UK government consults on reforms to money laundering regulations
The UK Treasury has opened a consultation on improving money laundering regulations and reducing burdens on legitimate customers. Read Complete Article
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Rent controls may deter investment in Scotland’s private rented sector
The Scottish government’s proposal to introduce permanent rent controls to protect tenants concerned about rent increases will not sufficiently address the issues facing the private rented sector, as it may […]
Continue Reading →Irish ruling highlights acting without delay critical to legal challenges over settlements
A recent Irish High Court decision has underscored the principle that settlements should conclusively resolve disputes rather than lead to new proceedings and if they do, then the parties seeking […]
Continue Reading →FCA publishes business plan reminding firms of focus areas
The UK’s Financial Conduct Authority (FCA) has published its business plan for 2024-25, providing an accessible and useful reminder to firms in the financial sector of the FCA’s ongoing regulatory […]
Continue Reading →New UK PFAS restrictions closer as debate over alternatives intensifies
Manufacturers could face restrictions on using per- and polyfluoroalkyl substances (PFAS) – so-called ‘forever chemicals’ – to make cleaning products and consumer goods under a UK regulatory initiative that will […]
Continue Reading →Pay decision-making facing added scrutiny in absence of UK bankers’ bonus cap
Chris Evans tells HRNews about a product designed to help firms avoid disputes over payment of discretionary bonuses Read Complete Article
Continue Reading →IR35 set-off mechanism finalised and in force from 6 April 2024
Penny Simmons tells HRNews about the IR35 set-off mechanism to prevent ‘double taxation’ of end user clients in cases of status misclassification Read Complete Article
Continue Reading →Litigation funding bill proposed to reverse UK PACCAR ruling
Draft legislation introduced before the UK parliament on Tuesday should, if passed, make it easier to enforce third-party litigation funding agreements that link the fees litigation funders receive to the […]
Continue Reading →Failure to prevent fraud under the UK’s Economic Crime and Corporate Transparency Act
The UK’s Economic Crime and Corporate Transparency Act 2023 (the Act) has reformed the law of corporate criminal attribution for a wide range of economic crimes and introduced a new […]
Continue Reading →Pension buy-outs: discharging DC assets on winding-up
Pension scheme buy-outs are increasingly popular in the UK pensions market as a way for trustees to offload the risk of funding and paying for members’ benefits. Read Complete Article
Continue Reading →China issues guidance for generative AI service providers
The National Cybersecurity Standardisation Technical Committee in the People’s Republic of China has released a document outlining basic security requirements for generative artificial intelligence (AI) services. Read Complete Article
Continue Reading →FCA emphasises need for transparency in regulatory approach
A recent update from the UK’s Financial Conduct Authority (FCA) indicates that it is likely to pursue greater transparency even outside any enforcement investigation, posing some challenges for firms, an […]
Continue Reading →The impact of the new EU mass actions directive across Europe
Mass actions, sometimes described as collective, class or group actions, are actions brought by multiple claimants against the same defendant or group of defendants, generally in relation to harm said […]
Continue Reading →‘No re-export to Russia’ clause to become mandatory for EU operators
Many EU operators will soon have to add a “no re-export to Russia” clause in their contracts, as it becomes a legal requirement under tough EU sanctions. Read Complete Article
Continue Reading →Gen-AI risk management under Digital Services Act scrutiny
The European Commission is demonstrably eager to give effect to the EU’s Digital Services Act (DSA), experts in AI and digital services regulation have said, after six major online platforms […]
Continue Reading →CSDDD clears late hurdle but with watered down terms
Fewer businesses will be subject to EU laws prescribing tighter scrutiny of supply chains than was originally envisaged after late amendments to the proposed new Corporate Sustainability Due Diligence Directive […]
Continue Reading →Changes to Singapore employment law could significantly impact workforce
Employers should proactively consider recently announced updates to Singapore’s employee retirement and re-employment age, and employment pass (EP) salary thresholds, to minimise potential disruptions to their day-to-day operations when the […]
Continue Reading →European Central Bank outsourcing findings give warning to UK financial firms
A recently published newsletter from the European Central Bank’s Single Supervisory Mechanism has revealed just 12% of material outsourcing contracts are compliant with EU outsourcing regulations, as UK financial institutions […]
Continue Reading →CMA investigation into UK vet market could have big implications for investors
The UK’s competition watchdog is to launch an in-depth investigation into the veterinary market due to concerns over poor competition and limited consumer choice, the outcome of which could have […]
Continue Reading →Ruling recognises foreign representatives’ right to pursue potential claims in Australia
A recent ruling in Australia has provided a precedent for foreign insolvency representatives to explore the pursuit of claims in Australia and the recovery of proceeds of such claims for […]
Continue Reading →Home care could revolutionise the way healthcare is delivered in Ireland
Bringing healthcare services into the home can prevent hospitalisation or the need to visit a GP, saving the national healthcare system as well as providing a better outcome for patients. […]
Continue Reading →Dutch Data Act proposals underline impact on cloud software services
Recently published draft Dutch legislation that further underlines and clarifies the scope of the EU Data Act in the Netherlands but provides both opportunities and risks for the current IT […]
Continue Reading →New IBA guidelines require firms and arbitrators to change disclosures approach
New guidelines issues by the International Bar Association (IBA) will require parties, counsels, and arbitrators to reappraise their approach to making disclosure in arbitrations, an expert has said. Read Complete […]
Continue Reading →Latest REMA consultation pivotal to British energy market investment
Businesses active in Britain’s electricity market should take the latest opportunity afforded them to shape future policy and help ensure any reforms are delivered quickly to catalyse investment, an expert […]
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