In the recent case of Broomhead v National Westminster Bank plc and another [2020] EWHC 1005 (Ch) the High Court was asked to consider the grounds for setting aside a previous judgment on the basis of fraudulent conduct.
We are in a world of fast paced change and need to adapt. How do you however adapt when you had not quite got right the processes of new regulatory rules when faced with COVID-19?
An example of this arises from the challenges of strong customer authentication for retailers and those in the financial services sector, especially when it comes to dealing with vulnerable customers. In the COVID-19 era, with forced remote transactions and limited external support, many consumers may be classed to have increased vulnerability.
As many employers grapple with putting measures in place to keep their employees’ jobs and incomes secure, the risk of employee fraud is highly likely to increase.
The following article looks at why this may happen, how businesses can act to protect themselves and how they should react if any instance of employee fraud is detected.
Thanks to improvements in technologies and the way we communicate, flexible working has become all the more possible and common. As a result, the nature of the way we work is changing.
Tenet has operated a flexible working model since it was founded in 2016, with all of the team having the option to choose their own hours, work from home or come into the office.
“Fraud is a problem that undermines the stability and financial health of organisations across the economy. It is not a victimless crime and can be hugely damaging to any organisation – especially so to social housing organisations where it often has the sort of direct, negative impact on the quality of life that is not found elsewhere ”
The food landscape is everchanging. With the rise in veganism, heightened focus on allergens and higher demand for organic food products – both in the home and in restaurants – the food industry is having to take measures to keep pace.
Tenet has been shortlisted for the prestigious LexisNexis Legal Awards in the category “Legal Services Innovation”. The awards will take place on 11th March 2020.
In the recent case of Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd [2019] UKSC 50 the Supreme Court maintained that a bank (Daiwa) had breached the duty of care owed to its customer (Singularis), and the bank could not be excused as a result of fraud carried out by its customer’s controlling director.
