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 St
Pinsent Masons
The UK may look to follow the lead of the US in introducing a whistleblowing reward scheme in a bid to combat corporate crime. US Deputy Attorney General, Lisa Monaco, recently announced a new Department of Justice-run corporate whistleblower rewards pilot programme, highlighting the critical role w
A third year law student at the University of Glasgow has been named as the sixth recipient of the Kirk Murdoch Scholarship. The award was set up in 2018 to commemorate the late Kirk Murdoch, the widely respected lawyer and former chairman of Pinsent Masons in Scotland.
Pinsent Masons has appointed Gillian Frew as head of office for its 215-strong Edinburgh operation following the retirement of Ewan Alexander after 35 years with the firm. A specialist in the structured & project finance team, Ms Frew joined Pinsent Masons in 2001 after graduating in law from th
Pinsent Masons Vario has announced the appointment of Gary Gray as the first legal director of its Company Secretarial (CoSec) team. He joins Vario in Edinburgh after 18 years with Burness Paull, the last eight of which he spent as the firm’s head of governance and company secretarial.
The new Employment Rights Bill introduced by the UK government represents one of the most significant single items of employment legislation ever to be published and makes provision for 28 different employment law reforms, writes Helen Corden. Among the changes proposed are enhanced rights for worke
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
The development sector has legitimate concerns about the proposed Infrastructure Levy for Scotland (ILS), the purpose of which is to capture an element of the uplift in land value caused by development and put that towards contributing to infrastructure, writes Gary McGovern. Presently planning agre
Restrictions in UK Russian sanctions law on firms providing legal and regulatory advice have been relaxed, providing clarity for advisors and clients, writes Stacy Keen. The previous Conservative government legislated to introduce a restriction relating to the provision of legal advisory services to
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
Susannah Donaldson considers how a new government will impact efforts to close the gender pay gap. In light of the shifting legal landscape and market trends, both under the new Labour government in UK and across the EU, employers will face ever more onerous pay gap reporting duties across different
Pinsent Masons is piloting burnout alerts for overworked staff after the death of a partner last year. The firm's new time-tracking system will let bosses know when employees have been consistently working long hours.
Pinsent Masons has unveiled its 2023/24 year end results, announcing a 7.2 per cent revenue increase to £649.6m. Profit per equity partner at the firm was £793,000. The firm employs more than 3,300 lawyers and support staff in 26 international offices, of which approximately 550 are base