Asset segregation is essential for protecting clients’ assets in case of insolvency of the financial institution where the client holds its assets. The Hazelhoff Centre for Financial Law organised a seminar covering several topics in this field.
On 14 March, the European Court of Justice issued a momentous ruling that encourages the private enforcement of European Union competition laws and enhances the legal standing of those who have suffered damages as a result of anti-competitive behaviour.
Commercial and financial transaction documentation commonly refers to the London courts to adjudicate any dispute. After Brexit, this forum clause may be problematic. The HCCC is a solution of sorts - parties may have to reconsider their choice of court.