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The Serious Fraud Office (SFO) has said a further five LIBOR convictions may be unsafe, following the Supreme Court appeals in July that quashed the 2015 convictions of former traders Tom Hayes and Carlo Palombo
The Supreme Court has quashed the Libor and Euribor convictions of bankers Tom Hayes and Carlo Palombo, on the basis the jury was misdirected
The rules and regulations on debanking (where a bank terminates its relationship with a customer) are due to change next year. In this week’s NLJ, David Hamilton, partner at Howard Kennedy, sets out the likely changes and explores the implications for payment services firms
David Hamilton on how the UK’s new debanking rules reshape financial services risk management
It’s a little-used & somewhat opaque doctrine with significant potential when used as a defence
James Davies & Jonathan Bennett delve into this intricate & often misunderstood legal principle—as well as its impact on lenders
Nicholas Dobson relays the costly tale of a single word in a banking contract
Jeremy Richmond KC, Michael Rhode & Alexander Emmott provide an overview of developments in sustainability regulations, push payment fraud & de-banking

UK financial institutions face a complex regulatory landscape, whether it’s in relation to greenwashing, authorised push payments fraud or de-banking

Vivien Davies, Galiya Martirosova & Krysteen Ormond ask: do we have all the guidance we need?
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MOVERS & SHAKERS

Boies Schiller Flexner—Tim Smyth

Boies Schiller Flexner—Tim Smyth

Firm promotes London international arbitration specialist to partnership

Katten Muchin Rosenman—James Davison & Victoria Procter

Katten Muchin Rosenman—James Davison & Victoria Procter

Firm bolsters restructuring practice with senior London hires

HFW—Guy Marrison

HFW—Guy Marrison

Global aviation disputes practice boosted by London partner hire

NEWS
Writing in NLJ this week, NLJ columnist Dominic Regan surveys a landscape marked by leapfrog appeals, costs skirmishes and notable retirements. With an appeal in Mazur due to be heard next month, Regan notes that uncertainties remain over who will intervene, and hopes for the involvement of the Lady Chief Justice and the Master of the Rolls in deciding the all-important outcome
After the Southport murders and the misinformation that followed, contempt of court law has come under intense scrutiny. In this week's NLJ, Lawrence McNamara and Lauren Schaefer of the Law Commission unpack proposals aimed at restoring clarity without sacrificing fair trial rights
The latest Home Office figures confirm that stop and search remains both controversial and diminished. Writing in NLJ this week, Neil Parpworth of De Montfort University analyses data showing historically low use of s 1 PACE powers, with drugs searches dominating what remains
Boris Johnson’s 2019 attempt to shut down Parliament remains a constitutional cautionary tale. The move, framed as a routine exercise of the royal prerogative, was in truth an extraordinary effort to sideline Parliament at the height of the Brexit crisis. Writing in NLJ this week, Professor Graham Zellick KC dissects how prorogation was wrongly assumed to be beyond judicial scrutiny, only for the Supreme Court to intervene unanimously
A construction defect claim in the Court of Appeal offers a sharp lesson in pleading discipline. In his latest 'Civil way' column for NLJ, Stephen Gold explains how a catastrophically drafted schedule of loss derailed otherwise viable claims. Across the areas explored in this week's column, the message is consistent: clarity, economy and proper pleading matter more than ever
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