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Companies should not wait to apply to set aside default judgments, says expert, after court makes clear 'Mitchell' principles apply

Companies hoping to have a default judgment against them set aside must be sure to act quickly, an expert has said, after a recent court decision confirmed what courts must consider when considering an application. 22 Oct 2014

Court of Appeal highlights dangers to lenders of choosing to enforce only part of a security

Lenders must be careful to ensure that they do not lose the right to enforce their remaining rights under a security agreement when they choose to enforce only part of it, the Court of Appeal has warned. 20 Oct 2014

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UK regulator head criticises EU response to bankers' bonus cap workaround

The head of a UK financial regulator has attacked the EU bankers' bonus cap and has said that a controversial pay mechanism adopted by banks is not ideal, but is the best response to a 'bad policy'.  17 Oct 2014

Regular payment security reporting called for under PSD2, say latest plans

Banks and other payment service providers (PSPs) would have to submit regular updates to regulators noting their assessment of security risks facing their organisations and the measures they have taken in response, under measures proposed by EU ministers.... 17 Oct 2014

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