Security regard

China’s emergence as a global player as heralded a reinvigoration of the Asian securitisation market. By Michelle Taylor

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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.

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Duane Morris launches in Singapore, with Vietnam next on list

Philadelphia-headquartered Duane Morris has confirmed its intention to open in Vietnam, becoming only the second US firm there. The firm is to launch offices in Hanoi and Ho Chi Minh City by March. It has also formally launched its Singapore office this week, with lateral hires from Baker & McKenzie, DLA Piper, Jones Day, Shearman […]

Camerons ditches all-equity partnership

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ASB acts on hotel site buy for first choice

ASB Law is celebrating its biggest deal to date after advising First Choice Holidays on its £120m takeover of Salford-based hotel booking website LateRooms.com. The firm, led by corporate partners Helen Mead and Matt Newman, advised its longstanding client as it did when the tour operator purchased Travel Class last year. LateRooms, owned by private […]

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