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Sturgeon’s Scottish independence strategy could be ‘significant departure’ from 2014

The analysis notes that the UK is outperformed by comparator countries

Do you own your art?

Ownership in this case turns on the application of a single, technical procedural rule:

New Nationality and Borders Act may have ‘significant impact’ on travel to UK

The visa penalty provisions in the Act can also be enforced against countries that the government believes pose a “risk to international peace and security.

Sanctions update: strict liability test comes into force with revised guidance from OFSI

UK regulator OFSI sets out its approach to new rules imposing a strict liability test for breaching the sanctions regime

The new UK competition law rules for supply and distribution agreements - a limited departure from the previous EU approach

The idea behind the EU VBER was to exempt certain categories of agreement from the prohibition in Article 101(1) of the Treaty on the Functioning of the European Union ("TFEU") (which is equivalent to the Chapter I prohibition in UK law).

Strict liability test for sanctions breaches come into force

As a result, companies may now face civil liability for inadvertent breaches of financial sanctions, including where due diligence has been carried out and there was no “reasonable” cause to suspect a breach.

The death of FFP, the birth of FSR - Net Equity Rule

UEFA announced last year that it intended to replace the FFP Regulations with a new set of rules

Regulatory Margin – June 2022 Update

Linklaters acted as drafting counsel to ISDA on the "Next Generation" IM documentation

FCA Proposes to Unify the Listing Regime for Commercial Companies Under a Single Listing Segment

The regulator continues its Primary Markets Effectiveness Review to promote the competitiveness of a UK listing.

Extensions to EMIR temporary intragroup exemptions and PSA exemption

Also on the topic of temporary derogations, the exemption from clearing for EEA pension schemes is due to expire imminently on 18 June 2022.

EU debates how to apply travel rule to cryptoassets

The proposals have raised concerns in the industry about how cryptoasset service providers could comply with the rule in practice.

Widening the Net of Regulation of Retail Credit Firms in Ireland

An RCF will also have to comply with the Central Bank's fitness and probity regime when applying for authorisation, and on an ongoing basis.

A Guide to Jersey Probate

Stamp duty is payable when an application for a Grant is made. The duty payable is calculated on the net value of the estate as at the date of death.

UK regulators call for improved value for money disclosures by DC pension schemes

The feedback statement follows up a discussion paper on value for money in DC schemes published in September 2021.

Reforming corporate criminal liability – reaction from Herbert Smith Freehills

The Commission does not recommend reliance on collective knowledge or corporate culture, but rather remains of the view that there should be an identifiable individual within senior management with the requisite culpability to attribute knowledge to the c

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