News
Latest on risk management, professional indemnity and compliance issues.
Filter:
-
May 2, 2024
UK Financial Sanctions FAQs
See here.
-
April 30, 2024
Law Society guidance: Anti-money laundering – Professional Enablers (with links to case studies for firms and individuals)
See here.
-
April 30, 2024
New EU rules to combat money-laundering adopted
See here.
-
April 9, 2024
SARs Annual Statistical Report 2023
See here.
-
April 2, 2024
ABFA Commodities Trading Ltd v Petraco Oil Company SA (Re Consequential Matters) [2024] EWHC 706 (Comm) (27 March 2024)
A designated person had no legal or equitable interest in money held in escrow. Pending an order of the court, the designated person had had an equity of redemption which might, if the court so ordered be paid out, but was extinguished when the court ordered payment out to another party.
See here.
-
March 26, 2024
ICO Data Protection Fining Guidance
See here.
-
March 26, 2024
Letter from the Justice Committee to the Lord Chancellor on The regulation of the legal professions
See here.
-
March 22, 2024
Responding to a cyber incident – a guide for CEOs – National Cyber Security Centre
See here.
-
March 21, 2024
ABA Formal Opinion 510, Avoiding the Imputation of a Conflict of Interest When a Law Firm is Adverse to One of its Lawyer’s Prospective Clients
This ethics opinion addresses the issue of whether a law firm can act for a client when confidential information has been provided by another prospective client who does not proceed to instruct the firm.
See here.
-
March 20, 2024
Irwin Mitchell Trust Corporation v PW & Anor [2024] EWCOP 16
A trust corporation appointed as property and affairs deputy and which was owned by solicitors had an own interest conflict when it appointed an asset management company in the same group to manage the investments.
See here.