Monthly Archives: June 2021

Cryptocurrency exchange Binance banned from operating in the U.K. by FCA

Posted on June 29, 2021 by Christopher Wilsher

Cryptocurrency exchange Binance has been banned from operating in the U.K. by the Financial Conduct Authority, in the latest sign of a growing crackdown on the crypto market around the world. The FCA said  that Binance Markets Limited, the U.K. …

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Furlough changes from 1 July 2021: A REMINDER

Posted on June 28, 2021 by Christopher Wilsher

Under the Coronavirus Job Retention Scheme (CJRS), employers who have furloughed employees can currently claim 80% of employees’ wages (up to a cap of £2,500 per employee per month) from the government. Some employers may choose to top up employees’ …

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Visiting our offices: COVID-19 guidance

Posted on June 28, 2021 by Christopher Wilsher

If you have an appointment and are feeling unwell with any COVID-19 symptoms you should not attend our offices for your scheduled meeting. If you are categorised as clinically vulnerable, are self-isolating (or have been requested to do so) or …

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New Digital Dispute Resolution Rules provide procedure for commercial disputes involving digital technology

Posted on June 28, 2021 by Christopher Wilsher

The UK Jurisdiction Taskforce (chaired by Sir Geoffrey Vos, Master of the Rolls) has recently published the country’s first Digital Dispute Resolution Rules (“Rules”). A full copy of the Rules is available here. The Rules aim to provide a rapid and inexpensive …

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US Office of Foreign Assets Control uses blockchain technology to surveil entities behind cryptocurrency activities

Posted on June 28, 2021 by Christopher Wilsher

The Office of Foreign Assets Control (OFAC) is subscribing to use blockchain surveillance tools developed by New York headquartered firm, Chainalysis. OFAC is responsible for administering and enforcing economic sanctions in the United States, based on foreign policy and national …

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Clitheroe v Bond case: providing clarity for practitioners

Posted on June 25, 2021 by Alice Heathfield

Background The recent case of Clitheroe v Bond raised important issues relating to the relevant test to be applied when assessing testamentary capacity. Are the principles established in the 1870 case of Banks v Goodfellow still good law, or should …

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Can ‘misgendering’ be a ‘philosophical belief’ under Equality Act?

Posted on June 24, 2021 by Christopher Wilsher

The Employment Appeal Tribunal has decided that gender-critical beliefs are protected as a philosophical belief under the Equality Act 2010. A transgender woman is a person who was born male but later in life decides to identify as a female. …

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UK data protection standards to be deemed adequate by the EU

Posted on June 22, 2021 by Darren Butt

There is only a fortnight to go before the expiry of the current grace period that allows personal data to continue to flow between the UK and the EEA as it did before the end of the Brexit transition period. …

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Cryptoasset firms given extra time to register as few gain authorisation

Posted on June 19, 2021 by Darren Butt

With only five per cent of cryptoasset businesses currently meeting FCA registration requirements, the regulator has extended its Temporary Registrations Regime (TRR) to help more of them carry on in business while seeking authorisation. Here Nigel Brahams gives his comments …

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Update on the Covid-19 temporary insolvency measures under the Corporate Insolvency and Governance Act 2020

Posted on June 18, 2021 by Darren Butt

Once again, the Government has legislated to extend existing insolvency temporary measures through the CIGA (Coronavirus) (Early Termination of Certain Temporary Provisions) Regulations 2020 and the CIGA (Coronavirus) (Suspension of Liability for Wrongful Trading and Extension of the Relevant Period) …

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