Georgie Green

Oct 17, 2023 | lexology.com | Tom Frapwell |Jonty Langham |Katherine King |Georgie Green

High Court decision serves as reminder that assumption of responsibility is heavily fact and context-specificIn a recent case (Amathus Drinks & Ors v EAGK LLP (2023)), the High Court rejected an application by a defendant audit firm for reverse summary judgment on a claim against it in tort, which alleged that the auditor owed duties to a third party, despite a disclaimer in its audit engagement terms explicitly excluding liability to third parties (commonly known as a "Bannerman clause").

Oct 9, 2023 | lexology.com | Benedicte Perowne |Nick Price |Georgie Green |Seirian Thomas

D&I measures proposed by the FCA intend 'to support healthy work cultures, reduce groupthink and unlock talent'The UK Financial Conduct Authority (FCA) has recently published proposals to increase diversity and inclusion (D&I) in the financial services sector. The consultation period will remain open until 18 December 2023, and interested parties can attend a webinar on 30 October 2023. Publication of the final rules is planned for 2024, with implementation required 12 months later.