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The FCA has invited parties to register to attend its Innovation Open Day 2022 where it will showcase what's next for its innovation...
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CBDC Engagement Forum: Round Three
The Bank of England has published the minutes of its third meeting of the CBDC Engagement Forum. This most recent session primarily...
BNPL regulation in the pipeline
Following its previous announcement of its intention to regulate interest free Buy-Now Pay-Later (BNPL) products, HM Treasury has...
DCMS publishes further plans on its reform to the UK’s Data Protection Laws
The Department for Digital, Culture, Media and Sport (“DCMS”) has unveiled its new proposals for the UK’s post-Brexit data protection...
Foreign Direct Inward investment projects create 4,400 jobs in Scotland in past year
More than 4,400 jobs have been created in Scotland as a result of foreign inward investment over the past year, new figures reveal, which...
Building a neurodiverse workplace? Start here
Neurodiversity is a broad church and the individuality of different neurodivergent types shouldn't be overlooked. However there are some...
Building Safety Act 2022 - leaseholder protections come into force
On Tuesday 28 June 2022, the leaseholder protections in the Building Safety Act 2022 ("the Act") came into force. This is a significant...
UK to introduce new Road Safety Investigation Branch
Following its prior consultation (see previous Burges Salmon post), the UK Government has now announced the creation of the Road Safety...
Transport for South East launches consultation on its £45bn Strategic Investment Plan
Transport for South East (TfSE) has launched a public consultation on its £45bn strategic investment plan (the Plan). The...
EU AI Act - further amendments expected, potential progress to be made?
According to a Euractiv report, the incoming Czech Presidency of the EU Council shared a discussion paper with other EU governments that...
ICO issues data protection fine of more than £7.5 million to Facial Recognition Firm Clearview AI
Following our article last year concerning the joint UK and Australian investigation into Clearview AI’s alleged breaches of data...
Continued calls for clarifications on tPR's regulatory enforcement policies
It's interesting to see continued calls for the Pensions Regulator to further clarify the interaction between its likely enforcement of...
TPR issues call to action for pensions dashboards
On 22 June The Pensions Regulator launched a new campaign warning trustees they must start preparing for their pensions dashboards...
What does the further delay of COP 15 on biodiversity tell us?
The UN’s Biodiversity Conference has recently announced that its major global biodiversity summit, COP15, will no longer be taking place...
Chancellor’s windfall tax on the oil and gas sector – overview and impact
Chancellor of the Exchequer, Rishi Sunak, recently announced a new tax on the profits of oil and gas companies operating in the UK and UK...
Big Moves for Moveable Transactions in Scotland
Written by Samir Younes
On 25 May 2022, the Moveable Transactions (Scotland) Bill (the Bill) was introduced into the Scottish Parliament....
UK launches ambitious Trade deal with Gulf Nations
Trade Secretary Anne-Marie Trevelyan continues her ongoing international engagement and has just launched free trade negotiations (22...
Regulation of in-game lootboxes; report backed by 18 countries calls for increased measures
Last month, the Norwegian Consumer Council ("NCC") published a report highlighting the need for further regulation on lootboxes in the...
UK National Security and Investment regime - Early Indications
The UK Government has published its first ‘Annual Report’ on the workings of the National Security and Investment Act 2021 (“NSI...
EU Artificial Intelligence Act – Proposed Amendments by the EU Committee on Industry, Research and Energy
The EU Committee on Industry, Research and Energy (the “Committee”) has proposed amendments to the scope of the EU Artificial...
Innovation & Regulation: FCA’s Data Strategy
The FCA has published a speech made by its chief data, information and intelligence officer, Jessica Rusu, at Money20/20 focusing on the...
Regulation looms for critical third parties to finance sector
HM Treasury recently published a policy statement outlining its intention to regulate certain third party providers to the financial...
DfT publishes its Future of Freight Plan
On 15 June 2022, DfT published its Future of Freight Plan (the “Plan”). The Plan is the first cross-modal, cross-governmental plan for...
Commercialising AI R&D - DCMS published report on key considerations and the role of standards
The Department for Digital, Culture, Media and Sport (DCMS) recently published a report on “Understanding UK AI R&D commercialisation...
