Civil Law

UK Finance – Fraud Update

UK Finance has recently published its half yearly fraud update for the first half of 2023, its findings are based on data reported to it by its members, which include financial providers, credit, debit and charge card issuers and card payment acquirers.

The results are interesting, although perhaps not surprising to anyone who has been bombarded by scam emails and phone calls informing you, in increasingly inventive ways, that your Netflix account has been suspended, that you are being investigated … Read the rest

Civil Law

The HKMA and SFC Cross-Agency Steering Group Launches Sustainable Finance Internship Initiative

On October 12, 2022, the Green and Sustainable Finance Cross-Agency Steering Group (the “Steering Group”) co-chaired by the Hong Kong Monetary Authority (“HKMA”) and the Securities and Futures Commission (“SFC”) launched the Sustainable Finance Internship Initiative (the “Initiative”). The Initiative aims to create more internship opportunities in Hong Kong for university students and to enhance organisations’ sustainability credentials.

As part of the Initiative, the Steering Group will provide interns with training on … Read the rest

Supreme Court

Suing the International Finance Corporation, and Chicago police’s destroy-or-sell policy

Suing the International Finance Corporation, and Chicago police’s destroy-or-sell policy

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This week we highlight cert petitions that ask the Supreme Court to consider, among other things, whether the International Finance Corporation is immune from suit over its actions concerning the Tata Mundra Power Plant in Gujarat, India, and whether Chicago police’s policy of destroying or selling arrestees’ property left unretrieved after 30 days violates the Fourth or Fifth Amendments.

The Foreign Sovereign Immunities Act’s commercial-activity exception

On Tuesday, the Supreme Court in Cassirer v. Thyssen-Bornemisza Collection Foundation heard oral … Read the rest