Changes to UK’s work visa routes from 4 April 2024
Shara Pledger tells HRNews about a significant raft of changes to the immigration rules which will affect all sponsored workers in the UK from 4 April 2024 Read Complete Article
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Irish tax treatment of some intra-group payments to change from 1 April
Multinational businesses operating in Ireland have been advised to check whether new anti-avoidance tax provisions will soon apply in respect of certain payments they make to group companies based in […]
Continue Reading →EU plans to simplify biotech regulation outlined
EU policymakers are considering introducing new legislation to help biotech companies bring new products to market faster. Read Complete Article
Continue Reading →Hong Kong SAR’s international arbitration centre statistics reveal record highs
Case statistics from the Hong Kong International Arbitration Centre (HKIAC), the leading dispute resolution organisation in the Hong Kong Special Administrative Region (SAR), have revealed a record high in the […]
Continue Reading →Pension Ombudsman addresses withdrawal processes and investment fund communications
In recent determinations, the UK’s Pension Ombudsman (PO) agreed with the approach of providers to processing a tax-free withdrawal and to communicating a member’s retirement options. A third case gives […]
Continue Reading →UK bitcoin money laundering case underscores key prevention role of professional services
A recent case involving the seizure of over £2 billion worth of bitcoin in the UK highlights the crucial role professionals in the financial and legal sectors can play in […]
Continue Reading →UK Budget 2024: changes to LGPS reporting requirements to ‘stimulate growth’ announced
Jeremy Hunt provided more detail around measures affecting the local government pension scheme (LGPS) during his UK Budget but “transparency for transparency’s sake” may not provide the best outcome for […]
Continue Reading →Gaming sector presents data and energy challenges for data centre operators
Demand for data processing and storage from the Irish and global gaming sectors will increase rapidly as the interactive nature of its technology evolves, but there are challenges to meet […]
Continue Reading →ICO unveils new data protection fining guidance
The Information Commissioner’s Office (ICO) has published new guidance setting out how it will determine penalty notices and calculate fines under the UK General Data Protection Regulation (UK GDPR) and […]
Continue Reading →Irish Central Bank issues proposed changes to consumer protection code
Revisions to Ireland’s consumer protection code (CPC) detailed in a recently published Central Bank consultation paper reflect a modernisation of the code and address current regulatory priorities, including protecting consumers […]
Continue Reading →AI moves the dial on addressing tech change in outsourcing contracts
AI and other technological advances promise to lower the costs suppliers incur in delivering services to customers over the lifetime of outsourcing contracts. Customers will want to consider what contractual […]
Continue Reading →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
Continue Reading →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 […]
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