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Things Are Not Always What They Appear in UK Commercial Contracts

Anti-oral variation clauses do not prohibit oral variation. The Court of Appeal in Globe Motors Inc v TRW Lucas Variety Electric Steering Ltd (“Globe Motors”) recently provided much overdue clarification on the...more

Fairer and More Effective Fixed-Income, Currency and Commodity Markets?

At the annual Mansion House speech to the City on Wednesday, 10 June, Bank of England (BoE) Governor Mark Carney announced an end to “the age of irresponsibility”. Shortly before the Mansion House speeches began, the...more

New Senior Managers Regime Heading in the Direction of Banks, Insurers, Fund Managers, Investment Funds, Asset Managers and Other...

Fuelled by political and public concern about trust, standards and culture in the banking industry, sweeping changes to the way the UK financial sector is regulated are gathering pace. The need to reshape corporate culture is...more

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