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Online fraud – when is a bank to blame? Differing approaches north and south of the border.

Online fraud has been on the rise for many years. The advent of lockdown and over a year of working from home has seen the volume of attacks increase by one third, bringing more opportunities for fraudsters to exploit security systems. In most cases, recovery from the fraudsters themselves is impossible.

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69 Hits

Future Fund: Breakthrough

The Future Fund last year was closely watched by both investors and companies seeking investment. It delivered more than £1.1 billion in convertible loans to over 1,140 applicants. Quite a feat given the speed at which it was rolled out!

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  260 Hits
260 Hits

The Supreme Court wrestles again with issues of loss in professional negligence claims

We have recently focused on the potential for the tough economic road out of the pandemic to increase the volume of professional negligence claims. We now have a very timely decision from the Supreme Court attempting to clarify the legal basis for quantifying loss in such claims.

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  200 Hits
200 Hits

FCA ‘Bans’ Binance: Protection for credit card users?

On June 26, the Financial Conduct Authority (‘FCA’) issued a consumer warning against the world’s largest cryptocurrency exchange, Binance, effectively preventing the exchange from conducting any form of regulated financial activity in the UK. As such, individuals who trade on the platform (and most similar platforms) will not be entitled to access the Financial Ombudsman Service or the Financial Services Compensation Scheme should something go wrong with their investment.

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  316 Hits
316 Hits

The Fast and Furious: buying an e-commerce business

The retail industry was already facing challenges before the pandemic turned the world upside down and accelerated inevitable changes for the retail industry– especially for bricks and mortar businesses. It, therefore, doesn’t come as a surprise that ASOS only purchased the Topshop brand and Boohoo plc only bought the Debenhams brand. In both acquisitions, the real estate was not part of the deal and consequently the employees at those locations were left behind.

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  132 Hits
132 Hits

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