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Eversheds’ retail finance briefing is designed to keep you up to date with the latest legal, regulatory and industry developments affecting the retail finance industry.
Stress on individual accountability and firms’ collective responsibility to avoid recurrence of “ethical drift”.
The label ‘Made in Germany’, generally associated with high quality, has so far been an optional statement. This is now set to change.
Business standards and unfair contract terms guide among areas affected.
If brokers want to shift the focus from ‘temporary employment services’ to ’functional outsourcing’ they should take advice...
A recent case before the EAT has now considered this issue and found that TUPE can apply to a transferor and a sub-contractor.
The protection of trade secrets has been on the European legislator’s agenda since 2011. It was felt that the lack of harmonisation in this field is very disadvantageous for cross-border innovation in Europe.
Retail finance round-up – June 2015: FOS consults on amendments DISP, BoE publishes statistical release; and more
Legal, regulatory and industry news for the retail finance sector.
Improvements are needed in due diligence and management...
By March 2016 new regulations will be in place that will require larger employers in the private and third sector to publish details of their gender pay gap.
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.
Retailers have some key decisions to make if they want to take advantage of technological advances in payments.
Patentees would avoid the need for a translation of the full specification into Italian.
After judgment multiple and ongoing requests for information should be expected.
Mercedes-Benz fined $57m for price-fixing.
Anti-money laundering measure means reporting more to the state.
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.
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.