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Latest Briefings

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.

Recommended

German strategy changes

While some foreign firms have failed in Germany, a change in tactics has seen others succeed, writes Patrick Stewart. Patrick Stewart is a freelance journalist. That Germany is an attractive destination for aspiring international law firms is undeniable. At least three UK-based firms Lovell White Durrant, Eversheds and Dibb Lupton Alsop are looking to set […]

In brief: Irvine examining daily fee plan for litigants

The Lord Chancellor, Lord Irvine has revisited the idea of charging litigants a daily fee during court cases in order to discourage them from stringing out cases. The proposal, first raised by Lord Irvine’s predecessor, Lord Mackay, is contained in a “discussion paper” on court fees issued by the Lord Chancellor’s Department last Friday.

Summers slams Bar Council disbar rules

A former barrister is threatening judicial review of a proposed Bar Council rule that will effectively disbar barristers who re-qualify as solicitors. Under the proposals, due to go before the Bar Council in March, barristers who become solicitors will be suspended for as long as they hold a solicitor’s practising certificate. But former barrister Gary […]

Lawyers “silent' over money laundering

Not enough lawyers are reporting suspicions of money laundering by clients, according to the Financial Action Task Force on Money Laundering (FATF). The OECD-backed agency, in its first report since it was set up last year, called for lawyers to be better trained to recognise suspicious transactions. The UK imposes obligations on lawyers to report […]

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