R&D intensive industries: the new Merger Control challenge in the EU

In the wake of a European Commission (EC) decision taken in March this year, an entirely new aspect of competition law analysis could be on the horizon. When a transaction is notified for approval to a competition authority, the impact of the deal on the key elements of competition – such as price, the level … More R&D intensive industries: the new Merger Control challenge in the EU

EU General Data Protection Regulation: are you ready?

What you need to know about the new EU General Data Protection Regulation Data protection has entered a period of unprecedented change. This has been driven by: An increasing number of high-profile data breaches reported in the media that have led consumers and regulators to be concerned about how personal data is managed The demise … More EU General Data Protection Regulation: are you ready?

Women in law: how can we challenge the gender status quo this International Women’s Day?

  By Cornelius Grossmann – EY Global Law Leader   More women are entering the legal profession than men in the UK, yet so few are represented at the partner level. Astonishingly, according to the Law Society’s most recent annual statistics report, women currently make up around 57% of all trainee lawyers and associates, yet … More Women in law: how can we challenge the gender status quo this International Women’s Day?

Looking back on 2016: EY Law delivers fifth consecutive year of double-digit growth

As 2016 draws to a close, it is timely to reflect on EY’s announcement of combined global revenues of US$29.6b for its financial year ended 30 June 2016. Overall, financial year (FY) 2016 revenue grew by 9% in local currency. Opportunities emerging from disruptive technologies helped deliver the fifth consecutive year of double-digit growth for … More Looking back on 2016: EY Law delivers fifth consecutive year of double-digit growth

Countries continue to legislate in response to the OECD’s BEPS

EY’s “Latest on BEPS” covers the most recent legislative responses to the OECD’s BEPS project across the globe: Austria On 1 August 2016, the European Union (EU) Tax Amendment Act 2016, including among other provisions, the new Austrian Transfer Pricing Documentation Law (TPDL) was authenticated by the Federal President and published in the Federal Law … More Countries continue to legislate in response to the OECD’s BEPS

Navigating Brexit: Tax and legal implications for life sciences

The historic decision by the voters of the UK to leave the EU marks a significant change for the UK and EU and will impact other trading partners such as the US. However, all EU directives and regulations, as well as the treaties themselves, remain in force in respect of the UK until it formally … More Navigating Brexit: Tax and legal implications for life sciences

The UK votes to leave the EU: initial legal observations

The potential legal issues raised by the departure of the UK from the European Union (EU) are unprecedented. However, one thing is clear – until the exit, in terms of the content and stability of UK law, nothing will change. The UK remains bound by its EU Treaty obligations and directly applicable EU law will … More The UK votes to leave the EU: initial legal observations

Internet of Things: the possibilities and legal risk in media & entertainment

The Internet of Things (IoT) describes the connection of devices — any devices — to the Internet using embedded, software and sensors to communicate, collect and exchange data with one another. With IoT, the world is wide open, offering a virtually endless array of opportunities and connections at home, at work or at play. However, … More Internet of Things: the possibilities and legal risk in media & entertainment

Delayed but not derailed: global IPO market looks ahead to 2017

Amid ongoing economic and political uncertainty, the global IPO market will continue to be a stop-start affair in 2016. However, greater clarity regarding the economic and political landscape will emerge by the end of the year, allowing companies to reinvigorate their IPO strategies, while the recent growth in the availability of private capital will continue … More Delayed but not derailed: global IPO market looks ahead to 2017

Legal disruption in a blockchain-enabled world

While the internet is a world-changing medium for information exchange, blockchain is the first native digital medium for peer-to-peer value exchange. EY’s analysis of blockchain suggests it may have the most impactful potential of the entire portfolio of disruptive technologies that are now emerging. But it also has the most obstacles to success, ranging from … More Legal disruption in a blockchain-enabled world