Banking

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The requirement to ring-fence retail banking from investment activities, which was introduced following the 2008 financial crash, is to be abolished.

The UK is the ‘leading Western centre for Islamic finance’, according to a TheCityUK report, ‘Islamic finance: global trends and the UK market 2022’, published last week.

The Home Office has reported that the Security Minister, Tom Tugendhat, has chaired a session of the Joint Fraud Taskforce, a partnership between the government, law enforcement and the private sector.

What is asset tokenization? In this week’s NLJ, Michael Patchett-Joyce continues a series of cyber articles by 36 Commercial.

You are the victim of fraud—how likely are you to succeed in a claim against your fraudster’s bank? In this week’s NLJ, David McIlroy, barrister at Forum Chambers, and Jon Felce, partner, and Rosie Wild, senior associate, at Cooke, Young & Keidan, address this question.

What is the likelihood of success in claims against a fraudster’s bank? David McIlroy, Jon Felce & Rosie Wild explain why financial institutions should not rest easy when it comes to fraud claims

What is tokenization & why it is becoming important today? Michael Patchett-Joyce of 36 Commercial provides a rundown of the expanding asset token economy

The Equity Release Council has launched a Legal Forum which advocates the role of legal advice that supports customers in the later life lending sector.

With digital currencies continuing to strengthen their foothold in the financial landscape, calls are increasing for a global response to regulate their use. Celso De Azevedo & Marc Samuels of 36 Commercial explore the most recent regulatory developments on both sides of the Atlantic

No damages awarded despite fraudulent misrepresentations

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MOVERS & SHAKERS

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Bell Yard Kysen—Liz Giles

Bell Yard Kysen appoints senior legal PR and ex-government communications adviser, Liz Giles

Clarke Willmott—Lee Edwards

Clarke Willmott boosts Southampton commercial property team with addition of partner Lee Edwards

Lime Solicitors—four promotions

Lime Solicitors announces four promotions

NEWS

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Law Officers mark 25 years of Pro Bono Week

The Attorney General, Ellie Reeves KC MP, and Solicitor General, Andy Slaughter KC MP, marked the 25th anniversary of Pro Bono Week by joining lawyers, charities, students and parliamentarians at events celebrating voluntary legal work

NLJ this week: Possession’s digital pitfalls

Possession claims are entering a new digital era, with procedural traps awaiting practitioners who assume familiar rules still govern every step

NLJ this week: Who shaped the witness’s story?

Witness evidence can be compromised by AI before a solicitor sees the draft, leaving safeguards focused on authorship incomplete

NLJ this week: New law, old convictions

Should a conviction stand when a later ruling reveals that the law underpinning it was wrong? The answer exposes a clash between finality and justice

NLJ this week: Beyond environmental offences

The Environment Agency can prosecute offences beyond environmental legislation where proceedings support its statutory functions, the Divisional Court has confirmed

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Banking

MOVERS & SHAKERS

Bell Yard Kysen—Liz Giles

Clarke Willmott—Lee Edwards

Lime Solicitors—four promotions