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Professional and Financial Risks Blog

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Money Covered: The Week that Was - 25 August

United Kingdom - August 25 2023 Season 2, Episode 6 of our podcast, Money Covered - The Month That Was, where the team discusses key developments and topical issues in the financial…

AFMs receive B+ from the FCA: Good but could do better

United Kingdom - August 15 2023 In the wake of the FCA's new consumer duty requiring firms to deliver good outcomes for consumers that meet their needs and offer fair value, it…

Setting aside a transaction for a mistake - does it work for tax schemes?

United Kingdom - August 15 2023 The doctrine of mistake can be a useful tool if a professional provides advice that the transfer of an asset can save tax and it turns out that the…

Money Covered: The Week that Was - 04 August

United Kingdom - August 4 2023 Season 2, Episode 6 of our podcast, Money Covered - The Month That Was, where the team discusses key developments and topical issues in the financial…

Fix up, look sharp: FRC update

United Kingdom - August 1 2023 Our article "What the Fix?!", published on 15 May 2023, gave a high level overview of the new Fixed Recoverable Costs (FRC) rules published in draft…

Money Covered: The Week that Was - 28 July

United Kingdom - July 28 2023 Season 2, Episode 5 of our podcast, Money Covered - The Month That Was, where the team discusses key developments and topical issues in the financial…

Lawyers Covered - July 2023

United Kingdom - July 26 2023 Churchill v Merthyr Tydfil involves a dispute between a proprietor and a local authority about Japanese knotweed. The local authority disputed the…

Enhanced Regulatory Supervision of Asset Managers in Europe - Greenwashing Risks

European Union, United Kingdom - July 12 2023 A common methodology has been developed by ESMA to allow national European regulators to share knowledge and experiences to facilitate convergence in…

Duties to third party investors in tax avoidance schemes following McClean

United Kingdom - June 20 2023 The Court of Appeal's recent decision in David McLean and others v Andrew Thornhill KC considered the circumstances in which duties are owed to…

Lawyers Covered - May 2023

United Kingdom - May 30 2023 Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting…