Financial Ombudsman Service complaints rise across the FS Sector during pandemic
The number of complaints to the UK’s Financial Ombudsman Service (FOS) rose by 2% in 2020/21, according to new data. Read Complete Article
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Proposed changes to UK aggregates levy exemptions
The UK government is consulting on whether to make changes to the exemptions from aggregates levy which apply for some construction operations. Read Complete Article
Continue Reading →G7 finance ministers agree plans for taxing multinationals
Finance ministers from the G7 countries have agreed a proposal for a 15% minimum tax rate for multinational groups together with new rules for allocating the taxing rights over the […]
Continue Reading →Qualified one-way costs shifting introduced in Scotland
New rules have been introduced into Scottish courts that mean from 30 June the majority of parties seeking damages for personal injuries or death will not be liable for the […]
Continue Reading →Sienkiewicz v Greif
Following Fairchild, a defendant to a mesothelioma claim is liable if the negligent exposure materially increased the risk of the claimant developing the disease. This exception to normal causation principles applied […]
Continue Reading →Iranian companies may not benefit from court opinion on EU blocking statute
An opinion upholding Iranian companies’ rights under a statute designed to limit the impact of US secondary sanctions within the EU may not have much practical impact – although at […]
Continue Reading →Myanmar unrest tests project contracts
Project contracts in Myanmar are being tested to their limits due to the combined effects of the Covid-19 pandemic and political unrest, a specialist in contracts for major projects has […]
Continue Reading →Five steps to business continuity in UK financial services – managing third party risk
UK financial regulators acknowledge that outage and disruption is inevitable and detailed contingency planning is central to enabling effective operational resilience. There are five steps regulated entities should take to […]
Continue Reading →Two Indian parties can choose a foreign seat of arbitration, court rules
The Indian Supreme Court has confirmed that two Indian parties are allowed to choose a forum for arbitration outside India to resolve a dispute. Read Complete Article
Continue Reading →New EU medical device regulations take effect
The quality, performance and safety of medical devices intended for the EU market is the subject of stricter new regulation that has come into effect. Read Complete Article
Continue Reading →EU standard contract clauses bolstered for international data flows
The European Commission has published updated standard contractual clauses to support the transfer of personal data outside of the EU. Read Complete Article
Continue Reading →Trans-Pacific trade bloc approves UK’s request to join
Member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will allow the UK to start the joining process. Read Complete Article
Continue Reading →Two Indian parties can choose a foreign seat of arbitration, court rules
The Indian Supreme Court has confirmed that two Indian parties are allowed to choose a forum for arbitration outside India to resolve a dispute. Read Complete Article
Continue Reading →Companies urged to sign up to green pensions charter
UK businesses should align their pensions investments with the government’s net zero targets for carbon emissions, according to a new ‘green pensions charter’ launched this month. Read Complete Article
Continue Reading →Transfer pricing disputes: check HMRC complies with procedure
Businesses facing a new transfer pricing enquiry or business risk review from HM Revenue & Customs (HMRC) should consider points of procedure early on, to ensure that HMRC actually has […]
Continue Reading →Belt and road project funding moves from buyers’ to sellers’ credit
The way that projects under China’s belt and road initiative (BRI) are financed is changing because of shifting lender attitudes, and strong growth of renewable projects. Read Complete Article
Continue Reading →Appeal court confirms validity of ‘contracting out’ statutory declaration
Commercial landlords and tenants are not required to specify the actual date of grant of the lease when ‘contracting out’ of the security of tenure provisions in the 1954 Landlord […]
Continue Reading →Data reps not liable for actions of data controllers, says UK judge
Organisations that act in a representative capacity for foreign businesses under data protection laws in Europe cannot be held liable for the actions of those data controllers, according to a […]
Continue Reading →Court refuses to uphold insurance claim over failure to disclose earlier losses
The High Court has upheld an insurance company’s right to refuse a claim over a lost Rolex after the policyholder failed to disclose his prior claims history when insuring the […]
Continue Reading →Floating offshore wind to be critical future power supply for EU
Floating offshore wind farms have the potential to make a significant contribution to Europe’s power supply in the future, according to the European Commission. Read Complete Article
Continue Reading →Online learning surges in pandemic
As demand rises for quality online learning we showcase 5 e-learning modules Read Complete Article
Continue Reading →Time short for EU Settlement Scheme applications
Jo Hennessy tells HRNews what employers need to do by the 30 June deadline Read Complete Article
Continue Reading →Kahneman’s ‘noise’ theory helpful in HR decision-making
Kate Dodd tells HRNews what HR can take from Professor Daniel Kahneman’s ‘noise’ theory Read Complete Article
Continue Reading →Emirate of Sharjah raises minimum wage for UAE nationals
The ruler of the emirate of Sharjah has increased the minimum wage for United Arab Emirate (UAE) nationals to AED 25,000 (US$6,800) from AED 17,500. Read Complete Article
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