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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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Paul Gilbert blasts Law Soc democracy

Head of legal at Cheltenham & Gloucester building society, Paul Gilbert, has blasted the Law Society council for scrapping an in-house solicitor council seat – without even allowing the ditched member to speak. The council’s decision to replace local government member, Pauline McBride with a newly-qualified solicitor – a dramatic U-turn on its previous resolution […]

Browne-Wilkinson slams City lawyers

Lord Browne-Wilkinson, the country’s senior Law Lord, is blaming City solicitors doing pro bono work for clogging up the highest court in the land. In his first interview since becoming senior Law Lord, Browne-Wilkinson complains to The Lawyer that one-quarter of the Law Lords’ workload is taken up by hearing appeals on Caribbean criminal cases. […]

It's been a good week for…

Pornography. Porn King Larry Flynt (above) is coming to a court near you. The US supremo of free speech, is being tried along with his brother on obscenity charges which could mean spending 24 years in prison. However, the real-life star of Hollywood film The People v Larry Flynt contends that attitudes have changed and […]

Playwright stalks Theodores

Playwright Terence Frisby steps up his “campaign of torment” against Theodore Goddard this morning, when leaflets offering secretly delivered, discounted copies of his book Outrageous Fortune will be handed out to staff as they arrive at work. Frisby, the author of hit play There’s a Girl in my Soup, published the book last year, which […]

1

Royal Bank of Scotland Group

It is a strange but exhilarating time to be working at the Royal Bank of Scotland due to various merger rumours involving Barclays Bank. But whether the Royal Bank of Scotland’s chief executive Sir George Mathewson will put his money where his mouth is remains to be seen. However, the Royal Bank of Scotland’s results […]

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