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Government Regulation

09/08/2023

Change in defined benefit surplus rules could spur £100bn investment in the UK economy, report finds

The report proposes that these surplus funds could be used to improve pensions for DB members, build the pension pots of defined contribution (DC) savers or reinvest into UK businesses to provide a boost to the UK economy.

09/08/2023

Australia proposes workplace reforms targeting ‘loopholes’

The Bill also prohibits employers from unreasonably failing or refusing to deal with union delegates

09/08/2023

FCA issues new guidance on UK DB pension scheme transfers

The guidance also includes several examples of good and bad consumer outcomes

09/08/2023

Initial Public Offerings Law Review 2023: Cayman Islands

Their contribution formed part of the seventh edition of The Initial Public Offerings Law Review which covered 19 jurisdictions.

09/08/2023

Construction needed to promote UK hydrogen market, says expert

The ENA’s gas members and Hydrogen UK called on industry and government “move faster and be more flexible with production support” and “identify and support strategic infrastructure investment now”.

09/07/2023

UK Payment Systems Regulator consults on APP fraud reimbursement overhaul

Fraudsters may use social engineering and impersonation to manipulate and gain the trust of their victims.

09/07/2023

UAE employers must take proactive approach to ‘Emiratisation’ expansion

By encouraging businesses to hire and train local talent, the UAE aims to reduce reliance on foreign workers and bolster its economic development.

09/07/2023

Less sleep, more eat: F&B led hotels (Part 2) - Legal Considerations

The nature of the restaurant/bar in question may determine whether the relevant space is offered to an F&B operator under a lease or licence.

09/07/2023

Plans for broad ‘failure to prevent’ fraud offence rejected by UK MPs

A committee has been established to report on the reasons why the House of Lords amendments were rejected.

09/06/2023

Pensions Regulator seeks improved climate scenario analysis from trustees

The research suggests that some outcomes may significantly underestimate the financial risks posed by climate change, contradicting established scientific findings.

09/06/2023

Strike action ‘minimum services’ code in Britain drafted

The effect of the legislation is to restrict the protection enjoyed by trade unions and their members when they engage in strike action.

09/06/2023

ELTIF 2.0 – Ireland's Road Map for ELTIF Readiness

The authorisation process for ELTIFs will however broadly follow the existing authorisation processes for RIAIFs and QIAIFs.

09/06/2023

MOrsel: Discrimination update – Guernsey's new framework now imminent

The guidance explains that employers will be vicariously liable for the acts of their employees even if they were done without their knowledge or approval

09/06/2023

Amendments to the BVI Business Companies Act

The BVI Registry has increased its incorporation and annual renewal fees.

09/05/2023

M&S appeals decision to prevent Marble Arch store redevelopment

Gove’s decision, issued in July, went against the planning inspector’s recommendation and earlier decisions by Westminster Council and the Greater London Authority (GLA) that planning permission could be granted.

09/05/2023

UK Upper Tribunal clarifies scope of FCA power to impose single-firm consumer redress scheme

All UK authorised financial services firms are required to comply with the FCA’s Principles for Businesses.

09/05/2023

High Court challenges to enforceability of Irish adjudication decisions have an increasingly uphill battle

Though the adjudication process under the 2013 Act was initially under-utilised, there has been significant uptake in recent years.

09/04/2023

What to expect from Humza Yousaf’s new programme for government

For his part, Yousaf has been steadfast in his commitment to the agreement, but this dynamic will not be far from his mind as he seeks to deliver his own agenda in government.

09/04/2023

Matthew Keen discusses the federal government’s draft Clean Electricity Regulation

Provinces and territories will have 75 days to provide feedback and comments on the proposed regulation.

09/04/2023

Eye on AI: AI Governance and Regulation

While AI is sure to provide many benefits the potential for risks and harms are also the focus of current debate.

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