Swooping into the UK Market: Alston & Bird open its first UK office
US law firm, Alston & Bird, launches its first London office.
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October 14, 2019
FranceBlock: France deals new blow to Facebook’s Libra cryptocurrency by blocking development plans
The French finance minister, Bruno Le Maire, said France will block the development of Facebook’s Libra cryptocurrency in Europe until the concerns over the risk to consumers and the government’s monetary sovereignty were addressed.
September 27, 2019
Looks like Brexit isn’t the Only No Deal: Hong Kong rejected by London
The London Stock Exchange has rejected Hong Kong’s £38 billion takeover bid.
September 26, 2019
If You Want to Be My Digibank, You’ve Got to Get With the Programme: Singapore clarifies the eligibility criteria for digital banks
On 28th June 2019, the Monetary Authority of Singapore (MAS) announced that it will issue up to five new digital banking licenses. For the first time, following Hong Kong’s move earlier this year, MAS applications are being opened to firms with no track record in banking. MAS expects to grant licenses in mid 2020 and start business by mid 2021.
September 17, 2019
The Italian Stall-ion: Political upheaval in Italy
Italy’s 66th post-war government (since 1945) collapsed after only 14 months in power.
September 10, 2019
One Last Chance to Save the Case: legal challenge to the prorogation of the British Parliament rejected by the High Court
High Court judges have rejected Gina Miller’s case arguing that Boris Johnson’s suspension of Parliament was “an unlawful abuse of power” but permitted an immediate appeal to the Supreme Court on 17th September due to the important points of law at stake.
September 9, 2019
Don’t Lose Your Marbles: The Parthenon marbles are becoming a pawn in the UK-EU battle
The new Greek prime minister has proposed a pragmatic deal to end a historic battle over the Parthenon marbles (a collection of Classical Greek marble structures).This could signal an opportunity for France and Germany to strengthen the support for a united EU, against Britain’s euroscepticism.
September 6, 2019
No Deal: A&O and O’Melveny call off merger talks after a year of negotiations
The magic circle law firm Allen & Overy (A&O) and the American international law firm O’Melveny & Myers have announced that discussions about a proposed merger between the two have been called off.
September 5, 2019
Trading Blows: Is the trade war between China and the US worth the fight?
As China has just filed the third report to the World Trade Organisation (WTO) against the US, the countries seem to be locked in a bitter trade war, with multi-dimensional collateral damage.
September 5, 2019
Dealing With Digitax: The double-edged sword of a UK digital services tax
French President, Emmanuel Macron might have emerged as the superstar of digital taxes after the recent G7 meetings, but the UK is catching up, with provisions that will divide the British technological, financial, and legal landscape.
September 4, 2019