Federal agencies adopt final Volcker Rule and extend conformance period

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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…

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Netherlands: Small and strong

Boutiques bloom as the legal market adapts to a sluggish economy Although the eurozone crisis has in the main swerved the Netherlands, things have taken a turn for the worse recently. The eurozone’s fifth largest economy has had its AAA credit rating slashed to AA+ by Standard & Poor’s on the basis of its poor […]

Autumn Statement 2013 — tax highlights

By Mark Burgess, Simon Gough, Paul Rutherford, David Thompson and Richard Woolich We set out below a summary of key items of interest announced by the chancellor in the UK Autumn Statement. Corporate tax rates: the government remains committed to reducing the main UK corporation tax rate (currently 23 per cent) to 21 per cent from April 2014 and […]

Former HSF partner fulfils E&Y’s Singapore ambition

It’s no secret that the “big four” accounting firms are trying to push into the legal services in the UK. Today, The Lawyer revealed that Ernst & Young is now extending its legal ambition to Singapore, a regional hub and a gateway to South East Asia’s rapidly growing economies. It’s well known that the “big […]

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Wragges votes in favour of LG merger to create Wragge Lawrence Graham & Co

Wragge & Co and Lawrence Graham (LG) are to finally merge after partners voted in the move on Monday, creating a £170m firm under the name Wragge Lawrence Graham & Co.  The two firms started speaking in 2009, when Wragges began drawing up a list of London merger targets as it looked to invest £20m […]

Allen & Overy’s Madrid office hosts Spanish Arbitration Club event

On 13 December 2013, Allen & Overy’s Madrid office will host a meeting of the under-40s group of the Spanish Arbitration Club. Elena Gutierrez, leading counsel of the Madrid Court of Arbitration, will speak on best practices in international arbitration and what not to do. The event has been organised by senior associate Jose Luis Terron and associate Victor Bonnin from Allen & Overy’s global […]

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