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Government Regulation

08/03/2023

Hogan Lovells participates in first Pride Run in Luxembourg

The race was organised by the City of Luxembourg and ING, in partnership with IMS Luxembourg.

08/03/2023

Deadline for new UKCA product marking extended ‘indefinitely’

Recognition of the CE marking will now continue indefinitely for many goods on the market in Great Britain

08/02/2023

Home Office publishes new Statement of Changes to the Immigration Rules, effective from 17 July 2023

Only students on courses at degree level or above will be able to apply before course completion to switch to sponsored work routes, as long as their employment start date is not before their course completion.

08/01/2023

The Wait is Over - Vietnam's New Offshore Loan Regulations Will Take Effect on 15 August 2023

Despite banking community concerns that the revised lending regulations would significantly disrupt offshore lending

08/01/2023

Consumer Duty: ‘most significant change’ to UK financial services regulation in a decade comes into force

The duty requires financial firms to act in good faith, avoid foreseeable harm and enable and support their customers to achieve their financial objectives.

08/01/2023

Quarterly round-up of the recent investment funds updates in Guernsey

The Commission’s latest annual report highlights the increased risks faced by the financial services sector

08/01/2023

Does your college student need estate planning?

Everyone over the age of 18 should have a power of attorney for health care.

07/31/2023

Allen & Overy Warsaw launches new blog on employment law

Our employment law experts have extensive knowledge and expertise in various areas of employment law

07/31/2023

Supreme Court litigation funding ruling poses challenge for mass actions

The CAT ruled that the LFAs entered into by UKTC and RHA were not DBAs

07/31/2023

Businesses must review strike plans after agency worker ruling

The government introduced new regulations last year amid a wave of disputes over pay and conditions.

07/31/2023

The end of the road for retained EU law

The law will nevertheless make significant changes to the relationship between UK law and retained EU law

07/31/2023

Hong Kong cuts IPO settlement time

FINI will go live in October.

07/31/2023

Central Bank discussion paper on a macroprudential policy for investment funds

The purpose of this Paper is to advance the debate on a potential future approach to the development and operationalisation of a macroprudential framework for the investment funds sector.

07/28/2023

Domestic Abuse (Jersey) Law 2022 Comes into Force

The 2022 Law introduces the specific offence of “domestic abuse” to the Jersey statute book

07/28/2023

FCA consults on UK social media financial promotion guidance

The regulator is also consulting on extending its guidance to reflect the current ways social media is being used to advertise financial services and products.

07/27/2023

Amendments to the Disclosure (Bailiwick of Guernsey) Law, 2007

The introduction of GIMLIT could pose some real challenges for Guernsey, where proximity is close and finite resources means that MLRO's can often hold more than one appointment across groups/financial services businesses.

07/27/2023

Bond calls: taking action through emergency arbitrator proceedings

Emergency arbitration allows parties to seek urgent temporary interim and conservatory relief

07/27/2023

Risk retention requirements for securitisations finally there!

The long legislative process has led to some uncertainty in the market

07/26/2023

Systemic risk to drive FCA regulation of ‘critical third parties’

Principally this will be with the outsourcing firm, but we want to mitigate the potential systemic impact that could be triggered by a critical third party.

07/26/2023

HMRC barred from proceedings for failing to meet disclosure obligations

HMRC being barred from proceedings does not mean that these have come to an end: Ebuyer’s appeal against the VAT assessments can go ahead but HMRC is not allowed to participate any further in the proceedings.

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