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Government Regulation

10/02/2023

The Prevention of Discrimination (Guernsey) Ordinance, 2022

Where a person with a protected ground is employed to do work that is equal to that of a comparator

09/29/2023

Professional sports may run afoul of privacy law in collecting player biometric data

The FIFA Data Ecosystem, which includes optical tracking systems, provides a live feed of data to a range of sources including teams, media, broadcasters and competition organisers.

09/29/2023

New corporate governance framework for Cayman managers and funds

CIMA’s Rules impose binding obligations on regulated fund entities and violations may result in administrative fines or regulatory actions.

09/29/2023

Draft legislation envisages Ireland’s first electronic health information system

Ireland’s current health information system lags behind comparable countries

09/29/2023

DIFC sets out AI requirements in updated data protection regulations

The updated regulations have introduced the new concept of a “temporary custodian” of “inadvertently obtained information”

09/28/2023

Cayman Islands regulated funds – CIMA regulatory measures effective October 2023

It is likely that in practice, many regulated entities are already partially, if not fully, operationally compliant with the regulatory measures.

09/28/2023

UK regulators’ diversity plans for finance industry

Firms will have to report to the FCA each year on progress in relation to age; sex or gender; disability; ethnicity; religion, and sexual orientation.

09/28/2023

FCA outlines UK retail and wholesale insurance market regulatory priorities

The letter showed the FCA’s readiness to take enforcement action against firms and senior managers for failings.

09/27/2023

New Rules on Corporate Governance and Internal Controls: Deadline of 14 October 2023 to Demonstrate Compliance

Insurers should also review their reinsurance arrangements and strategy against the revised Rule and Statement of Guidance on Reinsurance Arrangements, which comes into effect in May 2024.

09/27/2023

FCA expects boards to drive good outcomes for insurance customers

Insurance firms should embed FCA rules as part of their culture, rather than simply consider them a box to be ticked off to avoid FCA enforcement action.

09/26/2023

Sami Benbatoul Called to the Manx Bar

Sami joined Appleby’s Advocate Training Programme in 2021

09/26/2023

New right to request a predictable work pattern in the UK

The regime could be used by those who work shifts that change from week to week or are engaged on an ad hoc basis and would like more regularity.

09/26/2023

National minimum wage exemption for domestic workers in the UK ends

There is an exemption from paying the NMW that applies to domestic workers who live in the employer’s family home and are treated as members of the family.

09/26/2023

New ICO guidance on processing health data in the UK

This follows a consultation with employers and other interested parties on the draft guidance.

09/26/2023

UK parliamentary committees highlight ongoing copyright challenges for AI policy

The committee’s high-level report identifies 12 ‘challenges’ of AI governance that policymakers should address to secure public safety and confidence in AI.

09/25/2023

Guernsey's fast track application regime for managers of overseas funds

Mancos are able to expedite this process using a fast track regime for managers of overseas funds.

09/25/2023

Delaware Becomes the 12th State to Enact Comprehensive Privacy Law

The DPDPA provides consumers with the same core rights as the other state laws

09/25/2023

The Government provides further clarity on the future of insolvency regulation in the UK

The Response proposes changes to the current framework which aim to address loopholes and weaknesses

09/25/2023

FCA sets out priorities for life insurance to 2025

The FCA published recent guidance to support firms in getting closer to the advice/guidance boundary in an effort to support customers.

09/25/2023

Privy Council provides update on setting aside judgments and settlements for fraud

The Privy Council stressed that a party to new proceedings should not be permitted to raise in those new proceedings matters which should and could have been raised in earlier proceedings.

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