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Monthly Archives: June 2021
Cryptocurrency exchange Binance banned from operating in the U.K. by FCA
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. …
Furlough changes from 1 July 2021: A REMINDER
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’ …
Visiting our offices: COVID-19 guidance
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 …
New Digital Dispute Resolution Rules provide procedure for commercial disputes involving digital technology
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 …
US Office of Foreign Assets Control uses blockchain technology to surveil entities behind cryptocurrency activities
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 …
Clitheroe v Bond case: providing clarity for practitioners
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 …
Posted in Longer Reads
Tagged banks v goodfellow test, clitheroe v bond, mental capacity, probate, testamentary capacity, wills
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Can ‘misgendering’ be a ‘philosophical belief’ under Equality Act?
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. …
Posted in Longer Reads
Tagged cisgender, Equality Act 2010, Maya Forstater v CGD Europe Others, transgender
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UK data protection standards to be deemed adequate by the EU
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. …
Posted in Shorter Reads
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Cryptoasset firms given extra time to register as few gain authorisation
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 …
Posted in Shorter Reads
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Update on the Covid-19 temporary insolvency measures under the Corporate Insolvency and Governance Act 2020
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) …
