Regulatory References- what do you need to know?

Regulatory References- what do you need to know?

FREE IR35 events - Sign up now With effect from 9 December 2019, the requirements to provide regulatory references is expanding.  So, what do you need to know? Regulatory references have been part of the legal landscape for banks and insurers since March 2017, but as...
Relying on Written Resolutions? Directors, take care to ensure validity

Relying on Written Resolutions? Directors, take care to ensure validity

Companies must note that ‘resolutions’ which have been agreed by the company’s shareholders by way of written resolution must have been circulated on the authority of the company’s board – otherwise the resolutions will be invalid.  A company discovered this to its...
The End of LIBOR- What to expect?

The End of LIBOR- What to expect?

The globally recognised and crucial London Interbank Offered Rate (LIBOR) is understood to be the benchmark interest rate for a reported US $300 trillion worth of financial contracts worldwide, including around $30 trillion worth of financial contracts in GBP....
New FCA Guidance on Cryptoassets

New FCA Guidance on Cryptoassets

Cryptoassets such as Bitcoin and Litecoin have been on the radar of the Financial Conduct Authority (FCA) for some time. The FCA has urged consumers to be cautious and has recently published useful guidance on cryptoassets and regulatory issues. Cryptoassets (also...
Economic duress and bad faith

Economic duress and bad faith

Businesses may avoid a contract on grounds of economic duress, but there has been legal uncertainty as to the circumstances in which a contract will be held to have resulted from a threat of a lawful act or omission.  So in what circumstances can it be invoked?   The...
What is the FCA Perimeter?

What is the FCA Perimeter?

Put simply, the FCA (financial conduct authority) focuses primarily on the activities set out in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (as amended) – otherwise known as the “RAO”. The activities set out within the RAO either...