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15 December 2022
National Portrait Gallery, London
Herbert Smith Freehills have a longstanding partnership with the National Portrait Gallery, having been a sponsor of the Gallery since 2004. In 2023, we become the Gallery’s Reopening Partner following the Inspiring People redevelopment project. See what's coming up at the NPG
14 December 2022
THE UK’S PROPOSED NEW FOREIGN INFLUENCE REGISTRATION SCHEME: SIGNIFICANT UNINTENDED CHALLENGES FOR ENERGY AND INFRA
This short note flags some potential implications for energy and infra operators and investors and then links to a longer note for those who wish to find out more. Both include examples of some of the unexpected impacts – in terms of the entities, individuals and activities that are caught in its...
13 December 2022
From Smart Contract to Interpol Red Notice – Developer Liability
Companies and individual developers in the web 3.0 space may not be aware but, as smart contract programs gain wider reach, they will be increasingly scrutinised and potentially vulnerable to civil and criminal liability
12 December 2022
On-market acquisitions during a takeover bid – Australian Securities & Investments Commission's expectations
The latest ASIC Market Integrity Update addressed ASIC’s expectations regarding buy price disclosure in circumstances where a bidder intends to purchase target securities on-market at a price higher than the bid price.
12 December 2022
Wide ranging beneficial ownership reforms proposed for Australia
The Australian Treasury has issued a Consultation Paper titled “Multinational Tax Integrity: Public Beneficial Ownership Register” relating to the Government’s proposal to introduce a public register of beneficial ownership information to record who ultimately controls, owns and receives benefits...
12 December 2022
Proposed changes to franked dividend rules: Australian M&A implications
The Australian Treasury has released an Exposure Draft of legislation which will further curtail the ability of companies to frank distributions. If enacted in its proposed form it could well impact special dividends paid in conjunction with M&A transactions.
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20 December 2022
WHISTLEBLOWING: THE GERMAN PARLIAMENT PASSES THE WHISTLEBLOWER PROTECTION ACT
Whistleblowers will be able to draw attention to violations of laws and regulations in companies and public authorities more easily and without fear of reprisals. This is the aim of a draft law by the federal government (20/3442), which the German Parliament passed on 16 December 2022 in a version...
20 December 2022
DEFRA ISSUES ENVIRONMENTAL TARGETS
On 16 December 2022, DEFRA issued its consultation response setting out the final form of the environmental targets required by section 1 of the Environment Act 2021. The targets were due to be adopted on 31st October 2022 but delayed to allow time to deal with a large volume of responses to...
20 December 2022
UK environmental law in 2023 – What to expect
It's now over a year since the Environment Act 2021 received Royal Assent. What progress has been made, and what should we be on the watch for in 2023? Our Real Estate Development Yule Blog takes a look at three areas of interest: mandatory biodiversity net gain ; environmental deadlines ; and the...
15 December 2022
National Portrait Gallery, London
Herbert Smith Freehills have a longstanding partnership with the National Portrait Gallery, having been a sponsor of the Gallery since 2004. In 2023, we become the Gallery’s Reopening Partner following the Inspiring People redevelopment project. See what's coming up at the NPG
14 December 2022
THE UK’S PROPOSED NEW FOREIGN INFLUENCE REGISTRATION SCHEME: SIGNIFICANT UNINTENDED CHALLENGES FOR ENERGY AND INFRA
This short note flags some potential implications for energy and infra operators and investors and then links to a longer note for those who wish to find out more. Both include examples of some of the unexpected impacts – in terms of the entities, individuals and activities that are caught in its...
13 December 2022
From Smart Contract to Interpol Red Notice – Developer Liability
Companies and individual developers in the web 3.0 space may not be aware but, as smart contract programs gain wider reach, they will be increasingly scrutinised and potentially vulnerable to civil and criminal liability