The FRC Disciplinary Tribunal’s Decision in KPMG – Regenersis/Carillion Its significance for junior accountants and audit firms By Richard Highley, Julian Bubb Humfryes, The decision underlines the regulator’s expectation that integrity should flow throughout an audit…
The New Audit Reform Bill- a lawyer’s view on the implications for the audit sector By Richard Highley, Julian Bubb Humfryes, On 30 May 2022, in the wake of previous substantial corporate collapses, the Government published…
FRC moves towards registration of “PIE Auditors” By Richard Highley, Julian Bubb Humfryes A key recommendation of the Kingman review was that the FRC should undertake the approval and…
Supreme Court clarifies arbitrator bias test and arbitrators' duty of disclosure By Laura Berry, Julian Bubb Humfryes, On 27 November 2020, the Supreme Court handed down its judgment in Halliburton Company v Chubb…
Accountancy Newsletter - December 2020 By Richard Highley, Rebecca Smith, Phil Murrin, Christopher Dyke, Gill Burnett, Julian Bubb Humfryes, Naomi Park, , DAC Beachcroft's Accountancy newsletter features topical news and insights for our clients and…
Sports Direct and Legal Privilege – the saga continues By Richard Highley, , Julian Bubb Humfryes Background – Sports Direct, the FRC and privilege Last year we reported on the High Court’s…
Significant extensions to the duty to self-report misconduct – the new ICAEW guidance By Richard Highley, , Julian Bubb Humfryes As all accountants are aware, their regulator, the Institute for Chartered Accountants of England…
DACB’s Audit Liability Round-up for 2020 By Richard Highley, Julian Bubb Humfryes Those following the world of audit may think there is little Christmas cheer on offer for auditors…
Does Legal Advice Privilege apply to foreign lawyers? PJSC Tatneft v Bogolyubov & Ors By Richard Highley, , Julian Bubb Humfryes The recent judgment in PJSC Tatneft v Bogolyubov & Ors considered whether legal advice…
The FRC exercises Foresight – KPMG Decision Notice shows a radical development in FRC enforcement By Richard Highley, Julian Bubb Humfryes The FRC has recently sanctioned KPMG in respect of the latter’s audit of an investment company,…
FRC sanctions against KPMG offer clues as to its approach towards enforcement generally By Richard Highley, Julian Bubb Humfryes While the headlines are dominated by COVID-19, the world of Public Interest Entity ("PIE") audit…
Sports Direct and Privilege By Richard Highley, Julian Bubb Humfryes The Court of Appeal’s judgment and its implication for audit firms.
There is now a “dominant purpose” test for legal advice privilege – some practical points for accounting practices By Richard Highley, Julian Bubb Humfryes Litigation’ privilege has long been subject to a ‘dominant purpose’test…
There is now a “dominant purpose” test for legal advice privilege – some practical points in the corporate and D&O context By Mark Roach, Julian Bubb Humfryes ‘Litigation’ privilege has long been subject to a ‘dominant purpose’ test…
Commercial allocations of liability in the international commodities trade By Graham Ludlam, Julian Bubb Humfryes The international commodities market is a complex one…
Cryptoassets – Regulation and Risk. Plus Ca Change? By Jonathan Brogden, Julian Bubb Humfryes Cryptoassets – Exchange tokens, utility tokens and security tokens: What are they? How do they…
Access to Court Documents – Supreme Court confirms principles, raises issues By John Bramhall, Julian Bubb Humfryes The Supreme Court has confirmed the principles governing whether a non-party can obtain documents…
Plus ça change at the FRC? - the new accounting regulator starts to take shape By Richard Highley, Julian Bubb Humfryes Last year’s Kingman Report into the future of audit in the UK, and of the Financial Reporting…
Vedanta v Lungowe – issues in cross-border compliance By Julian Bubb Humfryes A recent Supreme Court judgment has dramatically raised the potential exposure of London-listed…
Bank Mellat v HM Treasury: disclosure in English civil proceedings overrides Iranian Sharia law on privacy By Julian Bubb Humfryes, Jonathan Brogden A slew of recent cases has illustrated the English court’s approach to evidence sought in the…
Autonomy v Lynch: confidentiality of English proceedings trumps an FBI subpoena By Julian Bubb Humfryes, John Bramhall A slew of recent cases has illustrated the English court’s approach to evidence sought in the…
Key issues in SPA disputes and W&I reviewed following the High Court decision in Triumph By Richard Highley, Julian Bubb Humfryes In March, the High Court handed down its judgment in Triumph Controls UK Limited & others v…
Hague Convention Letters of Request / Letters Rogatory – recent case shows court’s approach By Julian Bubb Humfryes, John Bramhall, Pippa Ellis The recent case of Aureus Currency Fund and Credit Suisse Group AG v Mitesh Parikh provides a…
Measuring damages for SPA breach of warranty and what this means for W&I insurance By Richard Highley, Julian Bubb Humfryes In a decision of interest to commercial litigators and W&I insurers, the recent case of…
Accountancy Newsletter March 2019 By Richard Highley, Giles Hindle, Naomi Park, Julian Bubb Humfryes, Francesca Muscutt, Tim Ryan, , Rebecca Smith, Suzanne Wharton DAC Beachcroft's Accountancy newsletter features topical news and insights for our clients and…
FRC v Sports Direct International Plc ("Sports Direct"): the latest regulatory challenge on privilege By Julian Bubb Humfryes, Richard Highley
"Maxwellisation" and the FRC By Richard Highley, Julian Bubb Humfryes It is a fundamental legal principle in regulatory investigations that " a person be given a fair…
Private Equity - avoiding liability for wrongdoing of a portfolio company By Julian Bubb Humfryes A successful private equity investment depends on containing liabilities in the portfolio company…
First CPS prosecution for failing to prevent bribery By Julian Bubb Humfryes The Crown Prosecution Service (" CPS ") has brought the first successful prosecution in a contested…
Banking & Finance Disputes Update - May 2018 By Jonathan Brogden, Pippa Ellis, Laura Berry, Julian Bubb Humfryes DAC Beachcroft's Banking & Finance Disputes Update focuses on events occurring within the…
