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The regulation applies caps on the interchange fees charged by cardholders’ banks to merchants’ banks every time a consumer makes a card-based purchase.
In the e-commerce sector it is believed that companies who engage in selling via the internet may be employing methods to restrict online trade.
Financial Ombudsman Service publishes annual review; Wonga aims for reinvention in new payday lending ads; Woolsey v Payne; and more.
The UK Visas and Immigration (UKVI) has made a number of updates to its guidance for employers for conducting right to work checks. This briefing provides a summary of the updates.
Retailers have some key decisions to make if they want to take advantage of technological advances in payments.
Citigroup is to sell its £32bn stake in Yorkshire Water. Who next?
After judgment multiple and ongoing requests for information should be expected.
A consultation document on the court’s proposed fee structure has been published.
Retail finance roundup – May 2015: UK credit card transactions hit new record; misleading advertising; and more
Also: asset finance expands; EU calls for better banking models; and more.
Eversheds looks at the interesting question of the role that adjudication can, should and does play in the energy sector; as well as some of the key issues and pitfalls to be wary of.
It is typical to see residential occupiers enter into standard form building contracts which expressly include for the right to refer disputes to adjudication.
Eversheds has summarised the key Conservative policies which could impact the construction industry.
A recent case has provided a reminder of the circumstances in which a court will and will not interfere with the calling of an on-demand retention bond.
In a small percentage of cases, a judge might be minded to revise a decision after it has been delivered. A recent decision gives further guidance.
Case supports the view that a claim for breach of statutory duty is possible in relation to a contract award by a public body beyond the scope of the procurement regulations.
Tools that can be used to: minimise the risk of disputes; formulate and respond to claims; and resolve disputes.
Information on PSR directions starting on 30 April 2015, the UK Cards Association launches 2015 manifesto, the Payment Services (Amendment) Regulations 2015, and the stability of payment systems.
A case of communication with the adjudicator before the adjudication commences, thought to be the first time the court has overturned a decision on this basis, and more.
Also: proposals on the movement of capital and freedom of payments.
The new tax-free allowance for interest distributions will change the savings landscape, and other developments.