Changing overnight: ISDA 2021 EONIA Collateral Agreement Fallbacks Protocol...
On 18 August 2021, the International Swaps and Derivatives Association Inc., (“ISDA”) published the ISDA 2021 EONIA Collateral Agreement Fallbacks Protocol (the “EONIA Protocol”). The EONIA Protocol...
View ArticleThe Netherlands: revised bill on national security screening regime published
In December 2020 we reported about the ENSRA, recently a revised version of the ENSRA was sent to Parliament: the Investment Screening Act bill (Wet Veiligheidstoets Investeringen, Fusies en Overnames,
View ArticleThe Immigration (Amendment) Ordinance 2021 Increased Penalties for...
The Immigration (Amendment) Ordinance 2021 (“IAO 2021”) was passed by the Legislative Council on 28 April 2021 came into force on 1 August 2021. One of the major amendments under the IAO 2021 concerns...
View ArticleThe Employees Compensation (Amendment) Ordinance 2021 gazetted Expansion...
The Employees' Compensation (Amendment) Ordinance 2021 (the “Amendment Ordinance”) was gazetted on 30 April 2021 and has come into force on 2 July 2021. The Amendment Ordinance extends the protection...
View ArticleHong Kong Court of Appeal moves away from the genuine pre-estimate of loss...
A recent Hong Kong Court of Appeal decision (Law Ting Pong Secondary School v Chen Wai Wah, [2021] HKCA 873) confirms that the modern approach on penalty clauses as laid down in the UK Supreme Court...
View ArticleCoronavirus - Employment law update - the Netherlands
On 27 February 2020, the first patient was diagnosed with the coronavirus (CoVID-19) in the Netherlands. After a decrease in confirmed cases (and the accompanying relaxation of measures) in the months...
View ArticleScotland will establish its own judge-led public inquiry into the handling...
Scotland’s first minister, Nicola Sturgeon, has announced that Scotland will establish its own judge-led public inquiry into the handling of the coronavirus pandemic. In April this year, she expressed...
View ArticleUKCA Product Safety Marking Deadline Extended
The UK Government has just announced that it is extending the deadline for businesses to apply the UKCA mark to products by an additional year. This means that the UKCA mark will now need to be...
View ArticleWhat happens to a surety obligation when the principal debtor is in business...
During the past two years, the courts and the Companies and Intellectual Property Commission have seen a significant increase in the number of business rescue applications. As a consequence of the...
View ArticleData Sharing between public bodies: Five key updates
The 7 July 2021 marked the date on which a significant number of sections of the Data Sharing and Governance Act 2019 commenced (the “Act”). With the exception of subsections (2) and (3) of Section 6,...
View ArticleQuarterly Horizon Scanning booklets Complaints Handling, Financial...
You can download our Quarterly Horizon Scanning booklets below: Litigation and Dispute Management Complaints Handl...
View ArticleFraud in cryptoassets proper place to be tried?
Background In our February 2021 briefing regarding ‘Persons Unknown’ litigation1 (where, initially at least, it is not possible to identify the likely defendants to a fraudulent action), we discussed...
View ArticleArrival of the PIPL: Consolidating the personal information regime in...
The widely-anticipated People’s Republic of China Personal Information Protection Law (“PIPL”) was finally passed on 20 August 2021, and will come into effect on 1 November 2021. The PIPL...
View ArticleReal estate transfers in the Czech Republic | Common mistakes and Invitation...
In the Czech Republic transferring real estate is an extremely formal and complex matter. In this article, we summarise the basic steps for acquiring real estate and share a few tips on how to avoid...
View ArticleReal estate transfers in Poland | Common mistakes and Invitation to a webinar
Purchase of real estate is a transaction burdened by numerous limitations under the laws applicable. There are various aspects that shall be taken into consideretion not only at the stage of the sole...
View ArticleAmendment to the Act on the Residence of Foreign Nationals
Overview of the most important changes An amendment to the Act on the Residence of Foreign Nationals came into effect on 2 August 2021, introducing a number of significant changes. See the key changes...
View ArticleFurther obligations of an information officer
The Minister of Justice and Correctional Services has passed regulations in terms of the Promotion of Access to Information Act, No. 2 of 2000 (“PAIA”). The regulations were published in the...
View ArticleThe UK FCAs review of AFMs assessments of value for asset managers
The findings of the recent FCA multi-firm review of Authorised Fund Managers’ Assessments of Value are less than effusive. There is much for AFMs to consider and little time in which to consider it....
View ArticlePure Legal cases dismissed on limitation grounds - UK
Richard Colborn and Cathy Colborn (“Claimants”) v Albany Park Limited (“Defendants”) The last 12 months have seen a significant increase in mortgage “mis-selling” claims and letters before action,...
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