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New retail banking conduct regime now in force

19 November 2009 | Steven Mills Comments Off

The FSA implemented its new retail banking conduct regime on 1 November 2009. It will apply to UK authorised banks, building societies, e-money issuers and credit unions. The FSA now has the responsibility...

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Actimel TV advert not given clean bill of health by advertising watchdog…

18 November 2009 | Paul Gershlick

Danone has been pulled up for having a misleading television advert. After a consumer complained, the Advertising Standards Authority ruled that the advert for the Actimel yogurt was misleading. The ASA...

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ASA rules fake invoice ad was misleading…

18 November 2009 | Paul Gershlick

The Advertising Standards Authority – the advertising watchdog – has ruled that a leaflet presented as a fake invoice for trade mark registrations was misleading. The leaflet, sent to businesses by...

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Jurisdiction clause meant party to agreement had to fight legal action in England, whilst another company in its group had to fight it in China – Morgan Stanley v China Haisheng, High Court…

18 November 2009 | Mark Weston

MSIP (an English company) and CH (a Cayman Islands company listed on the Hong Kong Stock Exchange) entered into an agreement. The agreement provided that English courts would have exclusive jurisdiction...

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Having everyone online could save UK economy £22 billion…

18 November 2009 | Paul Gershlick

If everyone in the UK went online, it would save the economy about £22 billion, according to PwC. The research found that some 10 million adults have never been online. The government could save about...

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European Commission decides to clamp down on discriminatory Internet prices…

18 November 2009 | Mark Weston

The European Commission has announced that it is going to clamp down on the practice of web sites charging different prices to customers depending on their surfing habits or their locations. Following...

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European Commission threatens UK with court action for failure to implement e-privacy laws…

18 November 2009 | Paul Gershlick

The European Commission has announced that it is continuing to take the UK to the European Court for failure to properly implement Directives that protect people’s online privacy rights. The Commission...

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Court of Appeal highlights importance to look at what actually happens in practice and not just what contract says, when determining whether someone is employed or a self-employed service provider – Autoclenz v Belcher, Court of Appeal…

18 November 2009 | Paul Gershlick

Autoclenz had a contract to valet cars for British Car Auctions and it provided people that it called self-employed valet subcontractors and issued them with subcontracts. In line with those people being...

E-money gets new lease of life with less strict rules…

18 November 2009 | Paul Gershlick

The European Union has published a new Directive to replace the previous E-Money Directive from eight years ago. The aim of the Directives is to set up a market for virtual currency to be used in electronic...

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Non-Latin-script domain names to be allowed…

18 November 2009 | Mark Weston

The International Corporation for Assigned Names and Numbers (‘ICANN’) - the body responsible for regulating the Internet’s addressing system – has agreed to allow non-Latin-script domain names...