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Meta
Yearly Archives: 2021
Lessons for banks from subprime lender Amigo’s woes
Banks will need to carefully consider the implications of the UK high court’s May 24 decision to reject a scheme of arrangement proposed by British subprime lender Amigo Loans, on the grounds that the proposed scheme to deal with complaints …
Posted in Longer Reads
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Disputes over the proper administration of trusts and estates
Executors and trustees are not the same – an executor manages the deceased’s estate and arranges for the distribution of their assets in accordance with their will, while a trustee is responsible for the ongoing administration of a trust. Nevertheless, …
Posted in Longer Reads
Tagged Beneficiaries, complaints against trustees and executors, contentious trusts and probate, estate administration, executor, IFA magazine, samara dutton, trustee
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Financial Services webinar: Whistleblowing, sanctions regimes and launching a digital currency
Join members of our financial services team for this webinar discussing some of the latest issues in the industry. Whistleblowing – a new approach? Employment Partner Andrew Granger provides an update and overview following the FCA’s recently launched “In confidence, …
Posted in Videos
Tagged crypto, launching a digital currency, sanctions regimes, scotcoin, Whistleblowing
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Online financial scams: Google to vet advertisers following FCA threats
There is no doubt that the pandemic has boosted the amount of time that consumers spend online and, in turn, online scammers have ramped up their fraudulent advertising particularly on social media and search engine platforms. This advertising led the …
Complying with data laws when engaging with freelancers
With the gig economy’s rapid expansion, the implications of engaging freelancers have become a regular news item – from the Supreme Court’s recent ruling regarding Uber’s classification of its workforce to the government’s support for businesses reliant on independent consultants …
Posted in Longer Reads
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HUNDREDS OF THOUSANDS OF TAXPAYERS TO BENEFIT AS HMRC LOSES LANDMARK CASE CHALLENGING HIGH INCOME CHILD BENEFIT CHARGE
Summary: HMRC has lost its Upper Tribunal appeal – on every point – in Jason Wilkes’s leading case on the controversial High Income Child Benefit Charge (the HICBC) The outcome should benefit hundreds of thousands of taxpayers whose assessments to …
Posted in News
Tagged discovery assessments, HICBC, High income child benefit, HMRC appeal, tax disputes, taxpayers
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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. …
Posted in Shorter Reads
Tagged binance, crypto, cryptocurrency, FCA
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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’ …
Posted in Shorter Reads
Tagged CJRS, CoronaVirus, COVID-19, furlough
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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 …
Posted in Shorter Reads
Tagged Digital Dispute Resolution Rules, Sir Geoffrey Vos, UK Jurisdiction Taskforce
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