Yearly Archives: 2021

Lessons for banks from subprime lender Amigo’s woes

Posted on July 8, 2021 by Darren Butt

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 …

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Disputes over the proper administration of trusts and estates

Posted on July 8, 2021 by Alice Heathfield

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, …

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Financial Services webinar: Whistleblowing, sanctions regimes and launching a digital currency

Posted on July 7, 2021 by Christopher Wilsher

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, …

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Online financial scams: Google to vet advertisers following FCA threats

Posted on July 7, 2021 by Christopher Wilsher

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 …

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Complying with data laws when engaging with freelancers

Posted on July 1, 2021 by Darren Butt

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 …

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HUNDREDS OF THOUSANDS OF TAXPAYERS TO BENEFIT AS HMRC LOSES LANDMARK CASE CHALLENGING HIGH INCOME CHILD BENEFIT CHARGE

Posted on July 1, 2021 by Alice Heathfield

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 …

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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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