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.



Ashurst London support staff base to shrink by 120 roles

Ashurst’s collective redundancy consultation has come to an end, with the firm due to cut just over 120 support staff jobs from its City base. The consultation kicked off in June, when the firm announced it was to transfer a large proportion of its London-based support staff to its new low-cost office in Glasgow (12 […]

Lloyds Bank

Linklaters replaces Freshfields as PPI adviser to Lloyds Banking Group

Linklaters is understood to have taken over Freshfields Bruckhaus Deringer’s role as the regulatory adviser to Lloyds Banking Group (LBG) concerning payment protection insurance (PPI) mis-selling, one of the biggest scandals to ever hit retail financial services. It is a major project win for Linklaters as the first significant assignment for the retail bank. The […]

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Exclusive: Mayer Brown’s City growth spurt continues with banking boost from BLP, A&O

Mayer Brown has ramped up its London partnership in the last two weeks with the hire of four lateral partners, with Berwin Leighton Paisner (BLP) banking and finance partner Richard Todd the latest to join the firm. Todd, a former director at Lloyds Banking Group (LBG) and an ex-Mayer Brown securitisation lawyer, will join the […]

bt tower london

BT launches LPO review in wake of law firm network revamp

Telecoms giant BT has launched a review of its legal process outsourcing (LPO) provision, The Lawyer can reveal. Group general counsel Dan Fitz said the LPO review kickstarted about three months ago. BT currently works with US-headquartered LPO provider United Lex, outsourcing about 30 per cent of its UK commercial work to the company. Fitz […]

Can reverse payments in patent settlements constitute criminal cartel conduct?

It is a well-established and universally accepted principle of competition law that a payment by one competitor to another competitor not to enter a market is anticompetitive, and in Australia since 2010 a criminal offence. In the US over the past decade, drug companies, the Federal Trade Commission (FTC) and class action applicants have battled […]

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