Lloyds 3: GMP equalisation and past transfers
Speedy summary We’ve known since October 2018 that schemes must equalise for the effect of GMPs. The final judgment in the long running Lloyds Bank GMP equalisation saga looked at what this means for...
View ArticleWhat threat does mobile advertising fraud pose to an ever growing market?
Mobile advertising accounted for 56% of all UK corporate ad spending in 2019 at £8.78 billion [1]. With the mobile advertising market driving extraordinarily high revenues and companies committing...
View ArticleWhat trustees should do when members ask about their data a new code of...
At the end of October the Information Commissioner’s Office (ICO) issued its new statutory code of practice on data subject access requests (DSARs). Along with providing additional guidance and...
View ArticleInvestment Limited Partnerships (Amendment) Bill 2020
In this update we consider the Investment Limited Partnership (Amendment) Bill 2020 (the “ILP Bill”), which has been most recently passed by Seanad Éireann on 6 November 2020. The ILP Bill is...
View ArticlePlastic Packaging Tax Latest News
Despite the pressures of COVID the government is pressing on with many of its environmental initiatives including its world leading plastic packaging tax. In mid-November HMRC published its responses...
View ArticleUK: Contracts for Difference consultation response
On 24th November 2020, the UK Government published its much anticipated response to its consultation on proposed changes to the Contracts for Difference (CfD) scheme ahead of the fourth allocation...
View ArticleEducation briefing - Updated guidance published on the extended Coronavirus...
In our briefing of 3 November we referred to the UK Government’s announcement of the extension to the Coronavirus Job Retention Scheme (“CJRS”), initially until 2 December 2020. In that briefing we...
View ArticleSEC amends accredited investor definition - A comparative look at the...
On 26 August 2020, the United States Securities and Exchange Commission (SEC) amended the definition of “accredited investor” in Rules 215 and 501(a) of Regulation D of the Securities Act of 1933 to...
View ArticleTCFD - Financial Reporting Council Climate Thematic: all stakeholders must...
The U.K Government’s recently published TCFD[1]- interim report and roadmap announced its intention to make TCFD aligned disclosures mandatory across the economy by 2025, with a significant portion of...
View ArticleCoronavirus - Vaccination and employment in the UK - considerations for...
Understandably, there is currently much excitement about breakthroughs with several potentially effective Coronavirus (COVID-19) vaccines. However, the next crucial step will be about how to...
View ArticleCoronavirus - Disparate impact by reason of disability - UK
Following on from our earlier briefings in this series considering COVID-19 pandemic and diversity issues - Coronavirus: Disparate impact across ethnic backgrounds and
View ArticleCMA fines ComparetheMarket £17 million for breaching competition law through...
On 19 November 2020, the Competition and Markets Authority (“CMA”) fined ComparetheMarket over £17million for breaching competition law by imposing wide and restrictive most-favoured nation (“MFN”)...
View ArticleLawbite: Conclusive does mean Conclusive!
Sara & Hossein Asset Holdings Ltd v Blacks Outdoor Retail Ltd [2020] EWCA CIV 1521 The Court of Appeal has overturned the High Court’s earlier decision and upheld the ‘natural meaning’ of a clause...
View ArticleBrexit: EU Nationals working in the UK what does this mean for employers...
The UK left the European Union (EU) on 31 January 2020 and the end of the Brexit transition period will soon be upon us on 31 December 2020. Businesses in the UK life sciences sector employ a large...
View ArticleProtecting your scheme against sponsor distress
The Pensions Regulator (TPR) has published new guidance emphasising the need for defined benefit (DB) pension scheme trustees to put in place structures/information flows to allow them to spot emp...
View ArticleTrademark application and registration in South Africa
What to file as a trademark? A trademark can be any sign or symbol that distinguishes ones goods or services from the competing goods or services of another. One can file a word trademark (plain...
View ArticleTrump Administration bans transactions involving publicly traded securities...
On 12 November, 2020, President Trump issued an executive order (Order) prohibiting US persons from dealing in publicly traded securities of certain Chinese organisations. The Order, which goes into...
View ArticleTrump Administration bans transactions involving publicly traded securities...
On 12 November, 2020, President Trump issued an executive order (Order) prohibiting US persons from dealing in publicly traded securities of certain Chinese organisations. The Order, which goes into...
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