Welcome to the May 2010 edition of the Heavyweight. Some interesting things this month:
- The Bribery Act 2010: it is relevant to any business, based anywhere in the world, if it performs any act or omission in the UK that forms part of a bribery offence. And, regardless of where the act or omission occurs, the Act applies to any UK national and to any UK corporate wherever they are and whatever they do. Look for the link to the CMS guide to the Act.
- Changes of procedure affecting Enduring Powers of Attorney.
- The OFT challenge to the competitiveness, or not, of the Banking Act's Special Resolution Regime in their review of the retail banking market.
- A case on a non-compete clause in a guarantee that went to appeal (Cattles).
- Another case (Re F2G Realisations), only available in summary at present, on whether the Financial Collateral Arrangements Regulations (No 2) 2003 applied to an unregistered floating charge over monies in a bank account.
The Heavyweight: Comprehensive coverage of this month's banking and insolvency law
This article was written for Law-Now, CMS Cameron McKenna's free online information service. To register for Law-Now, please go to www.law-now.com/law-now/mondaq
Law-Now information is for general purposes and guidance only. The information and opinions expressed in all Law-Now articles are not necessarily comprehensive and do not purport to give professional or legal advice. All Law-Now information relates to circumstances prevailing at the date of its original publication and may not have been updated to reflect subsequent developments.
The original publication date for this article was 28/05/2010.
