, we consider below the situation in which the UK leaves the EU and the EEA. This involves very significant changes to the current position. The UK exit from the EU will have limited impact as far as the EU antitrust rules are concerned (Article...
Legal Briefings | 16 February 2017

Brexit: Investment Funds

Legal Briefings | 16 February 2017

Brexit: Contracts

Given that the exit from the EU will not entail any change in the currency of the UK, there are fewer issues about existing contracts than would be the case if a member of the Eurozone left the EU. However there are still a number of issues for contracting parties to address.
Legal Briefings | 16 February 2017

Brexit: Capital Markets

The current UK listing and prospectus regime is largely derived from the EU requirements set out in the Prospectus Directive, Transparency Directive and Market Abuse Regulation. Changes to the framework will depend on the extent to which HM Treasury and the FCA look to retain an equivalent regime...
Legal Briefings | 16 February 2017

Brexit: Corporate

Whilst the Companies Act 2006 and the raft of secondary legislation made under it have been heavily influenced by various European Directives (notably the Company Law Directives and Accounting Directives and the Shareholder Rights Directive), Brexit will have little immediate impact on company law...
Legal Briefings | 16 February 2017

Brexit: Telecoms and Media

Legal Briefings | 14 February 2017

Financial advisers to go back to school as part of industry reform

New financial advisers will be required to hold a relevant degree, and all advisers will need to pass an exam and follow a Code of Ethics as part of the industry reform that aims to improve the professional, ethical and educational standards of financial advisers.
Guides | 14 February 2017

From Floating to Surfing: The 2016 Australian IPO Review

Herbert Smith Freehills is pleased to announce the publication of its inaugural Australian IPO Review.
Legal Briefings | 13 February 2017

REAL DECRETO 55/2017, DE 3 DE FEBRERO, POR EL QUE SE DESARROLLA LA LEY 2/2015, DE 30 DE MARZO, DE DESINDEXACIÓN DE LA ECONOMÍA ESPAÑOLA

El pasado 4 de febrero se ha publicado en el BOE, el Real Decreto 55/2017, de 3 de febrero, por el que se desarrolla la Ley 2/2015, de 30 de marzo, de desindexación de la economía española (en adelante, el " RD 55/2017 ").
Legal Briefings | 13 February 2017

New mandatory data breach reporting law passed

The Federal Government has today passed the Privacy Amendment (Notifiable Data Breaches) Act 2016 to amend the Privacy Act 1988 to include mandatory notification of eligible data breaches.
Legal Briefings | 10 February 2017

Life Insurance Remuneration Bill passes Parliament

On 9 February 2017, the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 (Cth) ( Bill ) finally passed both Houses without amendment. The Bill is now awaiting Royal Assent.
Guides | 09 February 2017

INSURANCE AND REINSURANCE DISPUTES ANNUAL REVIEW 2016

We are pleased to share with you our Insurance and Reinsurance Disputes Annual Review of 2016, which provides an overview and analysis of the key cases and developments affecting those engaged in or with contentious matters in the insurance and reinsurance market.