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EU Artificial Intelligence Act - what has happened so far and what to expect next
In April 2021, the European Commission set out its proposal for a legal framework in a new Artificial Intelligence Act (“AIA”) in an...
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FRC update on UK Corporate Governance Code reporting
Last week, the Financial Reporting Council (FRC) published its Annual Review of Corporate Governance Reporting. It's the second time that...
Purpose - The Pinnacle of Responsible Business
The recent report analysing findings from the Professional Services Purpose Survey explores the journey from corporate social...
You've been scammed - how do we address the growing problem of APP fraud?
Authorised Push Payment (APP) scams are schemes by which fraudsters deceive account holders into willingly transferring sums of...
What is a data transfer under GDPR? EDPB aims to clarify with new guidance on international transfers
The European Data Protection Board (‘EDPB’) has published draft guidance on international transfers of personal data (‘International...
Industry views sought on the Commercial Rent (Coronavirus) Bill
On 9 November 2021 the Government introduced the Commercial Rent (Coronavirus) Bill (the "Bill").
The aim of the Bill is to...
Takeover Panel publishes Panel Bulletin on irrevocable commitments and letters of intent
The Takeover Panel has published Panel Bulletin 3 which covers the operation of Rule 2.10(c) of the Takeover Code.
A recent...
New transfer requirements: an extra step for professional trustee companies?
Earlier this month, the Government passed the long awaited Occupational and Personal Pension Schemes (Conditions for Transfers)...
Smart Contracts - does the law need reform? The Law Commission reports its findings
The Law Commission of England & Wales has published a detailed analysis of the application of the existing law to smart contracts and...
FCA proposes default investment options and cash warnings for non-workplace pensions
FCA are consulting (CP21/32) on measures to help consumers manage their non-workplace pensions.
More consumers are buying...
Positive news for tidal stream energy
This Government announcement ringfencing an amount in the contract for difference (CfD) allocation process for tidal stream is very...
IOSCO final report and recommendations on ESG ratings and data products providers
Written by Zhuan Faraj
On 23 November 2021, the International Organization of Securities Commissions (“IOSCO”) published its final report...
Net Zero Estate Playbook - published
The Government Property Function has adopted the really practical "playbook" format for the Net Zero Estate Playbook published today.
Navigating through these uncertain times: what should Trustees consider?
For trustees of many pension schemes, the last couple of years have presented some unique and challenging circumstances (virtual trustee...
Consultation on the Fraud Compensation Levy – a missed opportunity?
At the start of this month, the Government launched a consultation that proposes increasing the Fraud Compensation Levy (FCL) to 65p per...
Calls for a clear strategy on rail fare reform
The Built Environment Committee has called on the Government to set out its strategy for rail fare reform, asking for a “coherent vision...
The Integrated Rail Plan for the North and Midlands: what will it deliver?
On 18 November 2021, the Government unveiled its long-awaited £96 billion Integrated Rail Plan (IRP).
The new plan represents a...
It started with a ... 'witness statement'
If you google the sentence ‘being asked to’ then I’m sure the words ‘godparent’ ‘bridesmaid’ ‘best man’ may produce a result. Being asked...
Artificial intelligence - do you know the risks?
As part of developing an AI Risk Management Framework, the US National Institute for Science and Technology (NIST) has published a draft...
The Burges Salmon Pensions Pod – pensions news, insights and tips for trustees and employers
Did you know we have launched a podcast on pensions?
In each short episode (10-15 mins), Helen Cracknell and I break down a hot topic in...
Proposed ban on debt packager referral fees
The FCA has proposed a ban on debt packager firms receiving payment to refer customers on to other firms.
In its consultation,...
FCA opens Green Fintech Challenge 2021
The FCA has opened the application window for its Green Fintech Challenge 2021. This is the second time the FCA has run the Green Fintech...
AI in the workplace: an Accountability for Algorithms Act?
The UK Government’s All Party Parliamentary Group on the Future of Work has published a report examining the use, implications, and...
Local Authorities and Renewable Energy PPAs
Regen has recently published a very useful guide for local authorities on models which can be used to help deploy renewable energy....
Commercial Rent (Coronavirus) Bill – What are the key provisions?
On 9 November 2021, the Government introduced the Commercial Rent (Coronavirus) Bill (the “Bill”). It also simultaneously published an...
Tips for workplace menopause support
At some point in our careers we will all be working with someone who is experiencing the menopause. With menopausal aged women the...
IOSCO final recommendations on sustainability-related practices, policies, procedures and disclosures in asset management
Written by Zhuan Faraj
On 2 November 2021, the International Organization of Securities Commissions (IOSCO) published its final report...
FCA speech on drivers of change in the financial services industry
Written by Zhuan Faraj
On 2 November 2021, the FCA published a speech by Jessica Rusu, Chief Data, Information and Intelligence Officer,...
