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Instep Magazine - Summer 2018 - FE Version

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Disrupted development? The role of technological change in economic development

A recent paper written by two researchers from Kings College London, titled “The Rise of the Robot Reserve Army: Automation and the Future of Economic Development, Work, and Wages in Developing...

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M&A - risks and opportunities from an IT perspective

Whatever the sector, technology is critical to business. When considering organisational change, through acquisition, merger or disposal, the effect on IT provision is something that should be front...

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The Financial Conduct Authority (“FCA”) consults on the proposed new Payment...

On 1 August 2018, the FCA published a consultation paper on general standards and communication rules for the payments services and e-money sectors (CP18/21). The proposed changes will be made through...

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UK could take unilateral action on digital tax in 2018

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Lawbite: Keep Droning On

Amendment to the Air Navigation Order 2016 affecting the use of drones Relevant background: New laws came into force on 30 July 2018 which prohibit drones from flying at a height above 400 feet or...

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A new era for disclosure

Disclosure pilot scheme given green light New disclosure rules have been approved by the Civil Procedure Rules Committee (CPRC). Subject to ministerial consent, the new rules will be trialled during a...

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Employment case studies – South Africa

Welcome to our employment case studies feature. Drawing on our team’s experience, our aim is to keep you up to date with recent key developments to help you manage your employment challenges. We do...

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Brexit and REACH update: does your supply chain involve the UK?

Brexit is not just a UK issue. If you have EU operations and your supply chain involves the UK, then you will need to consider the impact of Brexit on that supply chain. With a no-deal Brexit looking...

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Corporate Claims Bulletin - July 2018

LIABILITY Barclays Bank PLC v Various Claimants (2018) This case arises out of various allegations of sexual assault against Dr Bates who carried out medical examinations on prospective members of...

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Enforcing suspended possession orders

Is permission from the court still required? The Civil Procedure Rules Committee have approved changes to CPR 83.2(3)e relating to whether permission is required to apply for a warrant for possession...

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Beyond the cliff edge: Sale of EU27 funds in the UK post Brexit

HMT recently published a draft statutory instrument setting out the mechanism for how it intends to implement its temporary permissions regime. The FCA followed this up with a statement on its website...

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Corporate Crime Reporter - Double Jeopardy In Corporate Crime Cases

Eversheds Sutherland Partner Sophie Scemla comments on Double Jeopardy In Corporate Crime Cases The French Supreme Court in March confirmed the first conviction of two entities for bribery of a public...

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The chicken or the egg? Fraudulent misrepresentation and an analysis of...

The recent Commercial Court judgment of Nederlandse Industrie Van Eiprodukten v Rembrandt Enterprises, Inc. [2018] EWHC 1857 (Comm) reaffirms the earlier decision in Raiffesien Zentralbank v Royal...

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Major change with respect to the termination of fixed duration contracts of...

The decision of the Supreme Court of Mauritius in the case of De La Haye v. Air Mauritius Ltd 2015 SCJ 244 has been reversed by the Judicial Committee of the Privy Council (JCPC) and there has been a...

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Investment Review in Germany: It has been one year.

On 18 July 2018 it has been a year since the German government reformed investment of the acquisition of domestic companies by foreign buyers. The new regime has not attracted much attention until its...

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Eversheds Sutherland Financial Services Brexit round up week commencing 27...

While the politicians may be away, the apparatus of government and the industry bodies are certainly not at play, with key announcements, reports and draft secondary legislation released in the last...

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Government publishes first set of technical notices on how to prepare for a...

Introduction On 23 August 2018 the Government published the first 25 in its series of technical notices setting out information to allow businesses and citizens to understand what they would need to...

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The key to supply chain transparency? The pros and cons of blockchain

Background In the first article of our blockchain series, we explained how the use of blockchain technology could offer greater transparency to the participants at the various levels of a supply...

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Brexit & Trade: UK Government Releases Practical Guidance for Businesses

On 23 August 2018 the UK Government released the first instalment of a series of reports on the impact of a ‘no deal’ Brexit (i.e. leaving the EU without a trade agreement in place) and the necessary...

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