Latest Briefings

Dishonesty: A change of approach

On 29th April 2020, following the decision in the case of R v Barton and Booth [2020] EWCA Crim 575, the Court of Appeal identified that the two-limb test for dishonesty as identified in the case Ghosh, is no longer the approach to be taken.

Cybersecurity requirements for licensees

Entities regulated under the Insurance Law will need to implement cybersecurity measures in proportion to their cyber risk profile by 27 November 2020 following the release of the Rule and Statement of Guidance on Cybersecurity for Regulated Entities by the Cayman Islands Monetary Authority on 27 May 2020.

Wirecard – has the German financial regulator lost its immunity?

The German regulator BaFin is being sued for abuse of authority following one of the biggest fraud scandals of the decade with German payment processor, Wirecard AG, filing for insolvency owing €3.5bn and its chief executive arrested on suspicion of accounting fraud and market manipulation. This article explores the situation and considers the need for change.

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Abu Dhabi exodus: Simmons is latest firm to close

Simmons & Simmons has become the latest law firm to close its Abu Dhabi office following a “detailed review” of its work in the region. The firm will continue to work for its clients from a “consolidated and enhanced offering in Dubai”, its largest office in the UAE, read a statement. The statement continued: “Ultimately, the […]

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Freshfields’ profits to highest-paid partner jumps to £3.2m as salaries drop

Freshfields Bruckhaus Deringer’s highest-paid partner received £3.2m last year, up 68 per cent from £1.9m in 2013/14, LLP accounts revealed. In a note to the accounts the firm said that the amount included profit and remuneration and payments in relation to the partner’s retirement from the firm. At the same time the firm’s salary costs […]

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