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Banking and investment services: European Parliament passes draft Directive on settlement finality
Reino Unido 16.03.1998
The European Parliament Legal Affairs Committee has endorsed the draft Directive on settlement finality subject to a number of issues which are still under debate. The aim of the Directive is to protect...
Intellectual property/ telecommunications: Protection of privacy on the Internet
Reino Unido 16.03.1998
The Commission is seeking a brief from the Council of Ministers to negotiate with the Council of Europe the drafting of "Guidelines for the protection of individuals with regard to the protection and processing...
Insurance: Infringement procedures for financial services failures against Belgium, Spain and UK
Reino Unido 16.03.1998
Belgium is being taken to the European Court of Justice for failure to fully transpose the provisions of the Third Non-Life Insurance Directive on the co-ordination of laws, regulations and administrative...
Data Protection Act 1998
Reino Unido 28.02.1998
New legislation on data protection comes into force on Wednesday 1st March 2000. The Data Protection Act 1998, whilst not aimed solely at employers, has implications for the way employee data is handled....
Reinsurance: Broker negligent for failing to make fair presentation of risk
Reino Unido 25.02.1998
The Plaintiff cedant participated in a treaty which was a reinsurance of the marine excess of loss account of a number of Lloyd's syndicates. The Plaintiff cedant instructed the Defendant brokers to obtain...
Insurance: House of Lords ruling on when cause of action accrues against a valuer
Reino Unido 25.02.1998
In South Australia Asset Management Corporation - v - York Montague Limited (1996) ("SAAMCO"), the House of Lords considered three appeals together on the extent of a valuer's liability to a lender in...
Insurance: Negligence - landmark decision on contributory negligence in claim against valuer
Reino Unido 25.02.1998
The Defendant valuer valued the property in 1990 at £1.5 million. The Plaintiff lender granted a non-status loan of 70% (£1.05 million). The borrower defaulted and the property was sold in...
The Patents Court continues to streamline its procedures
Reino Unido 18.02.1998
Procedural improvements - quicker, easier, again For some years the Patents court has been streamlining and speeding up its procedure under the twin pressures of the Patents County Court (which has had...
Further developments on competitive sub-underwriting of equity issues
Reino Unido 18.02.1998
The Director General of Fair Trading has given a final warning to the City that, unless greater competition is introduced, he will refer the subject of underwriting practices to the MMC. In the meantime,...
The Local Government (Contracts) Act 1997 has been awaited with some interest by financiers who wish to fund projects under the private finance initiative which involve local authorities. A review of what the Act does (and does not) do.
Reino Unido 18.02.1998
by Christopher St John Smith This piece of legislation has been awaited with some interest by those financiers who wish to fund projects under the private finance initiative, which involve local authorities....

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Banking and investment services: European Parliament passes draft Directive on settlement finality

Intellectual property/ telecommunications: Protection of privacy on the Internet

Insurance: Infringement procedures for financial services failures against Belgium, Spain and UK

Data Protection Act 1998

Reinsurance: Broker negligent for failing to make fair presentation of risk

Insurance: House of Lords ruling on when cause of action accrues against a valuer

Insurance: Negligence - landmark decision on contributory negligence in claim against valuer

The Patents Court continues to streamline its procedures

Further developments on competitive sub-underwriting of equity issues

The Local Government (Contracts) Act 1997 has been awaited with some interest by financiers who wish to fund projects under the private finance initiative which involve local authorities. A review of what the Act does (and does not) do.

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