‘Foreign companies need to have a substantial presence in the UK, including adequate human and technical resources, for their branch to qualify as a “fixed establishment”, a necessary condition for being treated as a member of a value added tax (VAT) group in the UK, a recent ruling has confirmed.’
OUT-LAW.com, 6th September 2024
Source: www.pinsentmasons.com
‘Fatima Jama explores the FCA’s new regulatory regime requiring banks and building societies designated by the Government to assess and fill gaps, or potential gaps, in cash access provision that significantly impact consumers and businesses.’
Mountford Chambers, 5th August 2024
Source: www.mountfordchambers.com
‘The official payment watchdog has considerably scaled back proposed rules designed to force banks and payment companies to refund fraud victims.’
BBC News, 4th September 2024
Source: www.bbc.co.uk
‘The sentencing of seven people involved in a money laundering network via Chinese underground banking is a valuable reminder to solicitors of its risks, the Solicitors Regulation Authority (SRA) has said.’
Legal Futures, 30th August 2024
Source: www.legalfutures.co.uk
‘Two recent High Court decisions considered how the legal doctrines of dishonest assistance in a breach of trust and unjust enrichment can be applied in the context of a bank or e-money institution receiving payments that have been procured by fraud.’
OUT-LAW.com, 24th June 2024
Source: www.pinsentmasons.com
‘A banking fraudster has been sentenced for making fake applications to banks and a pension company to obtain loans, banking, and pension facilities, totalling around £178,000 in potential losses.’
Crown Prosecution Service, 24th May 2024
Source: www.cps.gov.uk
‘The first trader jailed worldwide for Libor interest rate rigging has been left with a possible route clear his name, despite being refused permission to appeal against his conviction at the UK’s Supreme Court.’
The Independent, 21st May 2024
Source: www.independent.co.uk
‘Afascinating debate looks set to continue to the Supreme Court after the Court of Appeal dismissed the appeals of former traders Tom Hayes and Carlo Palombo. This case not only places traders back in the spotlight; it also subjects the Court of Appeal itself to scrutiny for the global uncertainty resulting from its judgment and its role as gatekeeper to the Supreme Court.’
Law Society's Gazette, 7th May 2024
Source: www.lawgazette.co.uk
‘In this series of two articles, we will discuss points of interest arising from the recent case Barclays Bank UK PLC v Terry & Anor (“the Barclays litigation”, “Barclays” and “Mr and Mrs Terry”) in which the writers were counsel for the defendants. This, the first article, discusses a point of substantive law (the court’s exercise of its equitable jurisdiction to rescind disposition made as a result of a unilateral mistake) the focus of the second article will be procedural (re: representative claims under CPR 19.8).’
Gatehouse Chambers, 22nd April 2024
Source: gatehouselaw.co.uk
‘Two former bankers jailed for rigging interest rates must have their appeal heard by the Supreme Court, senior politicians have said.’
BBC News, 3rd April 2024
Source: www.bbc.co.uk
‘Adverts featuring the actor Dominic West as a sneering bank manager will be pulled from TV in their current form after the advertising watchdog ruled they were misleading because they wrongly suggest that the building society had not closed branches.’
The Guardian, 3rd April 2024
Source: www.theguardian.com
‘Two former traders jailed over the manipulation of key benchmark interest rates today had their convictions upheld by the Court of Appeal.’
Law Society's Gazette, 27th March 2024
Source: www.lawgazette.co.uk
‘Two former bankers jailed for rigging interest rates are appealing against their convictions after an eight-year battle to clear their names.’
BBC News, 14th March 2024
Source: www.bbc.co.uk
‘In this post, Mark Whiteside, Partner at CMS, and Johanna Dodgson, Associate at CMS, comment on the Supreme Court’s judgment in Target Group Ltd v Commissions for His Majesty’s Revenue and Customs [2023] UKSC 35.’
UKSC Blog, 12th March 2024
Source: ukscblog.com
‘Contax Partners inc BVI v Kuwait Finance House and others [2024] EWHC 436 (Comm). Legal news abounds these days with stories of fabricated decisions and authorities generated by ChatGPT and similar AI mechanisms. But there’s nothing like a bit of old-fashioned human plagiarism to tickle the palates, and the full force of a judge’s fury was unleashed on such an attempt recently in the High Court.’
UK Human Rights Blog, 9th March 2024
Source: ukhumanrightsblog.com
‘The High Court has rejected an attempt to progress a challenge to a major international tax transparency measure where the claimant has refused to identify their litigation funder.’
Legal Futures, 11th March 2024
Source: www.legalfutures.co.uk
‘Dozens of “major” compliance breaches have been unearthed at the Bank of England, despite progress to fix shortcomings after misuse of the central bank’s audio feed by hedge funds four years ago.’
The Guardian, 4th March 2024
Source: www.theguardian.com
‘A recent criminal conviction secured by the Financial Conduct Authority (FCA) in a case of insider trading highlights the UK regulator’s intention to proactively crackdown on cases of market abuse – not just with criminal prosecutions but through the enforcement of regulation too, a former senior market regulator has said.’
OUT-LAW.com, 23rd February 2024
Source: www.pinsentmasons.com
‘First introduced for banks and insurers in March 2017, regulatory references are now a requirement for all firms regulated by the Financial Conduct Authority and Prudential Regulation Authority, under the senior manager and certification regime.’
Kingsley Napley Employment Law Blog, 12th February 2024
Source: www.kingsleynapley.co.uk
‘HSBC has been fined £57.4m by the Bank of England for “serious failings” over its requirements to protect customer deposits.’
BBC News, 30th January 2024
Source: www.bbc.co.uk
© Inner Temple Library 2024