Drugs and driving – a cocktail to be avoided

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Latest Briefings

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

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Washington DC

NSA general counsel steps down to rejoin Mayer Brown’s Washington DC office

Mayer Brown has hired US National Security Agency (NSA) general counsel Rajesh De to lead its privacy and security practice from Washington DC. De is set to rejoin the firm after a six-year absence to lead Mayer Brown’s global practice focused on regulatory, government and global trade, intellectual property, litigation, financial services regulation and enforcement, […]

Singapore’s Stamford Law merges with US outfit Morgan Lewis

Anyone who thought FLAs, JLVs or QFLPs were the only way for foreign firms to enter Singapore’s legal profession needs to think again. As proved by America’s Morgan Lewis & Bockius, which has just announced that it will merge with Singapore’s Stamford Law Corporation on 1 April (16 March 2015), there is another way. Although […]

Khaitan advises Nippon Life Insurance on acquisition of stake

Khaitan & Co has advised Nippon Life Insurance Company (NLI) in relation to its acquisition of an additional nine per cent stake in Reliance Capital Asset Management Ltd (RCAM) from Reliance Capital Ltd. The acquisition was for $108m approximately in the first tranche to increase its aggregate holding in RCAM to 35 per cent with an option for NLI to purchase an […]

Barclays’ revolving doors bring another US GC to the fold

It’s all change in Barclays’ in-house team, as the company has appointed a new US general counsel after the departure of Carlos Pelayo. Investment banking advisory service Dominick & Dominick’s general counsel Kevin McKay is taking on the role and starting work next Monday. But he isn’t the only new face in the bank’s in-house […]

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