Banking & Finance

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FCA Says Employees Can’t Use Their Own Devices for Work, So Now What?

7th March 2018
Most employers allow their workers to use their own devices for company operations purposes, the most common being sending emails when they’re not in the office. However, new FCA rules now prohibit the use of own devices in the financial sector. Daren Howell, Solutions Marketing Manager at Sungard Availability Services, explains more below. Barely into […]
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Will BoE Crypto Comments Fuel Recovery for Bitcoin & Co?

5th March 2018
The Bank of England governor, Mark Carney, has called for a regulatory crackdown on Bitcoin; comments which can be expected to help fuel a sustainable recovery of the likes of Bitcoin, Ethereum, Ripple, Litecoin and Dash. Mr Carney noted: “The time has come to hold the crypto asset ecosystem to the same standards as the […]
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Does Filing for Bankruptcy Really Mean It Is the End of Your Business Dream?

28th February 2018
  Bankruptcy surfaces fear in any business persons’ eyes. But is it always the option at hand? How can you save your business, your legacy, in the most efficient, law-abiding manner? Selwyn Whitehead, an expert in bankruptcy law, reveals the best way to address such issues.   What would you say are the main risks […]
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Tax Fraud Up 538% to £2.11 Billion in Last 15 Years

9th February 2018
The total value of fraud has risen 538% to £2.11bn in the last 15 years and is up 6.5% from £1.99bn in 2016, according to new research from BDO LLP. When it comes to type of fraud, BDO’s FraudTrack report found 550 cases of UK fraud were tax-related and the reported value of these cases […]
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Introducing Open Banking: How Will the Financial Sector Transform?

1st February 2018
  Written by David Gardner, partner, and Grace Roddie, solicitor, at law firm TLT The second EU Payment Services Directive (PSD2) took effect in the UK on 13 January 2018, laying down the framework for more transparent, competitive and open banking across the EU. The Directive introduces significant changes about how non-bank third party providers […]
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Crypto-currencies and the Growth of Financial Crime

31st January 2018
Time and time again, we mention how technology is rapidly taking over; it has shaken up many industries and where there are countless benefits, there are also drawbacks. The financial industry has been victim to this, with money laundering now taking place in a variety of jurisdictions, as well as crypto-currencies bringing to surface encryption […]
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Is Mediation the Best Method for Financial Disputes?

31st January 2018
We now hear from Anthony Trace who has extensive experience behind him allowing him to be a skilled mediator. With 35 years at the Bar, Anthony is often described as astute, responsive and unflappable. He speaks with Lawyer Monthly about his work and how he prepares to work with participants involved in banking and finance […]
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Have Banks Been Able to Deal with PSD2 and Open Banking Compliance?

15th January 2018
The Second Payment Services Directive (PSD2 came into force this weekend on Saturday 13th January, with the Europe-wide legislation set to change the way that banks operate. Consumers will be able to instruct their banks to share data securely with third parties, making it easier to transfer funds, compare products and manage their accounts. However, […]
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What Is MiFID II and How Will It Impact SMEs

12th January 2018
So MiFID II just came into force at the beginning of the month, and if you didn’t keep up to date, you’re likely really confused about what it entails and how it might affect you. Felicia Meyerowitz Singh, Co-founder and CEO of Akoni Hub, explains for Lawyer Monthly. MiFID II (Markets in Financial Instruments Directives […]
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5 Things GCs Should Know About Litigation Finance

28th December 2017
Below Mark Klein, General Counsel at Burford Capital, explores five reasons GCs need to take a closer look at litigation finance in order to avoid unexpected surprises. Litigation finance is becoming an increasingly important part of the commercial litigation landscape: according to a 2017 survey conducted by Burford Capital, the number of lawyers in the […]
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