Reforms proposed to facilitate criminal prosecution of corporates
The Law Commission has now published its options paper on possible reforms to the law on corporate criminal liability; in particular, to...
TPR blog on climate reporting: a challenge but an opportunity
The Pensions Regulator has published a helpful blog on TCFD climate reporting.
In particular, the Regulator acknowledges the challenges...
GBRTT publishes call for evidence report in relation to the Whole Industry Strategic Plan
In December 2021, GBRTT, alongside DfT, launched a call for evidence to gather insight and data on its proposed 30-year Whole Industry...
Case Report: A question of natural justice
Liverpool City Council v Vital Infrastructure Asset Management [2022] EWHC 1235 (TCC)
In a recent case heard of Liverpool City Council v...
Another week and another step forward in the UK's Trade Strategy
The DIT has issued a recent press release emphasising the urgent necessity to place freedom and fairness at the forefront of any global...
Case Report: Essential Living (Greenwich) Limited v Elements (Europe) Limited
Essential Living (Greenwich) Limited v Elements (Europe) Limited [2022] EWHC 1400 (TCC)
The recent decision in Essential Living...
Building Safety: Consultation on the definition of "higher-risk buildings"
Under the Building Safety Act 2022 (the “BSA”), there is now a more stringent building safety regime in place for buildings defined as...
Schrems III? A response to the proposed Trans-Atlantic Data Privacy Framework
Given Max Schrems’ previous involvement in the invalidation of the last two EU-US data transfer deals, it is unsurprising that he has...
The Rise of the Pensions Regulator – an exploration of the new powers
On 26 May Burges Salmon hosted The Pensions Regulator (TPR) for ‘The rise of The Pensions Regulator’ webinar to discuss how the new...
UK Government publishes food strategy policy paper
The UK Government has at last released its food strategy policy paper (Government food strategy - GOV.UK) in response to the proposals...
Workers' windfall at KKR-owned company shows private equity shift
A useful piece in the FT about the power of sharing...profits. Link below.
The FT editorial line seems to be that even those mercenary and...
Funeral plans and the FCA's quarterly consultation
On 10 June 2022, the FCA published its 36th quarterly consultation paper (CP22/10), under which it invites comments on proposed changes...
DfT launches new consultation on legislation for rail reform
The Department for Transport has launched a public consultation (the “Consultation”) on changes to primary legislation that are required...
Audit and corporate governance reform: next steps
The UK government has now published a response to its 2021 consultation on strengthening the UK’s audit, corporate reporting and...
FCA and Pensions Regulator publish joint consumer journey feedback statement
The FCA and the Pensions Regulator have published a feedback statement to their May 2021 joint call for input (CfI) on the behaviour...
Case Report - FTH Limited v Varis Developments Limited
FTH Limited v Varis Developments Limited [2022] EWHC 1385
The (very) recent judgment of FTH Limited v Varis Developments Limited is a...
Building Safety: Extension of combustible cladding ban
In response to the Grenfell Tower fire, in November 2018 the Government introduced regulations (the “2018 Regulations”) intended to ban...
Case Report: Another reminder of the importance of clear pay less notices
Advance JV (A Joint Venture between (1) Balfour Beatty Group Limited; and (2) MWH Treatment Limited); and Enisca Limited [2022] EWHC 1152...
Rooftop solar for commercial premises and on-site PPAs
The UK Government's ambitions for solar have increased with the British Energy Security Strategy. Where once the solar industry...
Maximising value with community
With volunteers week we reflect on the traditional role of business and social value, as being driven by economics. Businesses provide...
First came hybrid working, now it's the four day week that's grabbing headlines...
For months now the pros and cons of hybrid working have been filling our newsfeeds - is Wednesday the new Friday (or was that Thursday?),...
UK Takeover Code: Panel consultation on "acting in concert"
The Panel on Takeovers and Mergers (Panel) has published a consultation paper (PCP 2022/2) which sets out a number of proposed amendments...
FCA consultation on the structure of the UK listing regime
The FCA has published a discussion paper (DP22/2) which sets out its vision for potential reforms to the way in which companies list in...
High-Street Rental Auctions - What does the draft legislation say?
Previous indications by the Government that it would give local authorities the power to put empty high-street properties into mandatory...
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