IOSCO speech on sustainable finance
Written by Zhuan Faraj
On 4 November 2021, the International Organization of Securities Commissions (“IOSCO”) published a speech given by...
HM Treasury consultation: Financial Services Future Regulatory Framework
Written by Zhuan Faraj
On 9 November 2021, HM Treasury published its second consultation (“Second Consultation”) paper relating to the...
Consultation on a UK Central Bank Digital Currency
It seems that progress is being made in relation to the UK’s development of a Central Bank Digital Currency (“CBDC”) as HM Treasury (“HMT
Artificial Intelligence, Innovation and Inventorship – Can AI be an Inventor?
Rapid advances in artificial intelligence (“AI”) are unlocking enhanced capabilities for machine learning, data interpretation and...
Unlocking Value: Construction - An industry to be valued and be valued in
The Constructing Excellence 2021 Annual Conference is one to be involved in. Timing this year - 30 November could not be better,...
The emerging shape of the new Passenger Service Contracts
On 4 November 2021, the Department for Transport held its market engagement day on the new Passenger Service Contract (PSC). This form of...
Lloyd v Google: The Supreme Court shuts the door on representative actions for Data Protection non-compliance
The Supreme Court’s recent ruling in Lloyd v Google [2021] UKSC 50 found that individuals will not be able to bring claims for...
Beyond the EV Tipping Point
Yesterday's Transport Day at COP26 saw another raft of commitments from countries, financiers and industry towards an inevitable...
Floating Wind in the Celtic Sea
Today The Crown Estate has announced proposals for early stage commercial and full commercial Floating wind seabed leases in the Celtic...
Scotland 2045: Our Fourth National Planning Framework
The Scottish Government has today (Wednesday 10 November 2021) published its draft ‘Scotland 2045 - Fourth National Planning Framework’...
Draft legislation regarding the treatment of Covid-19 rent arrears now published
Yesterday, the Government presented the Commercial Rent (Coronavirus) Bill to Parliament - this is due to come into force by 25 March 2022.
Four steps to an effective gender equality strategy
We all want a better reflection of gender diversity in our businesses and leadership teams right? Even if you are immune to the rhetoric...
Online Safety Bill: The Government consults on new powers to police internet trolls and Big Tech
As the Online Safety Bill ("OSB") continues to make its way through Parliament, we examine two new powers that Government has stated...
How do we solve the problem of heat emissions?
Blog by Helena Sewell and Emma Andrews
On 19 October 2021 the Government published the Heat and Buildings Strategy, a wide-ranging review...
IFRS Foundation to create harmonised global ESG reporting rules
On 3 November, the Trustees of the IFRS Foundation announced the formation of a new International Sustainability Standards Board (ISSB)...
Nature Day at COP26
Beset by protesters, Greta and a Glasgow November, today hopefully seemed like a brighter day for COP26 delegates, as they discussed...
Are we doing enough for youth in the face of climate crisis?
With COP26 turning to focus upon education, youth and public empowerment it is welcoming to see the plans and collaborative talks for...
FCA publishes Climate Change Adaptation Report
Written by Zhuan Faraj
On 28 October 2021, the FCA published a Climate Change Adaptation Report, setting out the actions it and the...
FCA Discussion Paper on Sustainability Disclosure Requirements and investment labels
Written by Zhuan Faraj
On 3 November 2021, the FCA published DP21/4: Sustainability Disclosure Requirements and investment labels (the “
FCA publishes updated ESG Strategy
Written by Zhuan Faraj
On 3 November 2021, coinciding with Finance Day at COP 26, the FCA published its ESG Strategy, setting out the...
As COP26 countries argue about coal we all know we need hydrogen
This morning the headline from COP is about those countries who will phase out coal energy generation and probably more importantly,...
Trial is by Judge, not expert
There are lots of things you need to get right when you are party to a civil dispute, but often appointing a knowledgeable expert witness...
CQC publishes the 2021 State of Care report
On 21 October the CQC published its 2021 State of Care report, which provides its annual assessment of the health and social care system...
Autumn Budget 2021, HS2, and Birmingham's Future City Plan 2040: transport-centric regeneration to lead the way across the Midlands
On 27 October 2021, The Chancellor of the Exchequer presented his Autumn Budget and Spending Review to Parliament. In the...
ASA publishes new resources for brands and influencers running online prize promotions
Written by Ebony Ezekwesili
In response to an increasing number of complaints about online prize promotions run by brands and influencers,...
Extension of mandatory corporate TCFD disclosures
Earlier this year (24 March - 5 May 2021), BEIS consulted on proposals to extend mandatory climate-related financial disclosure...
Businesses, Schools and the Pandemic
The pandemic has disrupted the studies of students up and down the country. It has threatened to exacerbate inequalities particularly for...
Treasury consults on Buy-Now Pay-Later products
By Zhuan Faraj
As mentioned in our last update in this area, the pandemic has seen a boom within the consumer credit market while...
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