by Leela | 2019-03-06 | Industry News
In its recent decision in LBI EHF v Raiffeisen Bank International AG [2018],[1]the Court of Appeal confirmed that a non-defaulting party enjoys wide discretion under the default valuation provisions in the 2000 edition Global Master Repurchase Agreement (the “GMRA”)...
by Caroline Sheldon | 2019-03-01 | Industry News
Given the continuing uncertainty surrounding the United Kingdom’s (the “UK”) departure from the European Union (“EU”), regulators and institutions on both sides of the channel have taken a range of initiatives in order to counteract the most dramatic consequences of...
by Leela | 2019-03-01 | Our News
We are so happy to share in the news that Foster Denovo, the global award winning financial advisory firm, has recently completed its first successful acquisition of the year. We are especially proud to have been a part of this strategic investment, advising the...
by Leela | 2019-02-27 | Our Thinking
Following on from our previous newsletter on recent Brexit updates, in this newsletter we continue our analysis of the new wave of national legislation relating to financial services in Luxembourg, Italy and Ireland. Please click the image below for more information. ...
by Leela | 2019-02-14 | Our Thinking
With less than two months to go until the UK leaves the EU, there have been a lot of recent Brexit related developments in the financial services industry. In our newsletter we look at the Temporary Permissions Regime, the Financial Services Contracts Regime...
by Leela | 2019-02-01 | Industry News
In light of the ongoing uncertainty surrounding the United Kingdom (“UK”) departure from the European Union (“EU”), regulators and institutions on both sides of the channel have taken a range of initiatives in order to counteract the most dramatic consequences...
by Leela | 2019-02-01 | Awards, Our News, Us in the Press
We are delighted and very proud to announce that we have won the category for ABS of the Year at the Modern Law Awards 2019! What an honour to be recognised amongst such tough competition in a category that truly embraces our business — committed to innovation...
by Leela | 2019-01-29 | Industry News
The Senior Managers and Certification Regime (“SM&CR”) is part of the UK regulators’ drive to improve culture, governance and accountability within financial services firms. It aims to deter misconduct by improving individual accountability and awareness of...
by Emma Cleveland | 2019-01-17 | Industry News
In Lonsdale v National Westminster Bank plc (October 2018), the court granted the claimant, Mr Lonsdale, the opportunity to inspect the suspicious activity reports (“SARs”) submitted by his bank, National Westminster Bank PLC (“NatWest”) to the National Crime...
by Emma Cleveland | 2019-01-10 | Industry News
The high court recently considered the interpretation of an entire agreement clause and excluding claims for misrepresentation in the recent judgement of Fawaz Al-Hasawi (“Mr Al-Hawawi”) and Nottingham Forest Football Club (the “Club”) &...