SUMMARY Social distancing measures in the current coronavirus pandemic (the “COVID-19”) have posed some interesting questions on how to...
Archive for category: Industry News
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A recent decision of the English Commercial Court (the “Court”) – Alfred Street Properties Limited (formerly known as Killultagh...
COVID-19 as a “material adverse effect” clause in loan agreements under English law
Leela, , Industry News, 0Since the end of 2019, the spread of coronavirus and the disease created by it (the “COVID-19”) have generated...
FCA’s business plan, key priorities and post-coronavirus response for 2020/2021
Leela, , Industry News, 0On 07 April 2020 the Financial Conduct Authority (the “FCA”) set out the key areas of work it will...
COVID-19: FCA and PSR express support for the CMA’s guidance on competition law enforcement approach
Leela, , Industry News, 0SUMMARY The Competition Markets Authority (“CMA”) has published guidance stating that it will focus on protecting UK consumers from...
LIBOR: ISDA consults on pre-cessation triggers – and extends deadline for consultation
Leela, , Industry News, 0The London Interbank Offered Rate (“LIBOR”) is an interest-rate average calculated from estimates submitted by the leading banks in...
Regulatory issues surrounding stablecoins and their potential impact on global financial stability
Leela, , Industry News, 0SUMMARY On 18 October 2019, the Financial Stability Board (the “FSB”) issued a note (the “Note”) regarding regulatory issues...
The case of Guest Services Worldwide Limited (“GSW”) v David Shelmerdine (“Mr S”) , is a rare example of...
LIBOR: FCA issues guidance on discontinuation; ISDA discusses pre-cessation triggers
Leela, , Industry News, 0London Interbank Offered Rate (“LIBOR”) is an interest-rate average calculated from estimates submitted by the leading banks in London,...
UK Jurisdiction Taskforce confirms legal status of cryptoassets and smart contracts
Leela, , Industry News, 0In November 2019, the UK Jurisdiction Taskforce (the “UKJT”) of the LawTech Delivery Panel of the Law Society issued...