The 2008 collapse of the Lehman Brothers group (“the Group”) continues to generate questions of English insolvency law of interest to the international business community. A recent judgment of the UK Supreme Court considered,...more
The regime for dealing with insolvency proceedings within the European Union (EU) is about to become more coordinated. The timing is ironic given that the change will take place in the period leading up to the March 2019 exit...more
The updated UK Insolvency Rules 2016 will come into force on 6 April 2017.
The new rules have four aims:
- to reflect modern business practice and increase efficiency;
- to restructure and modernise the 1986...more
CRE has been an increasingly important asset class for Islamic-compliant transactions and banks since the publication of the first edition of this book in 2006. During this period, Islamic-compliant finance has proved to be...more
In this insight we consider the current and potential effect of Brexit on the UK’s FinTech industry across areas including regulation and passporting, data sharing, anti-money laundering, human capital, the role of banks,...more
7/20/2016
/ Anti-Money Laundering ,
EU ,
EU-US Privacy Shield ,
Financial Conduct Authority (FCA) ,
FinTech ,
General Data Protection Regulation (GDPR) ,
Passporting ,
Payment Services Directive ,
Popular ,
Referendums ,
U.S. Commerce Department ,
UK ,
UK Brexit ,
UK Data Protection Act
The Third Party (Rights Against Insurers) Act 2010 (the “2010 Act”) finally comes into force on 1 August 2016.
The 2010 Act makes it easier for a third party to bring a claim against an insurer when the insured party has...more
The future exit of the United Kingdom from the European Union is to be one of the most profound political, economic and legal events in the country’s recent history. For those who seek to engage with Islamic Finance and...more
The United Kingdom Government’s Chief Scientific Adviser in its 2015 FinTech Report considered “FinTech” as the integration of “finance and technology in ways that will disrupt traditional financial models and businesses and...more
The tendency to favor litigation -
Litigation through the courts is the most well-known method of determining disputes. A recent judgment of the UK Tax Chamber of the First Tier Tribunal published on the 15th July 2013...more
FACTS -
HM Treasury restricted access to the UK's financial markets by a major Iranian commercial bank, Bank Mellat, on account of its alleged connection with Iran's nuclear weapons and ballistic missile programmes....more