A round-up of recent enforcement actions and investigations in the financial services sector. This month in summary: FCA publishes Decision Notice against Corrado Abbattista for market manipulation ICO fines company £130,000 for unauthorised pensions cold calls FCA publicly censures former Worldspreads CEO for market misconduct FCA scraps half its criminal probes into money-laundering breaches FCA publishes Decision Notice against Corrado Abbattista for market manipulation.
The Covid-19 pandemic will undoubtedly trigger an increase in the use of flexible and agile working. HR teams must quickly grapple with the risks and act accordingly.
Unconscious bias is a growing legal issue for employers. It’s widely regarded as a barrier to equality, diversity and inclusion, and employment tribunals are looking more closely at motivation and bias in discrimination and harassment cases.
Suppliers can no longer rely on contractual terms entitling them to terminate a contract on the grounds of a corporate customer’s insolvency (ipso facto clauses) in most cases. This prohibition was introduced by the Corporate Insolvency and Governance Act which came into force on 26 June 2020 (the Act). This briefing looks at the changes suppliers may need to make to their contracts, as well as to their credit and enforcement strategies, in light of this prohibition.
Following the implementation of the General Data Protection Regulation (GDPR) in 2018, there has been a huge increase in the number of data subject access requests made to banks and other firms.
The COVID-19 pandemic has disrupted all facets of life as we know it, forcing immediate recalibrations of how we work and live. Today, industries across the globe are considering the future of work in a pandemic era, making difficult decisions with the best information on hand, against various unknowns. They know that reopening and perhaps even redefining the workplace means successfully working through incredible uncertainty.
With any security policy now and in the future, leaders need to remember the fundamentals of what they are trying to achieve. Everyone wants their business to do well and be successful, and that means protecting data, while keeping business critical systems up and running efficiently. Already today, we’re putting a focus on security – and have seen new compliance laws in relation to that. Requiring compliance with regulation is just one way of trying to force the market to adopt minimum acceptable standards. But this is just that – the minimum – and every business leader needs to aim higher than that level.
As we reach the end of September and the focus turns to the third COVID quarter date, real estate finance partners Debra Cooper and Mehar Patel look at how the month has passed from new term optimism to increased restrictions and a need to focus on resilience and relationships.
Sandra Pedro Serrano (Head of VdA Academia) writes an article for the publication Link to Leaders about the digital transformation that the training area has undergone as part of the obligation underlying the social distance, brought by the pandemic.
Accurate and comprehensive case research is a challenge shared across the legal profession. As printed law reports have given way to digital resources and ever more information is available online, how have the dynamics of common law research evolved, and how do practitioners approach this crucial work in the information age?
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Two Linklaters partners in London and Moscow have left the firm to launch a specialist finance boutique. London partner Mirthe Van Kesteren and Moscow partner Michael Bott are debuting a finance boutique named Bott Van Kesteren. Van Kesteren was until recently a senior partner in the firm’s global loans team in London and led its […]
Bryan Cave Leighton Paisner (BCLP) is embarking on a project to devise a set of new working arrangements for the merged firm. The firm is looking at defining a new working model for its lawyers and staff that will blend office presence with the expanded role of remote working. The changes are being explored and […]
Morgan Lewis & Bockius has made up two lawyers to partner in London, the only promotions being made by the firm outside the US. Jayne McGlynn joins the City’s corporate group having joined in 2012 from collapsed firm Dewey & LeBoeuf. She started out her career at Slaughter and May, Neil McKnight meanwhile has been […]
Kennedys is set to open its 40th office agreeing to take on all the staff at Israeli firm Zelichov Ben-Dan & Co. The firm will be joined by all partners and staff at the firm, who are based in Tel Aviv and are one of the top insurance firms in the country. Zelichov and Kennedys […]
Goodwin is continuing its lateral hiring streak with the addition of a real estate partner from Kirkland & Ellis. Partner Richard Semple is joining the US rival’s real estate practice as a partner in the City office. His hire comes little under a year of that of Carl Bradshaw, who also joined from Kirkland. Semple […]
Covington & Burling has kickstarted US promotions season, with one lawyer being given the nod in the firm’s London office. All but two of the promotions are in the US, with the other new European member based in Brussels. The firm has added partners across New York, Palo Alto and Washington DC. Jane Pinho made […]