Pinsent Masons

A new "failure to prevent fraud" offence will impact organisations across the UK and internationally, requiring them to complete risk assessments and implement rigorous fraud prevention procedures and policies in place if they are to avail themselves of a statutory defence, writes Tom Stocker. Under

The latest enforcement actions and supervisory publications by the Financial Conduct Authority (FCA) indicate the regulator’s renewed interest in market integrity and its expectations on regulated firms to assist it through clear dialogue and reporting, writes Anthony Harrison. Recent enforcem

Pinsent Masons has appointed Edinburgh-based partner Walter Clark to join its UK financial services corporate team. Mr Clark is an M&A lawyer with a primary focus on deals in the financial services sector across the UK, particularly for clients with a strong presence in Scotland.

In the UK, there has been a dynamic shift in the relationship between auditors and clients who are preparing annual accounts or readying a business for fundraising or potential exit, writes David Lister. Increasingly more fulsome investigations where compliance issues arise are required before signi

Businesses across sectors have been advised to review their approach to dynamic pricing after the practice drew scrutiny in the context of Oasis’ reunion tour, writes Angelique Bret. A UK and Ireland tour next summer will mark the first time the band’s two most prominent members, br

The Scottish government is seeking to address some of the overly restrictive aspects of the short-term let licensing rules, but the measures may not be enough to tackle “unnecessary” regulation and financial burdens faced by the Scottish tourism industry, writes Kirsty Gallacher. In

Pinsent Masons has appointed Edinburgh-based partners Julia Maguire and John Maciver as global sector heads of energy and financial services, respectively. Ms Maguire, previously head of client relationships in the energy sector, takes on the global sector head role for energy, while Mr Maciver, for

Recent legal reforms in the UK have increased the risk of corporate criminal liability for fraud, making urgent the need for businesses to reassess and strengthen their fraud prevention procedures, writes Tom Stocker. The clock is ticking for businesses across Scotland and the UK to review their fra

Pinsent Masons has appointed forensic accounting specialist David Lister as partner. Mr Lister, based in Edinburgh, was previously at a Big Four accounting firm EY where he was a partner for ten years. He joins the Pinsent Masons forensics & accounting services (FAS) team as the firm contin

Governments alone do not have enough capital to fund the infrastructure required to address imminent economic challenges and meet future targets, writes David Young. alone don’t have the capital available to fund the infrastructure that will be required, writes David Young

Pinsent Masons has boosted its energy property team in Aberdeen as an increasing number of traditional oil and gas companies look to transition into renewable energy. Partner Rona Kostulin is now based at the firm’s Queen’s Road offices, bringing a wealth of experience of advising on the

The UK’s Serious Fraud Office (SFO) has indicated that it intends to utilise existing but less commonly used powers to grant immunity notices to offenders who assist in its cases, and support reduced sentences to defendants who provide evidence to enable other prosecutions, writes Tom Stocker.

HMRC has garnered £1 billion in additional revenue through investigations into underpaid landfill tax over the past five years, with a £281 million collected in the last year alone, according to law firm Pinsent Masons. Landfill tax is imposed on waste disposed of in landfill and is desi

The Financial Conduct Authority (FCA) has announced proposals to ensure that consumer credit scores will now better reflect individuals’ financial situations, writes Venetia Jackson. The proposals set out a range of measures aiming to improve the information collected by credit reference

Consumer credit and payment services expert Andrew Barber discusses the FCA's recent proposals to ensure public access to cash in the UK by requiring banks, building societies, and other businesses to maintain reasonable access to cash services. Banks and building societies will be required to maint