Banking & Finance

Improving culture in financial services remains a continuing priority for the FCA and that includes improving the accountability of individuals by extending the Senior Managers & Certification Regime (“SMCR”) to all authorised firms. FCA reviews SMCR With the commencement of SMCR for solo-regulated firms on 9 December 2019 fast approaching (click here for our update… Read more »

Public Law

An appeal court judgement published this week provides helpful clarity on what kinds of arrangements need to be treated by authorities as “service concession contracts”. These are contracts where some or all of the money comes not from payments by authority to contractor, but from payments to the contractor from service users or other third… Read more »

Banking & Finance

The liquidation of Thomas Cook Group last month – and the ensuing cancellation of all flights and repatriation of 140,000+ customers – has prompted fresh scrutiny of the UK’s approach to airline insolvency. Many will remember a similar situation with Monarch Airlines Limited in 2017, when the UK Government stepped in and the Civil Aviation… Read more »

Dispute Resolution

Meghan Markle, the Duchess of Sussex, is taking legal action against dmg media for publication of her private letter. Whilst the royal family is no stranger to disputes with the press around their privacy, Meghan has added another element to her claim by asserting her intellectual property rights in this written work. Litigation over a… Read more »

Real Estate

At the Build to Rent Forum Scotland this week there was a feeling of positivity on the development of the sector in Scotland. The last year has seen a number of new high profile schemes announced. It is probably not surprising that given the dynamic nature of the BTR sector that no sooner have schemes… Read more »


Achieving the right work-life balance is an aspiration which many workers strive to achieve. However, balancing the demands of a busy working life with family and social commitments is not always straightforward. Statistics published by the charity Working Families indicate that more than one in ten parents have refused a new job or said no… Read more »

Banking & Finance

Charles Randell, Chair of the UK’s Financial Conduct Authority (‘FCA’) recently considered the current system to combat investment fraud, which he noted now represented a “serious epidemic”. “Skimmers and “Scammers” Placing his observations in context, Mr Randell observed that investment fraud is part of a spectrum of unacceptable behaviour, from the manufacture or promotion of… Read more »


The Investment Association has updated guidance for UK authorised corporate director and unit trust managers on authentication requirements for electronic instructions. Title to units in UK-authorised unit trusts, authorised contractual schemes and open-ended investment companies may be transferred on the strength of electronic instructions provided that the unit trust manager or authorised corporate director takes… Read more »