Kennedys to merge with Gates and Partners this weekend

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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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Financial transaction tax: sending shock waves through global financial services

If it is implemented as proposed, the financial transaction tax (FTT) is likely to cause distortion to the financial sector, both within the EU and outside, and will almost certainly change the way we do business. As a result, some activities may relocate out of the affected area. Some product lines might be pulled altogether […]

malta

Malta: An island apart

Malta does not want to be tarred with the same brush as Cyprus and is defending its credentials as an international business centre It is an island in the Mediterranean and a member of the EU known for attracting foreign investment and corporate structures, but Malta, as its lawyers, businessmen and politicians are at pains […]

Health Alert — 27 May 2013

DLA Piper has released its Health Alert for 27 May 2013. It includes details on recent judgments, legislation and reports. If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.

Luxembourg newsflash: combating money laundering/terrorism financing

Financial institutions acting on the basis of the freedom to provide services (FPS) may be obliged to co-operate with the financial intelligence unit of the host member state according to the Court of Justice of the European Union (CJEU). In a recent judgment (Case C-212/11 Jyske Bank Gibraltar Ltd), the CJEU ruled that EU law […]

Taylor Wessing hedges… and wins

‘Breadth’, ‘depth’, ‘internationality’, even the wonderful ‘countercyclicality’. Every firm wants them, but who has them all? Enter Taylor Wessing, that frequent provider of comforting financial results. Yet again it has pulled off its standard solid revenue increase, this time 7 per cent to £228m for its global network. For those of you wondering – and […]

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