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Irish regulation in focus: Culture and individual accountability

Increasingly, there is a focus on culture and individual accountability in regulated firms. This has been heightened by various consumer protection issues which have been investigated including the tracker mortgage examination; high profile enforcement actions and the recent engagement with insurers on business interruption cover during COVID-19. Consistently, the Central Bank of Ireland (“Central Bank”) […]

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DACB seeks to cut time with new onboarding process

DAC Beachcroft is cutting down the time it takes to onboard new clients with a revamped system, as the firm prepares for a more digital environment after the pandemic crisis. The firm is embarking on a pilot to automate the identification and verification steps included in its client acceptance process with the help of a […]

High Court

Ocado granted appeal in court battle with ex-Jones Day partner

Ocado has been granted permission to once again pursue its contempt of court claim against former Jones Day partner Raymond McKeeve. After previously falling short in the High Court before Mr Justice Smith, Mishcon de Reya has successfully overturned the previous decision on behalf of Ocado, with the retailer’s committal application now set to proceed […]

dollars

King & Spalding’s City figures lag behind global growth

King & Spalding has posted double-digit growth in its global revenue, but UK revenue was down by almost 3 per cent in 2020. The firm’s global revenue increased by 14.3 per cent, from $1.3bn to 1.5bn. However, its London revenue dipped 2.7 per cent, from $55.7m to $54.3m. Profit was up by 25 per cent, […]

White & Case

White & Case’s City figures rebound to hit nearly $400m

After reporting an uncharacteristic dip in London revenue for 2019, White & Case’s financials soared in the last financial year to reach nearly $400m. Turnover at the firm’s City office over 2020 was $397m, up 18 per cent from $337m. Global turnover also increased by 9.3 per cent to $2.4bn, while average profit per equity […]

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