FCA discovers the staying power of insolvency proceedings
Re Carillion Plc (in liquidation) [2020] EWHC 2146 (Ch) In January 2018 Carillion entered into compulsory liquidation – the largest ever trading liquidation in the UK. Under s130(2) Insolvency Act...
View ArticleFOCUS ON: Sterling LIBOR Transition Five questions about the Q3 2020...
1. What are the milestones? The Working Group on Sterling Risk-Free Reference Rates (the “Working Group”) has recommended that: by the end of Q3 2020 (ie 30 September 2020) lenders should be in a...
View ArticleFCA TPR notification window re-opens
The FCA updated its temporary permissions regime ("TPR") pages to announce that it is re-opening the notification window with effect from today, 30 September 2020, to allow firms and fund managers...
View ArticleUK labour law quarterly update - September 2020
Welcome to our September UK labour law quarterly update. In this edition we review recent key labour law developments and highlight our latest publications, training and events. News round-up Labour...
View ArticleDraft of an EU-Regulation on Markets in Crypto-Assets (MiCA)
Following a public consultation conducted in March 2020, the EU commission has published a proposal for a Regulation of Markets in Crypto-Assets (‘MiCA’). The objective of MiCA is to har-monise the...
View ArticleIntroduction of Green Gas Levy
On 22 September 2020, the UK Government published an open consultation outlining their intention to introduce a Green Gas Levy. The money collected would be used to fund the Green Gas Support Scheme,...
View ArticleEducation briefing - UK quarterly employment update
Changing direction? Employment update July to September 2020 - a backward glance
View ArticleIs the Pen Still Mightier than the e-Sword? Adoption of e-Signature and...
Introduction This article is intended to be read in conjunction with my article published in the September 2019 edition of Irish Tax Review, which sought to explain the grounds for the growing use of...
View ArticleAppetite for disruption?
As you cancel next month’s train tickets and retreat into the spare bedroom, you might be mistaken for thinking the Government have been oblivious to the impact of another six months of all this on...
View ArticleWorkplace Relations Commission granted authority to hold remote hearings on...
Minister for Enterprise, Trade and Employment, Leo Varadkar TD (the “Minister”), last week signed an order (the “Order”) authorising the Workplace Relations Commission (WRC) to conduct its hearings...
View ArticleProposal for an EU-pilot regime on DLT market infrastructures
As part of its Digital Finance Strategy, the EU commission proposed a pilot regime in form of a Regulation to remove obstacles under the current framework to the implementation of Blockchain and...
View ArticleGlobal workforce reorganization part 5: discrimination, diversity and...
Workforce restructuring raises a number of significant legal issues, whether that restructuring is altering working arrangements and terms, merging businesses, moving to lower-cost jurisdictions,...
View ArticleEducation briefing - Possession Proceedings and Rent Recovery During the...
Introduction Since March this year, various new laws have been implemented in England to mitigate the increasing effects of the coronavirus pandemic. This has necessarily had a considerable impact on...
View ArticleSix month notice periods for property funds? A closer look at CP20/15
Introduction After several months’ hiatus the Financial Conduct Authority (“FCA”) has returned to its pre-pandemic focus on open-ended fund liquidity. On 3 August 2020 the regulator published a new...
View ArticleReporting compliance with CMA Order
In 2019, in response to concerns about the fiduciary management and investment consultancy markets, the Competition and Markets Authority
View ArticleEstablishing and developing data centres in the Netherlands
Threats as well as opportunities The digital lead enjoyed in the Netherlands for the establishment and development of data centres is under threat. The exponential rise in digital traffic means that...
View ArticleThe UAE introduces new economic substance regulations
On 10 August 2020, the UAE Cabinet issued Cabinet Resolution No. (57) of 2020 concerning Economic Substance Regulations (the “ESR”) which repeals and replaces the previous set of regulations issued...
View ArticleLawbite: Protection from Irritancy extended
Coronavirus (Scotland) Acts (Amendment of Expiry Dates) Regulations 2020 (SSI 2020/299) Both the UK and the Scottish Government introduced measures to give private and business tenants temporary...
View ArticleFrom turbulence to transformation a time to re-think real estate
Real estate is at the centre of the COVID-19 revolution. That’s inevitable - because everything that ever happens to you, or to your business, happens in real estate. No one ever got married in a...
View ArticleReverse solicitation in the Netherlands
Passive servicing (reverse solicitation) by UK financial services firms to be prohibited in the Netherlands after the end of the transitional period Introduction The Dutch Central Bank (“DNB”) has...
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