Identifying objectives

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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.

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Merchant banks entice City high fliers into their fold

Two top flight City lawyers are leaving their law firms to join merchant banks. Tim Freshman, corporate partner at Slaughter and May, is moving to Jardine Flemming in Hong Kong. Mark Harding is leaving Clifford Chance to join UBS, the Swiss banking giant which took over UK broker Phillips & Drew in 1985. Freshman, 51, […]

A challenge to Mears

Martin Mears’ remarks in his article in last week’s The Lawyer, to the effect that one of the working parties set up under his initiative is “achieving nothing at all”, cannot go unchallenged. This appears to be a reference to the working party on entry to the profession which the president invited me to join. […]

Classic styles or casual dress

The concept of ‘Dress down Fridays’ was imported into the UK by US corporations. The policy allowed employees to dress in more casual clothing, such as open-necked shirts and casual trousers, in the run-up to the weekend. City law firm DJ Freeman has issued guidelines on dress which include a ruling that male employees should […]

CBA seminar focuses on 'privacy and the Press'

MEDIA intrusion into privacy came under scrutiny at a Chancery Bar Association seminar which tackled confidentiality and the Press. Peter Preston, editor-in-chief of The Guardian and The Observer newspapers, was a special guest at the debate on ‘Confidentiality, privacy and the Press’, which was held at Lincoln’s Inn’s Old Hall last Tuesday. The debate was […]

Doubts on mortgage revival

Figures claiming to show a resurgence in mortgage lending have been met with caution by conveyancing lawyers. The figures, released by the Building Society’s Association last week, reveal an upturn in the total value of mortgage loans advanced by building soc- ieties in March this year. Gross advances were £3,242 million, compared to £2,531 million […]

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