Latest Briefings

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

Wirecard – has the German financial regulator lost its immunity?

The German regulator BaFin is being sued for abuse of authority following one of the biggest fraud scandals of the decade with German payment processor, Wirecard AG, filing for insolvency owing €3.5bn and its chief executive arrested on suspicion of accounting fraud and market manipulation. This article explores the situation and considers the need for change.

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Pension schemes: pension protection fund and contingent assets

The Pension Protection Fund (PPF) has published its Levy Estimate for the 2013/14 levy year. The PPF estimate for 2013-14 is £630m; an increase of 15% from the 2012/13 estimate of £550m. Readers will note that the Levy Estimate, which the PPF states was the main focus of the responses to the consultation exercise, has […]

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Hot 100: Daniel Toledano QC, One Essex Court

“The drama of the court has always attracted me,” says One Essex Court’s Daniel Toledano QC (Scroll down for video interview), who has made the transition from junior to silk look seamless. Called to the bar in 1993, Toledano took silk in 2009 and has never looked back. Now regularly cited as one of the […]

Clydes building
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Clydes begins consultation with 10 support staff

Clyde & Co has become the latest firm to announce a redundancy consultation in 2013, with fewer than 10 support staff jobs at risk. The firm has put a number of support staff, understood to be fewer than 10, into redundancy consultation. Clydes has been reviewing its business services teams since its merger with Barlow […]

Mayor Brown advises on US commercial paper programme

Mayer Brown has announced today that it advised China International Marine Containers (Hong Kong) Limited (CIMC) on the establishment of a $600m US commercial paper programme supported by a letter of credit from Bank of China, New York Branch. The transaction marks one of the first letter of credit-backed US commercial paper programmes by an […]

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