FinTech is a term used to describe a variety of innovative technologies using software or other information communication technologies, including ‘crypto-currencies’, such as Bitcoin and Ethereum.
In 2021, investors have already poured £3.8bn into London fintech startups in the first half of the year, compared to £2bn .1 billion in the same period in 2021. Although it was expected that regulatory authorities will slow down such an explosive rise in a sector, the FCA has taken quick steps to ensure there is no regulatory friction slowing the advance of FinTech development.
Due to their innovative nature, FinTech companies tend to ‘disrupt’ existing financial services, leading to numerous and long court proceedings. Moreover, most FinTech companies are start-ups and need to establish a strong legal framework to protect themselves in a highly competitive UK market.
Areas of Our Expertise.
Our FinTech lawyers specialise in a diverse range of IT/Tech sectors and include the following:
We value your time. After the consultation, we will let you know what the next steps are. We will request the documents we need, and only call you when necessary. We are proactive, will update you on your case as soon as we have any news so that you don’t need to call, meaning you can rest assured that no actions are needed from your side.
We haven’t forgotten about you, but we believe you’d rather spend time doing something that really matters than on the phone with a lawyer.
If you have been granted indefinite leave to remain (ILR) in the past few years, you will probably have been issued with a Biometric Residence Permit (BRP) with an expiry date of 31 December 2024.
From 1 January 2020, applicants who are granted five years limited leave to remain have also started to receive BRP’s endorsed with an expiry date of 31 December 2024.
Our client, a non-EEA national, initially obtained a residence card as the spouse of an EEA national. Our client subsequently divorced from his EEA national spouse and obtained a residence card under the Retained Rights route. The client then applied for permanent residence, which was refused and a subsequent appeal was dismissed by First-Tier Tribunal as the Judge wrongly thought the client needed to be a qualified person, not his EEA national spouse during the time their marriage lasted. Permission to appeal on this basis was granted.
We have reviewed the EPC contract and provided a legal opinion on force majeure clauses (re Covid-19) and its implications.
Engineering, procurement, construction and commissioning (EPC) contracts are the most common form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. Under an EPC contract, a contractor is obliged to deliver a complete facility to a developer who needs only turn a key to start operating the facility, hence EPCC contracts are sometimes called turnkey construction contracts.
The Immigration Rules regarding long residence provide that Applicants who have resided in the UK continuously and lawfully for 10 years are entitled to apply for indefinite leave to remain.
This begs the question: what if I have a gap in my lawful residence?
The Immigration Rules state as follows: 276B. The requirements to be met by an applicant for indefinite leave to remain on the ground of long residence in the United Kingdom are that:
Two successful applications for leave to remain under the parental route. Our clients both parents of children in the UK had no status in the UK when they approached Sterling Law.