Governmental Relations

Meet the Co-chairs - TAGLAW

Holtzman, Elizabeth
Herrick, Feinstein LLP

Governmental Relations

The service yesterday of Notice under Article 50 of the Treaty of the European Union 2007 started a 2 year process leading to the UK’s exit from the EU, barring an agreement with the EU to extend this period.

The Government has this afternoon published a White Paper on how it intends “Legislating for the United Kingdom’s withdrawal from the European Union”.  They are proposing enacting the Great Repeal Bill which they hope will deliver a smooth transition for businesses and individuals to life in a post-Brexit UK whilst removing the UK from the EU and the authority of EU law. 

Read more: UK Leaving the EU – How It Is Going to Work

By: Helen Bunker

In Philip Hammond's first Autumn Statement, we await to see how he plans to shape the economy and tax system, whilst balancing the government's spending. Will this be a light touch statement or are we in for a raft of further changes? How will the changes impact individual taxpayers?

In the run up to the Autumn Statement, Blake Morgan considers what we hope to see covered.

Read more: Autumn Statement 2016: Will our wishes come true for private clients?

Decree No. 2.452 was published in Official Gazette No. 6.256 Extraordinary of September 13, 2016 (the “Decree”). Through said Decree, the President of the Republic declared a State of Emergency (including Economic Emergency) in all of the national territory.

Read more: Decree of State of Emergency in Venezuela (including Economic Emergency)

Contact: Popov & Partners Law Office (Bulgaria)

On the 2nd of February 2016 the Bulgarian Parliament adopted a whole new Public Procurement Act (PPA), which will come into force on 15.04.2016 (a separate rules will come into force in the coming years) and will introduce the requirements of two new directives on public procurement.

Read more: Bulgarian Parliament adopted entirely new Public Procurement Act

Contact: Boodle Hatfield LLP (London, England)

The Modern Slavery Act 2015 came into force this month. The Act introduces a requirement for organisations to make a statement on the steps that they are taking to ensure that their supply chain and their business itself is free from slavery and trafficking. The requirement applies to all organisations which are carrying on business in the UK, supplying goods or services with an annual turnover (including any subsidiaries' turnover) in excess of £36 million. Such businesses must publish this statement on their website and include a link to it in a prominent place on their homepage. If a company fails to make a statement, the Home Secretary can enforce the obligation by seeking an injunction in the High Court. 

Read more: Modern Slavery Act 2015