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Key COVID-19 considerations for the financial services sector

Key COVID-19 considerations for the financial services sector

COVID-19 raises a range of financial services issues which financial institutions are managing and will continue managing over the coming months. Business continuity plans have already been activated by financial service providers and clients alike. The Government of Uganda has also put in place several preventive measures including a partial lockdown that will most certainly test business continuity plans of financial services providers.

Employment alert: Coronavirus COVID-19 outbreak in Uganda

Employment alert: Coronavirus COVID-19 outbreak in Uganda

The coronavirus COVID-19 pandemic is unfortunately now in Uganda. The raft of measures by the World Health Organization (WHO), and governments across the world (including our own) to contain the spread of the virus have resulted in an unprecedented disruption of business and day-to-day life.

Case alert: Quincecare duty of care recast in Philipp v Barclays

On 12 July 2023, the UK Supreme Court handed down its judgment in Philipp v Barclays (2023) UKSC 25. The Supreme Court allowed Barclays’ appeal on the main issue, namely, whether the Quincecare duty applies when the payment instruction is issued by the customer and not an agent of the customer and if not, whether it should be extended to apply.