FCA Letter to E-Money Institutions: Why All UK Payment Service Providers Should Review Their Marketing Practices Now
On May 18, 2021, the UK Financial Conduct Authority (FCA) published a “Dear CEO” letter (the Letter) asking e-money institutions to ensure that their customers understand how their money is protected. The FCA has expressed concern that e-money institutions do not adequately disclose the differences in protections between e-money and … Read More
UK Supreme Court: Serious Fraud Office Cannot Compel Foreign Companies to Produce Documents Held Abroad
Case: R (on the application of KBR, Inc) (Appellant) v Director of the Serious Fraud Office (Respondent) [2021] UKSC 2
On February 5, 2021, the UK Supreme Court ruled that the Serious Fraud Office (SFO) cannot compel foreign companies with no presence in the jurisdiction to produce documents held abroad … Read More
UK Supreme Court Grants Google Permission to Appeal Class Action Claim in Lloyd vs Google LLC
The Supreme Court has recently granted Google permission to appeal the Court of Appeal’s decision in the case of Lloyd v Google LLC ([2019]) EWCA Civ 1599). The class action brought against Google by Richard Lloyd, the former editor of consumer protection rights group “Which?”, relates to the alleged … Read More
UK Supreme Court Rules Morrisons Not Vicariously Liable for Malicious Data Breach by Employee
Case: WM Morrison Supermarkets plc v Various Claimants [2020] UKSC 12
In a decision that employers will welcome, the UK Supreme Court recently ruled that Morrison Supermarkets (Morrisons) was not vicariously liable for a data breach committed maliciously by a former employee who, acting to satisfy a personal vendetta against … Read More