Jul 30, 2021 UK Supreme Court re-affirms that liquidated damages provisions survive termination of a contract By Jack Helyar At A Glance This past month, the Supreme Court overturned the Court of Appeal’s decision in Triple Point Technology Inc v PTT Public...
Jul 30, 2021 FCA Business Plan 2021/2022: is the regulator set to continue its assertive streak? By Christopher Robinson Charles Mondelli Emilio Salice The FCA has published its business plan for 2021/2022. This sets out its priorities for the coming financial year (and beyond) and is...
Jul 30, 2021 The SFO's 10th DPA – the price of right (and wrong) – Part 1 By Katie Palms Olivia Swales First instalment On 1 July 2021, the Serious Fraud Office (SFO) entered into its 10th deferred prosecution agreement (DPA)...
Jul 29, 2021 FCA’s “Dear CEO” letter on AML failings at UK Firms By Christopher Robinson Laura Feldman FCA sets out themes it has identified from recent assessments of retail banks’ financial crime systems and controls The FCA has...
Jul 26, 2021 EBA publishes revised guidelines on sound remuneration policies By David Mendel Kate Pumfrey Amy Rentell Alice Jenner +1 more... Show less On 2 July 2021, the European Banking Authority (EBA) published the final report on its guidelines on sound remuneration policies...
Jul 26, 2021 UK Pension Schemes Act 2021: moral hazard powers update By Dawn Heath Tharusha Rajapakse Eloise Rennie At a glance Over the last few weeks there have been two key developments in relation to the widening of the UK Pensions Regulator’s (the...
Jul 22, 2021 UK Government consults on major shake-up of competition and consumer law regimes (part 2) By Simon Duncombe Cat Greenwood-Smith Alex McGregor Proposed reforms to consumer law and enforcement The Government has published its long awaited consultation on a wide range of proposals...
Jul 22, 2021 UK Government consults on major shake-up of competition and consumer law regimes (part 1) By Sharon Malhi Sarah Jensen Rikki Haria Fredrik Hellstrom George Lumbers +2 more... Show less Proposed reforms to competition regime and powers for new Digital Markets Unit The UK government has proposed an extensive set of reforms...
Jul 20, 2021 EU publishes legislative package to overhaul anti-money laundering and counter-terrorist financing legislation By Marcel Michaelis Daniel Travers Marius Raetz Janina Heinz Victor Garcia Lopez Eugene McQuaid +3 more... Show less Combating money laundering has long been high on the EU’s legislative agenda. In our May 2020 blogpost, we outlined the European...
Jul 19, 2021 Whistleblowing in the EU – less than six months to go before the directive’s implementation deadline! By Jean-Francois Gerard Holly Insley Thomas Granetzny Laura Llangozi +1 more... Show less 2021 is an important year for speak up culture in Europe as member states are due to implement the 2019 EU directive on whistleblower...
Jul 16, 2021 WorkLife2.0: step 4 of the UK government's roadmap – a gradual return to the workplace? By David Mendel Amy Rentell Last week, the UK Prime Minister confirmed that step 4 of the 'roadmap', a step-by-step plan to ease COVID-19 restrictions in England,...
Jul 16, 2021 German financial supervisor as consumer protection enforcer – recent judgment stresses the priority of the Federal Court of Justice’s case law By Hans-Ulrich Klöppel Alexander Glos The German financial supervisor BaFin is becoming increasingly involved in the enforcement of consumer protection legislation. For...