11/20/2023
UK Corporate Governance - autumn 2023 update
This update notes recent developments showing the Government's aim to reduce corporate governance requirements on listed and larger private companies.
Government Regulation
11/20/2023
New DIAC rules further promote mediation in the Middle East
New mediation rules, developed by the Dubai International Arbitration Centre (DIAC), came into effect on 1 October 2023 (the DIAC Mediation Rules).
11/20/2023
German Energy Efficiency Act enters into force
With the entry into force of the legislation, energy efficiency requirements for the construction and operation of data centres are now binding.
11/20/2023
Caught in the middle: approaches to child relocation in England and Wales, Singapore and Hong Kong
England and Wales, Hong Kong and Singapore all attract multicultural families
11/16/2023
New requirements under the UK Data Protection and Digital Information Bill
An important aim of the DPDI Bill is to make compliance with the General Data Protection Regulation (GDPR) easier
11/16/2023
US Corporate Transparency Act – what does it mean for your charity?
The CTA requirements were enacted as part of the National Defense Authorization Act of 2020 to combat corruption, money laundering, and terrorism financing
11/16/2023
New inquiry into the use of sub-contractors by fundraising agencies in the UK
The standards which apply to all fundraising are set out in the Fundraising Code.
11/16/2023
Losing the faith? Implied term of good faith rejected in Jersey contract law
The Royal Court therefore concluded that there was no Jersey authority which stated definitely that an implied term of good faith is a part of every Jersey law contract.
11/16/2023
Herbert Smith Freehills unveils the 3rd edition of its practical CSR guide for listed companies
Companies must today comply with new obligations arising from increasingly dense and complex national and international norms, standards and good practices.
11/16/2023
UK offshore wind auction price cap increased
The government has confirmed price cap rises for other renewable energy technologies too, ahead of the sixth round of the renewables Contracts for Difference (CfD) auction in 2024.
11/16/2023
Dutch law regulating ‘turbo liquidations’ takes effect
Dutch law provides that a company can be dissolved through a resolution of the general meeting to that effect
11/15/2023
LMA Guide to Sustainability-Linked Leveraged Loans
This follows revisions to the Sustainability-Linked Loan Principles ("SLLPs") in February 2023.
11/15/2023
BoE and FCA publish proposals for UK stablecoin payment regime
Stablecoins are a form of digital assets that purport to maintain a stable value relative to a fiat currency by holding assets, which may be of variable value, as backing.
11/15/2023
Firm Is Honored With Animal Law Pro Bono Achievement Award
Latham was recognized at the 2023 Animal Law Conference for the firm’s pro bono work on behalf of the Animal Legal Defense Fund.
11/14/2023
Data Protection for Cayman Islands investment funds
Where a data controller engages a third party (such as an administrator or investment manager) to process personal data on its behalf, the data controller must ensure the third party complies with the eight data protection principles.
11/14/2023
Collas Crill Advocates admitted to Guernsey Bar
Before joining Collas Crill Amy spent two years specialising in financial crime prevention at a private bank.
11/14/2023
Spain legislates for first EU AI Act regulatory sandbox
The Royal Decree also establishes the creation of an AI advisory committee made up of independent technical experts.
11/14/2023
FCA shows ‘assertive and intrusive’ supervision in letter to wealth managers and stockbrokers
The FCA warned in its letter that it will consider in future engagement whether firms have taken appropriate action to rectify the root cause of any issues
11/13/2023
Legal challenge to Scotland’s rent cap rejected
The failed challenge means landlords will continue to be liable for increased damages for unlawful evictions of up to 36 months’ worth of rent.
11/13/2023
Higgs & Johnson Provides a Superior Client Experience
The Commercial practice was praised for its ‘capacity to service a mixed clientele