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Latest Briefings

Walker Morris team explores opportunities in new entry-level exception sites and starters homes

By Richard Sagar, Karl Anders, Graham Whiteford, Josh Kitson Introduction This briefing note, prepared by the Walker Morris Planning Environment Team, explores the opportunities presented in the new National Planning Policy Framework (“NPPF2“). Specifically, the opportunities to obtain planning permission for new entry-level exception sites consisting of affordable housing for first-time buyers on previously unallocated […]

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

Recommended

Offshore: Channel Islands

On 1 July the EU directive on the taxation of savings income will come into force. It will also become effective in the Channel Islands via agreements with individual countries within the EU. The directive allows three member states to adopt withholding tax for a transitional period, while the other 22 member states will adopt […]

3

Bristol Uni kicks off Innocence Project to balance Govt stance

“It’s perhaps the biggest miscarriage of justice in today’s system when the guilty walk away unpunished,” said the Prime Minister Tony Blair in June 2002. Dr Michael Naughton, of the School of Law at the University of Bristol, is reminded of that comment as he describes the reasons for setting up the Bristol Innocence Project. […]

FFW hikes profit by a fifth after policy shift

Field Fisher Waterhouse (FFW) has boosted its profit by a massive 19 per cent, from £325,000 last year to £390,000, following a comprehensive strategy overhaul. The firm has smashed its budget: top of equity has soared past the £600,000 barrier, which is more than £100,000 up on projections. “This is genuine growth and isn’t a […]

Simmons boosts Italy with A&O raid

Simmons & Simmons is continuing to resurrect its Italian operation with the hire of Allen & Overy (A&O) partner Andrea Cristaudi. Cristaudi specialises in corporate finance, capital markets transactions and financial services regulation. He has advised a range of Italian and foreign banks, including Banca IMI, Banca Intesa, MCC and Société Générale, on corporate transactional work, […]

Letter

Your article ‘OFT forced to pay costs on Pernod’s Bacardi row’ (9 May) contained errors, including: The Office of Fair Trading (OFT) was not ordered to pay the bulk or 75 per cent of Pernod’s costs. Only on the issue of admissibility was the order for 75 per cent. In total the OFT was only […]

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