Ireland: Pensions report on use of capital add-­ons under Solvency II

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Glasgow Rangers Football Club enters legal battle with Sports Direct

By Stephen Keogh Just weeks before the new Scottish football season commences, Glasgow Rangers Football Club (“Rangers”) finds itself prevented by Mike Ashley’s Sports Direct Group from selling new replica football jerseys. This is not the first time the parties have fallen out over merchandising rights…

Asset management and investment update

Each month our Asset Management & Investment Funds team write a ‘Legal & Regulatory Update’. Welcome to the July issue. The topics covered in this months edition include: AIFM fined €443,000 by the Central Bank as a result of regulatory breaches of Client Assets, AML/CFT and Fitness & Probity Rules Corporate Governance Code for Investment […]

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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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InspiraLaw, recognises outstanding women in the legal field (in-house and private practice lawyers). Magda Cocco, Telecoms, Media & IT’s practice partner, and Paula Gomes Freire, Banking & Finance practice partner, were named in the top 50 women excelling in their career as voted by more than 500 of their peers in Portugal and Spain. This new initiative […]

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