Dec 23, 2020 Climate and environmental risks to financial stability: updates from the ECB, EBA and FSB By Tom Rhodes Olga Sendetska According to the European Central Bank (ECB), most financial institutions do not have the tools to assess the impact of climate and...
Dec 22, 2020 Risks in joining the group register for claimants in consumer GLOs By James Roberts Rebecca Fenning In November 2020, the English High Court made a decision on the scope of common costs in Crossley& Ors v Volkswagen AG & Ors. The...
Dec 21, 2020 CFTC resolves first foreign corruption enforcement action By Adam Siegel Olivia Radin Kimberly Zelnick Mark Goldberg Andrew Bulovsky +2 more... Show less On December 3, 2020, the Commodity Futures Trading Commission (CFTC), in parallel with the Department of Justice (DOJ), settled charges...
Dec 21, 2020 Landmark COVID dispute: interpreting material adverse effect clauses By Kristin Lampe Tahleel Lateef Ali Kirby-Harris Matthew Bruce +1 more... Show less Freshfields has acted for WEX Inc. in successfully securing the acquisition of business-to-business (B2B) payments technology providers...
Dec 21, 2020 OPE springs eternal: UK Treasury calls for evidence on how financial services can be provided by overseas persons By Claire Harrop James Smethurst The UK has long allowed non-UK institutions to provide financial services to customers in the UK under a variety of different regimes. ...
Dec 18, 2020 Transforming public procurement – changes to the UK regulatory framework By Natalie Keir On 15 December, the UK government published its much anticipated Transforming public procurement green paper which sets out the...
Dec 17, 2020 2020: Another year of “firsts” for Hong Kong’s competition watchdog By Alexandra Malina Alastair Mordaunt 2020 has been the most active year yet for the Hong Kong Competition Commission: so far it has filed two enforcement actions before the...
Dec 16, 2020 A Christmas present from Brussels: The Digital Markets Act By Koo Asakura Sharon Malhi Rikki Haria The European Commission presented its widely heralded legislative proposals on regulating the role of so-called “gatekeeper” platforms on...
Dec 16, 2020 Procuring UK major projects: does the advent of “value-based procurement” herald a loosening of the public purse strings? By Robert Colvin Kate Gough Last week the UK government published its Construction Playbook which sets out guidance for the future sourcing and contracting of public...
Dec 15, 2020 Pension schemes: the new climate protectors? By Charles Magoffin Rebecca Webster Gareth Davies There is increasing focus on climate-related investment by pension schemes, an area which appears to be undergoing significant change....
Dec 15, 2020 US federal banking regulators joins the growing regulatory response to operational resilience By Rhodri Thomas Peter Jaffe Kimberly Zelnick Simon Orton Laura Feldman +2 more... Show less As we envisaged in our recent earlier blog post, the US Federal Reserve, Office of the Comptroller of the Currency, and FDIC have...
Dec 14, 2020 The bells are jingling (2) – do employees have a right to disconnect? By Jean-Francois Gerard Laura Llangozi Raquel Flórez Julia Förster Elodie Favre-Thellmann +2 more... Show less It is widely taken as a given that employees will have the right to disconnect over the festive season, particularly while on annual...