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UK Government Lifts Ban on Onshore Wind

The new government has now revised the NPPF so that these two footnotes no longer apply.

CMA issues draft compliance advice for trader recommendation platforms

The draft guidance builds on the CMA’s ongoing work around greenwashing, online choice architecture, and online pressure selling tactics.

Updated criteria makes SCARP an option for a larger number of Irish companies

SCARP, which was introduced in 2021, aims to provide a cost-effective restructuring option for viable but insolvent companies.

Embracing the Future: Seychelles Introduces the Virtual Asset Service Providers Bill, 2024

The Virtual Asset Service Providers Bill, 2024, marks a significant milestone in Seychelles’ journey towards a secure, transparent, and innovation-friendly virtual asset ecosystem.

Malaysia’s anticipated open access power grid regime could pose challenges

Open access will also impact the pricing mechanism for the current Corporate Green Power Agreements

AI Act written into EU law as compliance clock ticks

The AI Act cleared the legislative process in May, ahead of the European Parliament elections, and has now been published in the Official Journal of the EU.

Irish firms must ensure transparent ESG reporting as CSRD comes into effect

The CSRD requires that companies report sustainability information in accordance with the European sustainability reporting standards

ECCTA: preparing for the new ‘failure to prevent fraud’ offence

There are a number of questions an organisation should seek to ask to understand what its ‘current state’ actually is

Enterprise Ireland (EI) introduces new standard-terms Convertible Loan Note (CLN) for companies

This convertible nature, alongside the interest rate dynamics, closely mirrors the flexibility and investor protection ethos present in the previous CCRP model.

Cayman Regulatory Update – Q3 2024

Amendments to AML legislation and recently issued regulatory measures from CIMA.

Judicial review

All public bodies and some other bodies exercising functions of a public law nature are susceptible to challenge by way of judicial review.

Regulatory & Risk Advisory Review: Cayman Islands – April to June 2024

Welcome to the second instalment of 2024 of the Regulatory & Risk Advisory Review.

‘Future Made in Australia’ package introduced to federal parliament

The proposed package also aims to establish the Future Made in Australia Innovation Fund

GDPR compensation rights clarified in EU court rulings

It is widely understood that the concept of ‘material’ damage refers to financial loss, but the meaning of ‘non-material damage’ has been less clear and, as a result, the subject of litigation.

Onshore wind development in England given government green light

The move is designed to support the new government’s aims of scaling up renewable energy generation in the UK – aims that include doubling onshore wind capacity by 2030.

EU law on the energy performance of buildings

Member states must then calculate national cost optimal levels

Proposed increase to employment tribunal award limits in Jersey

The recommendation to Social Security Minister Lyndsay Feltham by the Jersey Employment Forum

Irish Central Bank offers transparency to financial firms submitting authorisation applications

This is the first edition of what will be an annual report which will provide information regarding the Central Bank’s approach to authorisation of regulated firms in Ireland.

Court of Appeal clarifies level of particularisation required for civil fraud claim

The Court of Appeal upheld the High Court’s decision, which had dismissed Standard Chartered’s applications to strike out parts of the claim.

UK students’ group litigation order application fails

Law firms representing the students are seeking damages for the students to compensate them for that alleged disruption.

Government Regulation