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Yearly Archives: 2023
Regulators outline plans to improve diversity in financial services
The Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) recently announced proposals to strengthen diversity and inclusion strategies in the firms they regulate, alongside greater regulation of non-financial misconduct. The new proposals suggest the implementation of targets to …
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English court dismisses section 68 challenge to calculation of ICC award
LMH v EGK [2023] EWHC 1832 (Comm), 19 July 2023 The English Commercial Court has dismissed a challenge to an award under section 68 of the Arbitration Act 1996 (AA 1996), noting that there was nothing about the course of …
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Introducing the new FCA Consumer Duty
From 31 July 2023, the new Consumer Duty applies to all new and existing regulated financial products or services that are open to sale and renewal. This will extend to closed products or services from 31 July 2024. Head of …
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Real Estate & Construction team joins Collyer Bristow from Ince & Co
Real Estate & Construction team joins Collyer Bristow from Ince & Co Collyer Bristow has announced the recruitment of a six-strong Real Estate & Construction team from Ince & Co. Led by Partner and former Head of Real Estate at …
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Tagged Axiom Ince, Ince, Ince&Co, real estate, recruitment
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Planning Across the Pond (Part 1)
Aidan Grant is joined by Reshma Shah of Duane Morris to discuss what US-focused estate planning looks like and how this can change where a UK taxpayer is involved. Run time: 25 minutes
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UK Supreme Court rules Mozambique Tuna Bonds case can be tried in England
On 20 September 2023, the UK Supreme Court (“UKSC”) handed down a significant judgment in Republic of Mozambique v Privinvest Shipbuilding SAL (Holding) & Ors [2023] UKSC 32 (aka the “Tuna Bonds” case). The judgment concerns the question of whether …
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Is working from home actually more productive?
A recent study by Stanford’s Institute for Economic Policy in the US found that remote work increased significantly during the pandemic, with approximately 10% of workers fully remote, primarily in tech-related roles. However, their productivity was somewhat lower than the …
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Jumping across the Atlantic?
Aidan Grant is interviewed by Ben Small of Ibanista to discuss pre-arrival tax planning for Americans moving to the UK. This episode was first published as part of Just Jump, a podcast series hosted by Ibanista. Run time: 37 minutes
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Regulators respond to government’s ‘pro-innovation approach to AI regulation’
Introduction The use of Artificial Intelligence (AI) technology in almost every area of our lives has grown exponentially in recent times. While such technology has the potential to deliver very significant benefits, it is also increasingly clear that there are …
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Lawyers react as FCA promises ‘prompt action’ over politically exposed persons review
Nigel Brahams, Partner and Head of Financial Services has been quoted in International Investment following the launch of the politically exposed persons review leading to the FCA’s promise of ‘prompt action’. Nigel commented: “The FATF Guidance includes the wording: “These …
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