by Leela | 2021-05-05 | Industry News
On 9 October 2020, the UK Supreme Court handed down the judgment in the case of Enka Insaat Ve Sanayi A.S. v OOO Insurance Company Chubb (2020) UKSC 38. This case explored the question of the law governing an arbitration agreement, in the event that no governing law...
by Leela | 2021-05-04 | Industry News
The Financial Conduct Authority (“FCA”) has prohibited Simon John Varley (“Mr Varley”) from working in the financial sector and imposed a financial penalty of £68,300 for knowingly providing investment advice to retail customers, when he was not registered as a...
by Leela | 2021-04-29 | Industry News
On 19 February 2021, the European Commission (“Commission”) published a draft adequacy decision (“Draft Decision”) in respect of the data protection framework in the United Kingdom (“UK”). The assessment is made both in relation to the EU...
by Leela | 2021-04-28 | Industry News
On 2 August 2021, new pre-marketing rules in respect of alternative investment funds (“AIFs“) will come into force in the European Union (“EU”), via the EU Regulation 2019/1156 and the EU Directive 2019/1160 (the “Revised Rules”). The Revised Rules amend...
by Leela | 2021-04-23 | Industry News
At the end of March 2021, the FCA brought their case forward to the High Court against 24HR Trading Limited and Mr Maricar (the “Defendants”) in the case of Financial Conduct Authority v 24Hr Trading Academy Ltd [2021] EWHC648. The FCA’s claims arose...
