Simmons partner fills MCI legal counsel role

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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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Silk pay kept low on Saville Inquiry

Counsel to the Saville Inquiry Christopher Clarke QC has earned £3.7m for six years’ full-time work, much less than the former doyen of the commercial bar could have made from sticking to heavyweight City cases. Clarke, head of Brick Court Chambers, is still the biggest individual earner on the Bloody Sunday Inquiry, close-ly followed by […]

Management cuts back in Eversheds network rejig

Eversheds will unveil its trimmed management structure on 1 May, when the final part of its rejigged regional network is put into place. The national firm’s consolidation of its East of England and London practices into one administrative centre will see current East Anglia managing partner Ian Shann return to full-time fee earning and Michael […]

Stikeman ousted from CSFB case

Stikeman Elliot was last week barred from defending Credit Suisse First Boston (CSFB) against accusations of violating trading rules because of a conflict of interest. Market Regulation Serv-ices (RS) asked a regulatory panel to remove Stikeman as it had previously advised the Toronto Stock Exchange (TSE) on the creation of RS. The hearing concerned allegations […]

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