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The following Financial Services news provides comprehensive and up to date legal information on BoE investigates Bank of London as EY raises red flags
What are perpetual, irrevocable and royalty-free licences?Licences are sometimes expressed to be ‘perpetual’, ‘irrevocable’ or ‘royalty-free’, but...
Malicious falsehoodThis Practice Note provides an introduction to the tort of malicious falsehood. Unlike a claim for defamation, there is no...
DefamationThe tort of defamation is governed by a mixture of statute and common law. The relevant statutory law is contained in:•the Defamation Act...
Defamation and social mediaThe internet and, in particular, social media is a high risk area for defamation litigation. Content posted on blogs,...
Insurance outsourcing clausesSTOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that
How to audit your outsourced IT services provisionThis Practice Note is a ‘how to’ guide for auditing and reviewing your outsourced IT services provision. This may occur before entering into a new IT outsourcing arrangement or under an existing IT outsourcing agreement under benchmarking
What is a ‘sweep clause’ in an outsourcing or IT services agreement?Sweep clauses supplement detailed statements of work by obliging the supplier to perform: (a) functions not specifically described in the statement of work or service descriptions schedule but an inherent part of the services
Scotland—the process for applying for sequestrationSequestration in Scotland is the legal process by which an insolvent debtor’s estate is gathered in, realised and then distributed among their creditors by a trustee appointed for that purpose. The process requires that a formal award of
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