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  • Article

    Access To Pensions Reform Limited By Lack Of Advisor Insurance Cover

    Experts are warning that a lack of insurance cover for financial advisors guiding pensioners through the options available to them could prevent pensions reforms from being fully effective.
    United KingdomEmployment and HR
    Pinsent Masons
    Pinsent Masons
  • Article

    Increasing Amounts Of Cash Withdrawn From Pension Pots Under New Freedoms

    The amount of money being withdrawn by UK savers from their pension funds following pensions freedom reforms has increased dramatically in the last few years, new data shows.
    United KingdomEmployment and HR
    Pinsent Masons
    Pinsent Masons
  • Article

    Principal Firm Had No Real Prospect Of Successfully Defending A Claim Against Acts Of Its Appointed Representative, Court Rules

    An investment firm has failed to overturn a default judgment entered against it in favour of investors who had lost their money, on the grounds that the principal firm had no real prospect of...
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Regulations broaden financial sanctions reporting obligation

    New UK regulations have been published that significantly extend the duty to report financial sanctions breaches.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    BREXIT: Procedure Committee Calls For Further Scrutiny On Delegated Legislation After General Election

    The House of Commons Procedure Committee has recommended that its successor committee should act swiftly to scrutinise details of legislation on the UK's exit from the EU.
    United KingdomGovernment, Public Sector
    Pinsent Masons
    Pinsent Masons
  • Article

    Sale At Undervalue Must Be Justifiable When Insolvency Looming, Scottish Appeal Court Confirms

    The off-market sale by a failing Scottish haulage company of its warehouse and other property at significant undervalue was a 'gratuitous alienation' which was not in the best interests...
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    Pinsent Masons
    Pinsent Masons
  • Article

    UK Publishes Preferred Approach To Post-Brexit Transition

    UK negotiators may seek a post-Brexit transition period which lasts longer than two years as part of the next phase of negotiations, according to a recently-published document.
    United KingdomInternational Law
    Pinsent Masons
    Pinsent Masons
  • Article

    Virtual Currencies Can Serve The World's 'Unbanked', Says Fintech Lawyer

    Virtual currencies can serve the world's 'unbanked' as well as minimise fraud and lower the cost of making transactions to companies, a lawyer who specialises in financial services and technology law has said.
    United KingdomTechnology
    Pinsent Masons
    Pinsent Masons
  • Article

    China Bans Initial Coin Offerings, HK Tightens Regulations

    China's central bank has banned all initial coin offerings (ICOs), Bloomberg has reported, while Hong Kong's financial regulator has warned that the sales constitute 'securities' and need to be controlled as such.
    ChinaFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Europe Publishes Labour Market Principles As Part Of Social Rights 'Pillar'

    The European Commission has published its European Pillar of Social Rights setting out 20 principles to support "fair and well-functioning" labour markets and welfare systems.
    European UnionEmployment and HR
    Pinsent Masons
    Pinsent Masons
  • Article

    Japan Steps Up African Investment With Development Fund Boost

    The Japan International Cooperation Agency (JICA) has approved its first official development assistance loan to the African Development Fund ...
    JapanGovernment, Public Sector
    Pinsent Masons
    Pinsent Masons
  • Article

    FCA Consults On PRIIPs KID And Its Enforcement Approach For PRIIPs (Investment Management Brief: 21 September 2017)

    The ESAs point out that the legal requirements are those in the Delegated Regulation EU 2017/653 and not the text in the diagrams.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    FCA Warns Consumers About Risks In Investing In Cryptocurrency Contracts For Difference

    Everyday consumers have been advised not to invest in cryptocurrency contracts for difference (CFDs) by the UK's City watchdog.
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    UK Banks Falling Behind In Brexit Relocation Plans, Says ECB Board Member

    Writing on the ECB website, Sabine Lautenschläger warned that "the clock is ticking", and that banks of all sizes should be making contingency plans based on a 'hard Brexit' scenario...
    United KingdomFinance and Banking
    Pinsent Masons
    Pinsent Masons
  • Article

    Reducing Work Related Road Accidents

    United KingdomEmployment and HR
    Pinsent Masons
    Pinsent Masons
  • Article

    I´m An Expert, Get Me Out Of Here ...

    The Meadow expert witness appeal (Meadow v General Medical Council [2006] EWHC 146 (Admin)) was decided by Collins J in the Administrative Court on 17 February 2006. This has given some important clarification on the legal position of expert witnesses should their evidence be called into question.
    United KingdomGovernment, Public Sector
    Pinsent Masons
    Pinsent Masons
  • Article

    When is a Contract Concluded?

    A recent decision of the Court of Session offers a useful reminder that even where parties have reached agreement on all the salient terms of a contract, it does not necessarily constitute a binding agreement which the courts will enforce.
    United KingdomReal Estate and Construction
    Pinsent Masons
    Pinsent Masons
  • Article

    Duty Bound: Shepherd Construction Ltd V Pinsent Masons LLP

    In a recent decision, the Queen’s Bench Division held that a long-standing relationship between solicitors and a client involving many instructions over time did not give rise to a duty to keep under review the suitability of advice and drafting it had previously provided.
    United KingdomCorporate/Commercial Law
    Clyde & Co
    Clyde & Co
  • Article

    Corporate Manslaughter Reforms Now Expected By April 2007

    On 31 July 2006, Gillian Beckingham, the Senior Architect at Barrow-in-Furness Council was acquitted of manslaughter in relation to the deaths of seven people from legionnaires’ disease. However, while the court was deliberating on whether Ms Beckingham was criminally responsible for those deaths, the Government laid legislation before Parliament to make it easier to prosecute corporations for work related deaths.
    United KingdomLitigation, Mediation & Arbitration
    Pinsent Masons
    Pinsent Masons
  • Article

    Regulator Begins New Sector-Focused Crackdown On Cartels

    The UK's Competition and Markets Authority (CMA) will target "industries that are at a greater risk of cartels forming" as part of a new campaign to crack down on anti-competitive behaviour.
    United KingdomAntitrust/Competition Law
    Pinsent Masons
    Pinsent Masons

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