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Sale at an undervalue?

Summary: Two recent decisions considered the equitable duty owed by both mortgagees and receivers to mortgagors (in the context of a power of sale[1]), to take reasonable care to obtain the best price...

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Court of Appeal rules on rest breaks

The Court of Appeal has today ruled that where a worker is entitled, under the Working Time Regulations 1998 (WTR), to ‘compensatory rest’ instead of a 20 minute uninterrupted rest break, the rest...

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Case C-260/17, Anodiki Services EPE: interpreting the scope of the...

Case C-260/17, Anodiki Services EPE1: interpreting the scope of the “employment contracts” exemption under EU procurement legislation Introduction The judgment relates to a request for a preliminary...

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Government launches two consultations: on confidentiality clauses and the...

Government launches two important consultations: over the use by employers of confidentiality clauses and the extension of off-payroll rules to the private sector from April 2020 The Government has...

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Government launches consultation on measures to prevent misuse of...

The Government has published an important consultation document this week aimed at increasing protection for employees in relation to the use of confidentiality clauses in contracts of employment and...

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Investor's Legal Brief, February 2019

1.    The Law on Trademarks amendments came into forceOn January 1, 2019 a new Lithuanian law on trademarks entered into force. The law significantly amended many aspects of trademark regulation in...

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Revisiting NPPF Shale Oil and Gas Policy: Unlawful Consultation and...

The adoption of the NPPF’s positive policy for the exploration and extraction of on-shore oil and gas in the NPPF will have to considered afresh by the Government. The policy was challenged on behalf...

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India – New regulation for Significant Beneficial Owner (“SBO”)

The amendment to section 90 of the Companies Act 2013 and the corresponding Rules is now applicable and has been made effective for all companies by the Ministry of Corporate Affairs of India (MCA) on...

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Oman: Rooftop Solar Scheme Update – Sahim II

Oman is currently consulting on the proposed expansion of its rooftop PV scheme called “Sahim”, with the proposed commencement of the “Sahim II” phase of the initiative. We published a bulletin at the...

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The FCA’s work on motor finance – the final report

The Financial Conduct Authority (“the FCA”) has published its final report

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The Prime Minister’s offer on workers’ rights: workplace implications

Ahead of this week’s vote on the Prime Minister’s EU Withdrawal Bill, the government announced new proposals on workers’ rights after Brexit. Seen by some as an effort to court Labour MPs’ support for...

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Focus required: UK’s ‘fragmented’ AML supervision must be improved, and...

On 8 March 2019, the Treasury Committee published its Report on Economic Crime – anti-money laundering supervision and sanctions implementation. Following their wide-ranging review of current AML...

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UK pensions speedbrief: Greater expectations - the Pensions Regulator’s...

In what has become an early spring tradition, the Pensions Regulator recently published its annual funding statement for 2019 (the Statement). The general themes are familiar but the statement is more...

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The FCA’s Directory of financial services workers: no place to hide?

The FCA has published its final rules in PS19/7 on its proposed new online Directory of financial services workers, which is expected to go live in 2020. The Directory will sit alongside the Financial...

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Budget Speech Highlights for 2019

The South African Minister of Finance, Tito Mboweni presented his 2019/20 Budget Speech on 20 February 2019. We set out the main points of interest arising from the Budget Speech below. The Minister...

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UK competition regime set to become stricter and more burdensome for...

The UK’s departure from the EU is set to lead to a significant change to the UK’s overall approach to competition law. Currently, the UK is required to retain close alignment with EU competition law,...

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Italy: RES1 Decree - Update

The Italian Renewables Decree, as amended (the “RES1 Decree”), is expected to come into force soon. The final draft is currently being reviewed by the EU Commission in Brussels, Belgium, and has...

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Game changer or small beer for cross-border fund distribution in the EU?

The legislative package on which political agreement was reached on 5th January 2019 was originally presented by the European Commission in March 2018 with the aim of reducing regulatory barriers to...

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House of Lords Select Committee on the Bribery Act 2010: Post Legislative...

The House of Lords Select Committee on the Bribery Act 2010 has published its much-anticipated report, concluding that the Act is “an exemplary piece of legislation”. It has also set out a number of...

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UK: Tempus Energy UK court challenge, alleging failure to suspend the...

On 5 March, Tempus Energy filed a judicial review claim against the Government in the English High Court. Tempus is alleging that the Government has failed to suspend the Capacity Market despite the...

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