Final word on banking conduct remains with FCA and PRA, says Eversheds

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Latest Briefings

Slovenia – Cryptocurrency services to prevent money-laundering

By Anže Skodlar Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful […]

Establishment of innovation scientific and technological centres in Russia and other incentives for participants

By Yana Dianova Since August 10, 2017, the Federal Law of July 29, 2017 No. 216-FZ has been in effect in Russia, providing for the legal basis for establishment and operation of innovation scientific and technological centres in order to implement the priorities of the scientific and technological development of the Russian Federation, increase the investment […]

Russia signs application of special economic measures due to unfriendly actions of Ukraine

By Yana Dianova On 22 October 2018, the President of the Russian Federation signed Decree No. 592 “On the application of special economic measures in connection with the unfriendly actions of Ukraine in relation to citizens and legal entities of the Russian Federation”, according to which the federal government bodies, local authorities, organizations and individuals under […]

Can your workplace deal with sexual harassment allegations?

By Paula Rome Although harassment is firmly front and centre in the media it would appear in a large number of workplaces there has been little practical impact. If we now have a newly empowered workforce who are willing to raise issues and employers are not dealing having to deal with issues then some employers […]

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Leeds United

Former Islamic bank GC arrested in Dubai over Leeds United sale allegations

The former general counsel of Islamic bank Gulf Finance House (GFH) Capital David Haigh has been arrested in Dubai, reportedly in relation to alleged financial irregularities surrounding GFH’s ownership and sale of Leeds United Football Club.  Haigh, who was once managing director of Leeds United, was arrested three days ago. He is understood to have […]

whitehall

Capita cashes in as Treasury Solicitor spends £2.3m on interim lawyers during overhaul

The Treasury Solicitor’s department (TSol) spent £2.3m on outsourcing provider Capita between January and March 2014, figures disclosed to The Lawyer reveal. The Government’s in-house legal arm, which handles around 36,400 disputes a year, spent £872,000 on temporary legal staff with Capita Resourcing in January, a figure that dropped to £858,000 in February and £596,000 […]

Khaitan & Co advises TIPVPL on agreement relating to two power plants

Khaitan & Co has advised TAQA India Power Ventures Private Ltd (TIPVPL), a wholly owned subsidiary of Abu Dhabi National Energy Company PJSC, in relation to the shareholders’ agreement entered into with Indo-Infra (Canada), India Infrastructure Fund II and the Karcham-Wangtoo Project SPV with regard to the 1,091MW Karcham-Wangtoo hydroelectric power plant and the 300MW […]

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The power of working in concert

Our new industry leaders’ viewpoint page (p10 in this issue) is going down a storm among readers, not least because our participants refuse to sit on the fence. First, we had Sir Nigel Knowles saying he thought fracking was a good idea, but that the Foreign Office’s idea to introduce new contract sanctions was dangerous. […]

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Research reveals unprecedented consolidation in the consumer insurance market

Unprecedented consolidation in the consumer insurance market has halved the number of key industry players in the UK200, The Lawyer’s research has revealed. Of 22 of the UK200’s key consumer insurance firms active in 2009 only 14 remained in 2013 – and only 11 today. At the end of the 2012/13 financial year, over half […]

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