COMPARING OFFSHORE TRUST JURISDICTIONS (GUERNSEY, JERSEY, IOM)

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Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

Recommended

Ombudsman dresses down LAB

DEFECTIVE communication, mishandled correspondence and a complacent attitude to complaints are all highlighted in an ombudsman’s report on the Legal Aid Board. The Parliamentary Ombudsman William Reid has given the LAB a severe telling-off in his annual report. Last year 53 complaints about the LAB were referred to him by MPs, just one less than […]

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Sussex barrister made bankrupt

A SUSSEX barrister has been made bankrupt by the High Court. But John Mannion is continuing to practise as a barrister at Westgate Chambers in Lewes, East Sussex, where he is a tenant. Under the Bar Council’s code of conduct no automatic practise ban is imposed on barristers who have been declared bankrupt. Mannion’s bankruptcy […]

Financings

English & Overseas Investments was advised by McKenna & Co when refinancing a portfolio of properties with a u13.5m facility in favour of DepFa Bank

DAP builds team of IT specialists

Specialist IT consultant Andrew Levison is joining legal management consultants the David Andrews Partnership (DAP), which recently merged with Grant Thornton. Levison, who joins from BDO Stoy Hayward, will be the lead consultant responsible for IT within DAP. The aim is to build up a team of specialists, with two based in London and one […]

Law Society sets deadline over franchise fight with Lord Mackay

THE LAW Society plans a swift response to the Lord Chancellor’s new two-tier legal aid policy to allow firms time to apply for franchises if the society concedes defeat over the issue. A crucial decision on the Law Society’s tactics in next year’s legal aid pay round with the Lord Chancellor’s Department is likely to […]

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