Search Results for: UK law
Say’s law and the destruction of savings
April 2nd, 2021
This article explains the fundamental mistake behind Keynes’s General Theory, the vade mecum for all macro and mathematical economists today. It is no exaggeration to say that his casual rejection of Jean-Baptiste Say’s economic theories in his off-hand ...
Prospects for the UK and the pound
December 15th, 2020
This article assesses the likelihood of the pound following the dollar into monetary hyperinflation. Between March and September, the US Government financed twice as much of its spending by bond sales — mostly through inflationary QE — compared with ...
UK and EU strike new Brexit deal in last-ditch talks
October 17th, 2019
Negotiators from the U.K. and EU reached a draft Brexit deal in 11th-hour talks Thursday, although there are serious doubts that the agreement will be approved by U.K. lawmakers back in Westminster. Sterling rose on news after the U.K. ...
UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
Brexit latest: EU nationals to be granted right to stay in UK for three years in case of no-deal Brexit
September 6th, 2019
Britain’s government has abandoned plans to end freedom of movement for European Union citizens immediately after a possible no-deal Brexit and will instead return to an earlier policy of giving them three years’ temporary leave to remain. The fate ...
UK is higher than most among EU jurisdictions in notifying regulator on GDPR breaches
June 14th, 2019
UK is higher than most among EU jurisdictions in notifying regulator on GDPR breaches, but “just in case” says law firm. The first year of the General Data Protection Regulation (GDPR) together with the narrow reporting window, lack of detailed ...
$63 Million in fines imposed since GDPR Law went into full effect
May 16th, 2019
GDPR: Europe Counts 65,000 Data Breach Notifications So Far European privacy authorities have received nearly 65,000 data breach notifications since the EU’s new privacy law went into full effect. In addition, regulators in 11 European countries have imposed $63 ...
Tackling mental health in law firms
December 14th, 2018
Recent news that the head of global law firm Baker McKenzie, Paul Rawlinson, is taking temporary leave due to exhaustion raises the question of whether law firms are doing enough to support the wellbeing of their employees, says Averil ...
Boxer Floyd Mayweather and music producer Khaled Khaled charged with unlawfully touting Coin Offerings
December 4th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These ...
German police raids the offices of multinational law firm
November 26th, 2018
For the second time in a year, prosecutors raided the Frankfurt offices of the prestigious law firm Freshfields Bruckhaus Deringer. The raid marked an extension of the investigation of Freshfields’ involvement in dividend stripping, Frankfurt state prosecutors confirmed to ...
