07/04/2022
TISE update to Continuing Obligations Listings Rules - July 2022
The submission of financial information by an issuer on an annual basis has been streamlined.
Government Regulation
07/01/2022
Baker McKenzie Announces 75 Partner Promotions & 41 Lateral Hires
The 75 home-grown partner promotions are across 25 jurisdictions globally
07/01/2022
The FCA issues a warning to lenders on treating borrowers fairly in a changing landscape
The purpose of the letter is to remind lenders that they should provide support to struggling borrowers which is tailored to their specific circumstances and only charge them fees which are fair and that cover the firm’s costs.
07/01/2022
Global Brands – common law foreign recognition regime is alive and well, with a new COMI test introduced
The new approach for assessing whether a foreign insolvency proceeding should be recognised
07/01/2022
Quincecare duty claim fails as fraud was not proven
However the Court gave guidance on the duty’s scope, including that a Bank must be on notice of the specific fraud committed at the time of the payment.
07/01/2022
New regulations solve cross-border hybrid hearing issues
As a result, fully remote hearings could be live streamed with the permission of the court. However, these provisions did not apply to hybrid hearings.
07/01/2022
Whose ‘best interests’ are really at heart in the UK Court of Protection?
With this approach there is far more room for discourse and nuance.
07/01/2022
Shoosmiths part of coalition launching new plans for town centre revival
The coalition includes the British Property Federation, charitable trust Power to Change, local government network, New Local, Radix and members of the High Street Taskforce.
07/01/2022
The Bill of Rights: A new era for human rights and employment law?
The European Convention on Human Rights is an internationally binding treaty, which sets out minimum international standards for the protection of human rights.
06/30/2022
Charities warned to expect extra scrutiny from the public during the UK cost-of-living crisis
As a result, the financial management of charities is likely to be the subject of intensified public and media attention as society faces “one of the toughest economic climates in a generation”.
06/30/2022
Singapore releases guidelines for first sovereign green bond issuance
Profits from the green bonds issued under the guidelines will be used to fund expenditures to support the Singapore’s green plan 2030.
06/30/2022
Ministers unveil reforms to UK’s anti-money laundering regulations
Pencheva said: “This requirement is a quasi-‘change in control’ process for cryptoasset firms."
06/30/2022
New UK data mining copyright exception ‘welcome news’ for AI developers
The government also confirmed that there were no planned changes to UK patent law for AI-devised inventions.
06/30/2022
New heat network zoning proposals ‘key’ to reaching UK’s net zero goals
Using large-scale renewable and recovered heat sources in this way - such as waste heat from industry and heat from rivers and mines - could help reduce reliance on fossil fuel-based methods of heating.
06/29/2022
Simplification of UKCA product marking process ‘cautiously welcomed’
The new mark covers most goods which previously required the ‘CE’ marking and reverse epsilon markings that are applied to products in the European Union.
06/29/2022
UK Building Safety Act’s impact on defective premises claim limitation periods
The reform, one of the most controversial aspects of the BSA, will require businesses in the construction industry to review their positions under the new regime.
06/29/2022
Implementation of the EU Directive on Transparent and Predictable Working Conditions
Employers should plan to review their template contracts of employment to ensure consistency with the Directive.
06/29/2022
Harneys advises on the BVI FSC’s second successful admission to the Regulatory Sandbox
Structure.fi is opening the product to a growing number of participants; obtaining real time feedback from users in order to bring a product to market that fulfils their commitment to create a platform that works for the broadest range of potential invest
06/28/2022
The Bill of Rights Bill: an overview
The Bill confers no new rights.
06/28/2022
Report provides insight into first three months of UK’s new national security and investment regime
Under the 2021 National Security and Investment Act (NSIA), businesses and investors must notify the government of certain ‘notifiable acquisitions’ that relate to 17 sensitive areas of the economy.