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Hydrogen: “The most dumb thing I could possibly imagine for energy storage”- Is Elon Musk right?
Elon Musk regularly makes headlines, most recently with his attempted $44 billion takeover of Twitter and being the subject of a sexual...
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Changes to NI legislation on promotional prize draws
The position in Northern Ireland (‘NI’) on prize draws (where success does not require any exercise of skill) has changed to align with...
Building Safety: Planning Gateway One begins to bite
Since 1 August 2021 any application for detailed planning permission that relates to a higher-risk building (i.e. a building over 18...
Green fintech: the sustainability agenda
In line with the mood music of ESG initiatives, fintech and fintech policy continues to look towards green and sustainable finance.
FCA Chair delivers thoughts on a future regulatory framework and regulating crypto
Written by Jad Soubra
On 20 May 2022, Charles Randell, Chair of the FCA and PSR, delivered a speech touching on how the FCA will play its...
HSE's New Strategy; why does it matter?
May 2022 saw the launch of the Health and Safety Executive's (HSE) new 10 year strategy. The strategy is said to reflect the HSE’s role...
Case Report: You’ve (not actually) been served
Sir Robert McAlpine Ltd v Richardson Roofing Co Ltd [2022] EWHC 982 (TCC)
In this case, Waksman J considered whether there was valid...
Maladministration but no cigar
Two recent determinations of the Pensions Ombudsman drew my eye as both involved ineffective systems of governance resulting in awards...
Hybrid working - the pandemic-induced change that isn't going anywhere...
Fascinating report just released from the Office for National Statistics showing that the number of workers who are working on a hybrid...
Spotlight on effective management of an employed pension trustee
A recent Employment Tribunal decision has brought sharply into focus the question of whether employed trustees are adequately protected...
Connecting with the community - the role of HR in ESG
Over a number of years, we have seen the traditional, often purely philanthropic business commitments to CSR evolve into a key part of...
Case Report - Soteria Insurance Ltd (formerly CIS General Insurance Limited) v IBM United Kingdom Ltd
The case of Soteria v IBM serves as useful guidance for the construction and interpretation of exclusion of liability clauses. The case...
One to watch for construction projects in the water sector…
On 12 May 2022 a new draft order entitled “The Construction Contracts (England) Exclusion Order 2022” was published by the government,...
Option and Contract details to be made public
Whilst no official response has been published to the 2020 DCLG call for evidence: Transparency and competition: a call for evidence on...
FCA’s CryptoSprint
The FCA recently hosted a two-day CryptoSprint event exploring how the evolving cryptoasset landscape could be regulated in the UK.
Around...
Firms beware: FCA speeds up removal of firms’ permissions
Under new powers, the FCA has announced that it plans to more swiftly cancel or change the regulated activities firms are permitted to...
The FCA 2022/23 Business Plan and Strategy: competition
Auditing algorithms effectively – an increasing role for regulators?
The Digital Regulation Cooperation Forum (DRCF) – a working group of the FCA, ICO, CMA and Ofcom – has published a working paper...
UK Merger Control to be 'rebalanced'
The UK Government has recently introduced plans to reform (or ‘rebalance’) the UK’s merger control system.
Some transactions that...
£41.5m competition announced for commercial self-driving use cases
The Government has today announced a two-strand competition totalling £41.5m to kick-start commercial self-driving use cases.
The...
FCA refuses to authorise compliance consultancy - is this the latest signal re appointed representatives and regulatory hosting models?
Written by Jad Soubra
On 13 May 2022, the FCA published a final notice setting out its decision to refuse an application by Alexander Jon...
UK Transition Plan Taskforce's Call for Evidence
The UK Transition Plan Taskforce (TPT), launched by HM Treasury in April 2022, has published a call for evidence, closing on 13 July...
HM Government: Update to Green Finance Strategy – Call for Evidence
As set out it in its “Greening Finance: A Roadmap to Sustainable Investing” policy paper last year, the Government appears to now be...
Levelling-up CPO?
