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Professional & Financial Risks

Blog

Bad news for litigants in person?

Published on 21 February 2018. By Tom Toulson, Associate

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When a litigant in person fails to correctly serve a claim form they can expect the courts to take a firm approach, following the Supreme Court's decision in Barton v Wright Hassall

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Blog

Insuring Cryptocurrency risk, and why a duck might not actually be a duck

Published on 13 February 2018. By Max Rossiter, Trainee Solicitor

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Cryptocurrencies have dominated headlines with their soaring value and accelerating use. Their regulation has remained somewhat of an afterthought, however. This blog post looks at some of the pitfalls and the larger implications for financial professionals and the insurance industry that the risks of cryptocurrency present.

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Blog

FOS consultation on SME access to Ombudsman service

Published on 23 January 2018. By David Allinson, Senior Associate

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The FCA is currently consulting on proposed new rules to allow larger small and medium sized enterprises to refer complaints to the FOS.

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Blog

To each his own: which papers belong to the solicitor?

Published on 12 January 2018. By Claire Revell, Senior Associate

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Although it has previously been established that clients don't necessarily own all of their solicitors' file, clients don't always appreciate this when making a file request. Some recent case law provides support to solicitors when dealing with such requests.

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Blog

Name and Shame: HM Land Registry to publish list of worst offenders

Published on 09 January 2018. By Claire Revell, Senior Associate

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HM Land Registry has announced plans to publish a list of the top 500 entities responsible for the highest number of applications and ranking them by their track record of correctly completing Land Registry forms and applications.

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Blog

Unauthorised introducers, the Pension Ombudsman and SSASs

Published on 04 January 2018. By Rachael Healey, Legal Director

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The Pension Ombudsman has rejected a complaint against a SSAS provider in relation to investments in carbon credit investments made on the instigation of an unauthorised introducer. In contrast to FOS decisions we have seen, the Pension Ombudsman appeared to put the onus and risk on the consumer for engaging with an unauthorised introducer.

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Blog

Three commercial impacts of MiFID II on alternative investment managers

Published on 14 December 2017. By James Kaufmann, Legal Director

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MiFID II will be effective from 3 January 2018 and will have a wide ranging effect on the financial sector generally and alternative investment managers in particular.

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Publication

Favourable approach for insurers to the construction of exclusion clauses

31 October 2017

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In a recent decision the Commercial Court has followed the Supreme Court in the Impact Funding case. It declined to apply the contra proferentem rule to an exclusion clause in an insurance policy. Insurers will welcome the decision.

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Blog

Are there dark clouds on the horizon for SIPP providers?

Published on 17 October 2017. By David Allinson, Senior Associate

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According to Citywire, the FCA is poised to complete further supervisory work on the SIPP industry with a specific focus on non-standard investments. We understand that the FCA has questioned SIPP providers on the number of high risk investments they hold following a spate of complaints about such products in recent years.

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Blog

Over the Insured's Dead Body

Published on 13 September 2017. By Tom Toulson, Associate

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One year on from the entry into force of the Third Parties (Rights Against Insurers) Act 2010 and the fun and games are just getting started.

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