08/09/2021
OFSI imposes monetary penalty on fintech company for breach of financial sanctions
TransferGo is a UK company which carries out payment transfers.
08/09/2021
Across the world, governments are driving change in the ESG sphere and requiring greater accountability for ESG issues.
The European Union has in many respects been a first mover in global efforts to legislate on ESG. F
08/09/2021
Given the considerable legal uncertainty surrounding digital assets, the FMLC welcomes the Law Commission’s Digital Assets Project and the prospect of law reform.
08/09/2021
‘Comply or explain’ diversity targets proposed for UK listed company boards
The ‘comply or explain’ targets proposed by the FCA are for at least 40% of the board to be women; at least one senior board position to be held by a woman; and at least one board member to be from a non-white ethnic minority background.
08/08/2021
Feedback is requested by 17 September 2021.
08/08/2021
Whether these letters will undermine seriously the HSR Act review framework
08/08/2021
The Regulations are being issued two years after the promulgation of the National Payment Systems Act 2018 (NPS Act) in January 2019.
08/06/2021
The 2020 rule, previously covered by WBK here, amended the OCC regulation implementing the CRA.
08/06/2021
Additionally, the corporate governance section includes the requirements for the board of directors, internal audits, external audits, and risk management.
08/06/2021
One of the issues in dispute between the parties in SFO concerned the ownership of four Jersey situated properties and specifically, whether those properties belonged beneficially to a certain individual
08/05/2021
No changes have been proposed to the apprenticeship levy paid by the largest employers, through which the scheme is part-funded.
08/05/2021
The rationale for this change is to provide protection to investors at a stage when there is still limited public information available.
08/05/2021
An important element of Keepwell Deed is that the Chinese parent company undertakes obligations to its subsidiaries.
08/04/2021
This option raises some data protection and privacy issues and the Government makes it clear in its guidance to employers that they must adhere to data protection legislation.
08/04/2021
Indeed, Nikhil Rathi’s recent speech on transforming the FCA to being a more proactive and forward looking regulator warned that “firms should expect us to be even more rigorous on upholding high standards – especially on governance, con
08/04/2021
Inflationary effect on future fines
08/04/2021
There is much to gain in moving to a centralised approach for procurement for a buyer like central government.
08/04/2021
The bank claimed that its monetary policy would be flexible, targeted, reasonable and appropriate.
08/04/2021
The “Fit for 55 Package”
08/04/2021
South Africa has approved the first patent that identifies an AI as its inventor. It could unlock a new era of invention – and of intellectual property abuses.