Category: Commercial
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Crypto-Currency and Money Laundering: The Net Tightens
In a recent judgment, the English High Court made a number of findings which, going forward, may provide significant assistance to victims of crypto-fraud in recuperating their stolen crypto-assets. Equally, the judgment will have considerable implications for the custodians of crypto-assets such as the operators of crypto-wallets. The key findings in the judgment in the…
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Crypto Fraud – A Landmark Decision By The High Court
Factual Background In the case of ππ°π―π¦π΄ π· ππ¦π³π΄π°π―π΄ ππ―π¬π―π°πΈπ― [2022] EWHC 2543 (Comm), Mr. Jones was the victim of a large-scale crypto fraud. He was persuaded by an online advertisement to set up an account with a website called Extick Pro (EP), which fraudulently claimed to be a cryptocurrency trading platform. Mr. Jones was induced…
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Insurance Companies And The Inflation Crisis
At present, increasing inflation rates are affecting prices across multiple sectors of the economy to varying extents. This article will explore the ways in which inflation is impacting the insurance industry, alongside potential methods of mitigating inflationary pressures. Rising Inflation Rates As the cost-of-living crisis worsens, UK inflation rates have risen to 9.4% in June…
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The effects of the Bank of England increasing interest rates
The Bank of England has raised interest rates to 3%. This is an increase of 0.75% β the biggest since 1989. With a target inflation rate of 2%, the current rate of inflation has reached a 40-year high of 10.1%. Therefore, the Bank of England was forced to take steps to stabilise the economy. This…
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Come Fly With Us: A closer look at the UKβs transport industryCome Fly With Us:
The importance of the transport industry to a well-functioning economy is indisputable. Connecting all parts of the supply chain makes possible the timely, regular, cost-efficient, and flexible movement of goods and people, and the provision of services. This is why any jolt in transport cannot occur in isolation but would usually trigger a ripple effect…
Jessica Jarvis 