Job Watch: Banking & finance

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Latest Briefings

An NHS Trust v JP [2019]

Written by Michael Mylonas QC Williams J approves plan for covert sedation and C-section of incapacitous 25 year old The best laid plans … In NHS Trust v JP [2019] EWCOP 23[1], in a decision which emphasises the importance of an overall evaluation of best interests rather than placing undue focus on any one of several […]

Manage DSAR Challenges through Workflow Optimisation and Automation

When the General Data Protection Regulation (GDPR) went into effect on 25 May 2018, it eliminated the cost barrier for an individual to submit a Data Subject Access Request (DSAR), potentially increasing the burden on organisations required to provide the results, and all in a tighter timeline. This has created a challenge for many organisations […]

Bulgaria introduces more detailed rules for provision of remote and online payment services

By Svilen Issaev, Denitsa Kuzeva The Bulgarian National Bank (the “BNB”) has recently adopted amendments to its Ordinance No 3 on the Terms for the Opening of Payment Accounts, Execution of Payment Transactions and Use of Payment Instruments (the “Ordinance”). The new amendments bring the Ordinance in line with the provisions of Commission Delegated Regulation (EU) 2018/389[1] (the […]

Bermuda Public Companies Update – July 2019

In the latest edition of our Bermuda Public Companies Update we recap significant transactions involving Bermuda public companies over the period H1 2019. Global market update The first half of 2019 saw a notable slow-down in global market activity from the same period last year. Capital raised in the global IPO market fell by 37%, with volume down 34% on […]

Reflecting on Reflective Loss

By Nigel K. Meeson Primeo Fund (In Official Liquidation) and Bank of Bermuda (Cayman) Limited, HSBC Securities Services (Luxembourg) SA (Cayman Islands Court of Appeal 13 June 2019) The common law principle of reflective loss has been judicially described as a “perplexing and developing area”. The most recent decision of the Court of Appeal in […]

Recommended

The Draft Consumer Rights Bill — enhanced rights for consumers

The government has published its Draft Consumer Rights Bill, through which it proposes a significant overhaul of UK consumer protection legislation. The bill will undergo a period of consultation before Parliament, allowing interested parties to comment and scrutinise the proposals. When passed into law, the substance of the bill will have the effect of enhancing […]

Byron Jacobson Lotus Fact Federation against Copyright Theft

Copyright theft fighter FACT installs Lotus IP lawyer as first GC

The Federation Against Copyright Theft (Fact) has taken on Group Lotus in-house lawyer Byron Jacobson as its first permanent general counsel. Jacobson, who was an IP lawyer at the car maker, joined Fact on 1 May to run its legal function, which previously relied on external advisers such as Wiggin, Russell-Cooke and Belfast’s Edwards & […]

Ince & Co turnover inches up to £93.2m

Ince & Co has posted a 1.7 per cent increase in its 2012/13 turnover from £91.6m to £93.2m. The firm’s revenue growth has slowed compared to 2011/12, which saw its turnover increase by six per cent to £91.6m from £86.2m in 2010/11. Ince & Co saw minimal changes in its lawyer and partner head counts […]

Court
1

SFO Tchenguiz legal fees rise as disclosure exercise delays trial

The SFO is on course to rack up legal fees well in excess of £1.2m on a monumental disclosure exercise in the defence of a £200m damages claim brought by businessmen brothers Vincent and Robert Tchenguiz. A month ago court documents revealed that the disclosure exercise had cost £118,000 (11 June 2013). However this figure […]

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