Publikation
Legalseas
Our shipping law insights provide legal and market commentary, addressing the key questions and topics of interest to our clients operating in the shipping industry, helping them to effectively manage risk.
Brexit survey: the impact on the foreign banking sector
Global | Publikation | November 2017
The financial services industry constitutes around 7 per cent of UK GDP, directly employs 1.1 million people (two-thirds of them outside London) and contributes a significant proportion of tax revenue to the UK. An important part of the industry is the banking sector, consisting of UK domestic banks and non-UK banks that have established themselves in the UK (many of which use the EU passport to conduct cross-border business).
Following the UK’s vote to leave the European Union, the Association of Foreign Banks formulated a position statement earlier this year to reflect what they understood to be the key Brexit related issues for the foreign banking sector in the UK. This was followed by a survey, carried out with Norton Rose Fulbright, among the AFB membership gauging the foreign banking sector’s sentiment on Brexit. AFB members, including some of the world’s largest banks, responded, looking at three areas:
- The UK’s post-Brexit relationship with the EU
- Immigration impact on staff
- Business confidence/political stability in the UK
We hope that you find the report insightful. If you would like to discuss any aspect of the report further, please get in touch.
Global Head of Financial Services
Email
jonathan.herbst@nortonrosefulbright.com
Aktuelle Publikationen
Blog
Entscheidung des Bundesgerichtshofs im Fall Sony gegen Datel: Auswirkungen auf Gaming, Cheat-Software und das EU-Softwareurheberrecht
Cheat-Software ist für Spielehersteller seit Langem ein Ärgernis. Doch stellt sie auch eine Urheberrechtsverletzung dar? In einer wegweisenden Entscheidung vom 31. Juli 2025 hat der Bundesgerichtshof (BGH) entschieden, dass Cheat-Tools, die lediglich In-Game-Variablen im RAM manipulieren – ohne den Programmcode zu verändern – nicht gegen das Softwareurheberrecht nach EU-Recht verstoßen.
Blog
German Federal Court of Justice decision in Sony v. Datel: Its implications for gaming, cheat tools and EU software copyright law
Cheat software has long been a thorn in the side of game publishers. But does it also constitute a copyright infringement? In a landmark decision, issued on 31 July 2025, the German Federal Court of Justice (BGH) ruled that cheat tools that merely manipulate in-game variables in RAM - without altering the program code - do not violate software copyright under EU law.
Subscribe and stay up to date with the latest legal news, information and events . . .