Sponsored Q&A: Pellerano Nadal

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Sponsored Q&A: Pellerano Nadal

1. What are the primary laws and regulations governing the energy sector in the Dominican Republic?

The General Electricity Law No. 125-01, dated 26 July 2001, as amended (the Electricity Law), regulates all stages of production, transmission, distribution and commercialisation of electricity, as well as the functions of the competent government agencies that oversee the energy sector. These agencies are essentially the National Energy Commission (CNE), responsible for national energy policy development and the Superintendence of Electricity (SIE), as the regulatory/supervisory body. In 2007, the Renewable Energy Incentives Law No. 57-07 (Law 57-07) was enacted to provide a number of incentives to businesses developing renewable energy technologies. Continue reading “Sponsored Q&A: Pellerano Nadal”

Sponsored Q&A: Kesikli Law Firm

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Sponsored Q&A: Kesikli Law Firm

1. Can you describe your journey into specialising as an energy lawyer in Turkey? What attracted you to the energy sector, and how have your interests and career evolved in response to Turkey’s energy landscape?

My specialisation as an energy lawyer in Turkey began while working as an in-house counsel for companies involved in energy project development and investment activities within the sector. This role immersed me in the complexities of the Turkish energy landscape and the realities of investing in energy businesses across different jurisdictions. This coincided with a burgeoning market in Turkey, providing me with a unique opportunity to witness and contribute to the sector’s rapid evolution, navigating through the nascent and evolving energy market laws of Turkey.

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Sponsored Q&A: Cyril Amarchand Mangaldas

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Sponsored Q&A: Cyril Amarchand Mangaldas

1. How does estate planning differ in India compared to other countries, especially in light of unique family structures and property laws?

Indian inheritance related laws are diverse and vary on a number of factors, such as the nature of the assets (movable or immovable), their location, and the personal law of an individual, which in turn is largely based on their religion. For instance, probate of a will is required only for individuals following a particular religion and if the immovable property is situated in a presidency town in India. Hindu succession law is also vastly different from Muslim or Christian succession law. Continue reading “Sponsored Q&A: Cyril Amarchand Mangaldas”

Private Client Yearbook 2024: Foreword – Hunters Law

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Private Client Yearbook 2024: Foreword – Hunters Law

What does digital transformation mean for private client services?

Cryptocurrencies promised a revolution. Their decentralised infrastructure was thought to be the future of finance – and by late 2021, they were worth $3trn. Then those values came crashing down. Now the king of crypto, Sam Bankman-Fried, has been found guilty of one of the biggest financial frauds of all time. Continue reading “Private Client Yearbook 2024: Foreword – Hunters Law”

Lead partner: 2024 will be a year of change in the UK. The question is, how much?

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Lead partner: 2024 will be a year of change in the UK. The question is, how much?

Do you have a crystal ball? If you do, then perhaps you can share the outcome of the UK election in 2024. Which election pledges are going to have most impact on private wealth professionals and their clients? Or perhaps you’re reading this in May or November, know who has won and are busy planning around any changes.

At the time of going to press, when it comes to wealth and taxation, there are known knowns, known unknowns, and unknown unknowns, to paraphrase former US Defence Secretary Donald Rumsfeld.
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Sponsored thought leadership: Benefits of the Austrian Private Foundation

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Sponsored thought leadership: Benefits of the Austrian Private Foundation

The Austrian Private Foundation (PF) is a viable option to protect and preserve assets over generations, as well as to prevent the distribution of assets in the event of succession.

Establishing an Austrian PF enables the founder to align his/her assets with the founder’s wishes but separating the assets from the founder’s future fate. Due to the relative freedom of organisation under the Austrian Private Foundation Act (APFA), the Austrian PF and its structure can be adapted to the individual needs of the founder.

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Tech outlook in Cyprus in 2024

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Tech outlook in Cyprus in 2024

In recent years, Cyprus has cultivated a thriving tech eco-system, positioning itself as a strong innovator, with a commitment to driving competitiveness and strategic service delivery. The country’s ICT sector is said to have contributed €3bn+ to the Cypriot economy in 2022, constituting 13% of the country’s GDP—a substantial leap from 7% in 2019 and 8.5% in 2020. Notably, €1bn is reportedly attributed to the influx of international firms and specialised human talent to Cyprus, a trend accelerated by the conflict in Ukraine.

In 2023, we observed Cyprus make remarkable progress in the technology sector. Fuelling this growth was the emergence of tech start-ups and digital enterprises, supported by government initiatives and organisations like TechIsland, Cyprus’ largest tech association, designed to attract high-calibre tech corporations worldwide. With over 270 member companies, TechIsland aims to enhance the tech industry’s operating environment, unite diverse stakeholders, and promote sustainable growth, contributing significantly to the country’s economic prosperity through tech.
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Q&A: Kristóf Ferenczi, firm managing partner, discusses the future of Kinstellar

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Q&A: Kristóf Ferenczi, firm managing partner, discusses the future of Kinstellar

Can you share your journey in the legal field leading up to your current role as managing partner?

I started my legal career more than two decades ago as a trainee at the then-established Budapest office of Linklaters, and during my early years I was also seconded to the firm’s London office. My early professional years also included time at a CEE-based independent firm and DLA Piper’s Budapest office before returning to Linklaters. In 2008, as a result of Linklaters’ withdrawal from the CEE region, partners from the affected offices laid the foundation for a new firm, leading to the creation of Kinstellar in November 2008. I became a partner in 2009, and head of the firm-wide energy service line. I was appointed managing partner of the Budapest office in 2020 and became Kinstellar’s firm managing partner as of January 2024.

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