The Compulsory Purchase Association’s Annual Dinner last night was a great chance to catch up with the CPO world again. It had that...
Levelling-up in the West Midlands at an unprecedented scale - another private / public partnership and a Public Land Charter - with a Net Zero focus
Andy Street has announced that a deal has been done between WMCA and Legal & General, in which the latter will invest £4bn over the...
Biggest Companies House upgrade for 170 years to help tackle economic crime
The Government’s goal of openness and transparency in UK corporates is again on the agenda with plans for Companies House reform. The...
ATED update for 2022
Within this post we reflect on points for companies that are within ATED to consider in 2022, including the impact of the new 1 April...
The Queen’s Speech outlines UK Government’s plans for developing a legal framework for Automated Vehicles
In the recent Queen's Speech, Government announced the UK's commitment to 'improve transport across the United Kingdom, delivering safer,...
EA Sports to end long-standing licensing agreement with FIFA
In an announcement made earlier this week, video games publisher Electronic Arts has confirmed that it will not renew its licence with...
FCA reminds consumers of cryptoasset risks (again!)
Written by Jad Soubra
Following on from previous warnings, the FCA has recently issued a statement referring to recent social media posts...
How to Support Social Wellbeing and Workplace Loneliness
Mental health is currently high on the Government’s agenda, and never more so than this week - Mental Health Awareness Week. This Mental...
Over 30% of UK businesses impacted by cyber attacks in 2021
Each year, the Department for Digital, Culture, Media and Sport releases the Cyber Security Breaches Survey as part of its wider National...
Queen’s Speech 2022: Next steps for financial services & pension providers
Written by Jad Soubra
The Queen’s Speech, delivered on 10 May 2022, set out the government’s priorities for the next parliamentary session...
Employment rights reforms left out of the Queen’s Speech
In today's Queen’s Speech, the government outlined its legislative plans for the next parliamentary session.
The speech covered many...
2022 - private wealth immigration in hiatus
As a UK tax and immigration specialist, Q1 2022 has been a particularly busy time for us and here are some of the highlights:
- The Tier 1...
Shop owners to be forced to rent out empty premises, government says
In what has been described as a "political gimmick" by the British Property Federation (BPF), the Government has indicated that it plans...
Ban on exclusivity clauses set to widen
The government has issued a press release announcing its plans to widen the ban on the use of exclusivity clauses in contracts....
FCA publishes findings from its investment platforms costs and charges review
On 4th May 2022, the FCA published the findings from its investment platforms costs and charges review, which follows on from its
Bexheat v Essex - another reminder of the importance of serving timely pay less notices
Written by Oliver Macrae.
The case of Bexheat v Essex Services appears to address the question of whether a “true value” adjudication is...
Climate change and sustainability: Institute and Faculty of Actuaries issues new risk alert to its members
On 4 May, the IFoA published the outcome of their consultation in relation to proposals for changes to the regulatory framework on...
Paying employees in cryptoassets? What employment tax issues should you be thinking of?
UK tax and cryptoassets
There are currently no specific UK tax rules for how cryptoasset transactions should be taxed. Instead it is...
UK Government announces delays to import controls
The road to a 'full and final' Brexit has been a long and winding one for the food sector, and we are not yet at the end of it. The...
If (when) your pension arrangements suffer a cyber breach, how you are protected?
Cyber risk is never far from the news, but is a particular hot topic at the moment. This extract from a report by Crowe, reported on by...
HMT launches UK Transition Plan Taskforce
On Friday (25th) HM Treasury ("HMT") launched the UK's Transition Plan Taskforce (the "TPT"). The TPT has been established as part of the...
FCA issues consultation on side pockets following the Russian invasion of Ukraine
On Thursday, the FCA issued a consultation proposing new rules to allow authorised fund managers ("AFMs") to create separate unit classes...
The development of algorithmic impact assessments in the workplace
I recently attended the All Party Parliamentary Group on the Future of Work’s event discussing algorithmic impact assessments (“AIAs”),...
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