Aviation sector update 2018

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Portugal: The Government Procurement Review

Trends and developments that have caught our eye include: a pendulum swing towards deregulation in the United States on the back of President Donald Trump’s drive to reduce regulation; the possible renegotiation of NAFTA, including the incorporation of anti-corruption provisions (Mexico and Canada); a desire to open up procurement to SMEs and use public procurement […]

Portugal: The Financial Technology Law Review

Recent developments, such as AI and the blockchain and its various applications, such as other tokens (e.g., cryptocurrencies and security tokens) have the potential to disrupt the industry, in at least some of its sectors…

Angola: New private investment law

The Angolan National Assembly approved the new private investment regime by means of Law 10/18, of 26 June 2018 (“2018 PIL”). The revamp of the investment rules and regulations is part of the Government efforts to increase both foreign and national investments, de-bureaucratizing procedures and creating fast-track systems. The 2018 PIL drops the following key […]

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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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