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Infrastructure companies are key to a country’s economy. They provide essential services to industries by assisting economic development and connecting people. The importance of their role is recognised by the recently updated FMI Rules which came into force on 4 August 2018.
Alleged mis-selling with a trusts twist – extra risks for banks in providing “one stop shop” services for wealthy individuals?
Wealthy individuals maintain a private banking account, through which they buy high risk investment products on margin. The markets then fall. The assets held in the account fall in value. Margin calls are made by the bank. The wealthy individuals then allege that the bank should not have sold such products to them.
The 4th Edition of the Miami Latin American Claims (Re) Insurance Forum, hosted by QLDG and Kennedys CMK from June 11 to 14, 2018, brought together over 185 key international and Latin American insurance industry experts to discuss top claims issues, trends, and developments in Latin America & the Caribbean.
On 1 April 2019 the FCA will assume regulatory conduct for claims management companies (CMCs) established or serving customers in England, Scotland and Wales. At the same time the Financial Ombudsman Service will become responsible for resolving disputes about CMCs.
Case review 14/06/2018
The Victorian Supreme Court decision challenges clauses that propose to impose limits on claims under the Australian Consumer Law and is particularly relevant for insurers in assessing their exposure in recovery actions or in defending claims under the consumer law.
Amendments to the Privacy Act 1988 (Cth) (the Act) which came into effect on 23 February 2018 introduce mandatory data breach notification provisions which all health service providers must comply with.
The carrier shall be bound, before and at the beginning of the voyage, to exercise due diligence to…properly man...the ship…
Cryptocurrency has been hailed by its proponents as the future of finance. However, the volatile nature of cryptocurrencies has drawn the attention of regulators and governments both in the UK and abroad.
The insurance industry in the United Arab Emirates (UAE) witnessed further increases in premiums and profitability in 2017.
We are firmly in Stage 2 of the new era in the relationship between Cuba and the United States. On 16 June 2017, US President Donald Trump finally unveiled his agenda regarding Cuba.