A new Ernst & Young report has found that more than 10% of the $3.7 billion raised in ICOs has been stolen due to cyber-attacks. According to the report, hackers are stealing up to $1.5m in ICO proceeds a month. Arseny Reutov, blockchain security expert at Positive.com has commented on the findings and what ICOs should be doing […]
SFO specialist journalist Dominic Carman here discusses with Lawyer Monthly the SFO's dire need for new leadership. Discussing the current handover of authority within the organisation, Dominic also touches on the prospects of criticism surrounding the SFO in the near future. Alongside the bankers, lawyers and wealthy business men, no one from the Serious Fraud […]
The Supreme Court has decided in Bancoult (No 3), by 5-2, that a government decision about the Chagos Islands was not made for an improper purpose. In reaching this decision, the Court unanimously held that a Wikileaks document could be admitted into evidence. The case concerned the decision of the then Secretary of State for Foreign […]
With the potential transfer of the Carillion pension schemes to the Pension Protection Fund (PPF), the PPF has been much in the news recently. Below Philip Woolham, Senior Associate at Bevan Brittan LLP, explains the ins and outs of the fund, touching on some of the challenges faced. The PPF is an important part of […]
New currencies, ICOs and ambitious FinTechs could be creating more and more cyber risks for the future, and some experts are calling for increased legal regulation in the crypto sphere. Below Alex Larsen, CFIRM, Institute of Risk Management (IRM) subject expert, explains how and why crypto currencies are creating more and more investment risk, with […]
The UK government recently announced an overhaul of employment rights designed to improve conditions for millions of workers, including those in the gig economy. This is in response to last year’s Taylor Review into working practices. The changes are intended to give workers the power to force companies to follow the law, while enabling businesses […]
British tax-payers should not be asked to foot the Bill to set up an alternative to the European Court of Justice (CJEU) unless there are tangible benefits to the quality of justice, a Bar Council Brexit expert has told Peers as he warned against “reinventing the wheel.” Giving evidence to the House of Lords EU […]
Kate Gardner, Partner in the HR and Employment team at national law firm Clarke Willmott LLP, looks at the Tesco equal pay claim and what it could mean for employers across the UK. Last week’s news that Tesco may have to pay enormous sums of compensation for failure to provide equal pay for women employed […]
Russian athletes may not be able to compete in this year’s Pyeongchang 2018 Winter Olympics. The International Olympic Committee (IOC) banned Russia from participating because of doping violations. Recent reports indicate the Court of Arbitration for Sport (CAS) has dismissed an appeal by 47 Russian athletes and coaches against a ban on participation in the […]
With the Global Data Protection Regulations (GDPR) coming into force across the European Union on May 25th, businesses should be well underway in their efforts to achieve compliance. However, meeting the demands of GDPR is easier said than done and a substantial proportion of businesses are still showing a worrying lack of preparedness. Andrew Lintell […]
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