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  • Article

    Withholding Notice Still Required on Insolvency and Determination

    In October 2004 the Court of Session issued a decision in the case of Melville Dundas Ltd v George Wimpey UK Ltd which appeared to take a significantly different approach to that taken in England, to the interpretation of the payment provisions of the Housing Grants Act
    United KingdomReal Estate and Construction
    Pinsent Masons
    Pinsent Masons
  • Article

    EU Crowdfunding Regulations Proposed Alongside New Fintech Action Plan

    Crowdfunding platforms will be able to provide their services across the whole of the EU via a system of regulatory 'passporting' under new laws proposed by the European Commission.
    European UnionFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Spain Lags Behind On PSD2 Implementation

    Legislation has still to be adopted in Spain to implement the EU's second Payment Services Directive (PSD2).
    SpainFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    UAE Approves New Drone Regulations

    The UAE has introduced new regulations for the commercial and recreational use of drones, state news agency WAM has reported.
    United Arab EmiratesTransport
    Pinsent Masons
    Pinsent Masons
  • Article

    Complaints About Pension Products On The Rise Following Freedoms, Says Ombudsman

    Consumer complaints about self-invested and small self-administered pension products increased by a third last year, in the aftermath of more flexibility around pension savings, according to the FOS.
    United KingdomEmployment and HR
    Pinsent Masons
    Pinsent Masons
  • Article

    FCA Proposes Customer 'Duty Of Care' For Financial Firms

    Financial firms could be made subject to a new duty of care, requiring them to exercise "reasonable skill and care" when providing services to consumers, the financial regulator has indicated.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Pool Re: Salisbury Attack Left Insurance 'Coverage Gap'

    The use of the nerve agent Novichok in a recent attack against Sergei and Yulia Skripal in Salisbury has exposed a gap in coverage in most business interruption (BI) insurance policies ...
    United KingdomInsurance
    Pinsent Masons
    Pinsent Masons
  • Article

    European Commission Publishes Final Report On Its Energy Sector Inquiry

    The European Commission (the ‘Commission’) has published the final report on its inquiry into the European energy sector. The report states that consumers and businesses are not receiving the best value from European gas and electricity markets. The Commission intends to apply the full extent of its competition enforcement powers in addressing the problems the inquiry has identified.
    United KingdomAntitrust/Competition Law
    Pinsent Masons
    Pinsent Masons
  • Article

    Banks And Businesses Warned To Be On Alert To Invoice Hijacking

    Alan Sheeley said that it was vital for victims to act quickly after becoming aware that a fraud had taken place.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    FCA Urges Consumers To 'Make A Decision' On PPI Ahead Of 2019 Complaints Deadline

    Consumers will be urged to "make a decision" about whether to claim compensation for mis-sold payment protection insurance (PPI) as part of a two-year awareness-raising campaign.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Financial Services Equivalence Regime: Rules-Based vs Outcomes-Based (Investment Management Brief: 6th February 2020)

    Welcome to the Investment Management Brief, our regular briefing offering an overview of the latest business issues in investment management, including analysis and comment from Pinsent Masons.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    UK Inquiry A Chance To Consider Digital Currency Positives, Says Fintech Lawyer

    A new inquiry opened by a UK parliamentary committee presents an opportunity to ensure the potential benefits of cryptocurrencies are better recognised, a specialist in financial services and technology law has said.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Extension Of Sunset For Sunset Clauses

    Following a three month public consultation, the Treasury has recently made the Financial Services and Markets Act (Market Abuse) Regulations 2008 ("Regulations").
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Access To Documents On The Court File

    New changes to the CPR allow greater access to documents held on the court file.
    United KingdomLitigation, Mediation & Arbitration
    Pinsent Masons
    Pinsent Masons
  • Article

    Funding Ports In The Gulf

    Anyone who has passed through the Gulf of late will not have failed to notice the massive pace of development taking place in the region. Infrastructure projects, commercial schemes and retail developments vie for the headlines as projects become larger in scale.
    United KingdomReal Estate and Construction
    Pinsent Masons
    Pinsent Masons
  • Article

    Renewable Transport Fuel Obligation

    renewable transport fuel, RTFO,
    United KingdomEnergy and Natural Resources
    Pinsent Masons
    Pinsent Masons
  • Article

    Financial Regulators Should Have Access To Encryption Keys When Firms Store Data In The Cloud, Says ESMA

    Regulators should have access to any 'keys' necessary to decrypt data that financial firms store in the cloud, the European Securities and Markets Authority (ESMA) has said.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    PSD2: Communication Standards Written Into EU Law

    Regulatory technical standards on ‘strong customer authentication and common and secure open standards of communication' for payment services businesses have been formally written into EU law.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Financial Regulators Consult On Extension Of Senior Managers And Certification Regime

    The UK's financial regulators have promised a "consistent and proportionate" regulatory framework as they consult on proposals for the extension of individual accountability rules.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    New Legislation Set to Boost Share Incentive Plans

    United KingdomEmployment and HR
    Pinsent Masons
    Pinsent Masons

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