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What do boards need to ask about AI? Institute for Directors' AI checklist for boards
The Institute of Directors (“IoD”) - a professional organisation for company directors, senior business leaders and entrepreneurs - has...
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Government publishes 2023 Green Finance Strategy
By Alex Gillespie and Victoria McCarron
On 30 March 2023, the Government published Mobilising Green Investment, the Government’s Green...
Pension Protection Fund employee data falls victim to cyber-attack
The Pension Protection Fund (PPF) has released a statement in the last week confirming that some of its current and former employees’...
As it turns 25 our whistleblowing framework has been gifted a government review – might this lead to a full facelift or simply a few tweakments?
A quick search in the App store for 'whistleblowing reporting' brings up dozens of choices - facilitating anonymous whistleblowing is...
FCA gives update on its Sustainability Disclosure Requirements (SDR) and investment labels consultation
By Victoria McCarron and Alex Gillespie
On 29 March 2023, the FCA gave an update on CP 22/20; its consultation on sustainability...
Solar farm permission close to AONB - powering up Britain
An interesting decision has been taken this week by the Secretary of State to overturn the recommendation of their appointed Inspector,...
The Bulb special administration - National Audit Office report
Today the National Audit Office published its report into the Bulb Energy special administration and related sale to Octopus.
For those...
Workplace Wellbeing: is your employee offer still fulfilling the brief?
I recently signed up to a new wellness initiative at work “Pilates at Your Desk” (who knew that was a thing) and whilst stretching into a...
Can new Government funding “electrify” investor interest in EVs?
Last month the Government announced an additional £56 million investment to increase electric vehicle (EV) chargepoints across the...
Decades-old laws affecting business tenants to be reviewed
The Law Commission has today announced that it will be carrying out a review of the Landlord and Tenant Act 1954 - the legislation which...
Major reform of clinical trials regulation in the UK – what are the key changes?
The long-awaited Government response to the consultation on reforming clinical trials regulation has been published. The changes...
FCA publishes metrics on application timescales
The FCA has published an update on its operating service metrics for dealing with various applications, including authorisation, change...
How to treat material considerations post committee and prior to decision notice
In R (Hayle Town Council) v Cornwall Council [2023] EWHC 389, the High Court considered whether a planning committee should...
Energy Co-location, Co-location, Co-location
Over the last few days I have been attending the Marine Energy Wales conference in Swansea. We have been big supporters of MEW for...
Insolvency Procedures and Russian Sanctions
The war in Ukraine continues and the economic effect of sanctions against businesses that are connected to the Russian government are now...
From South Africa to around the pensions world in 60 minutes
Phileas Fogg may have made it round the world in 80 days, but did he ever attempt to make it around the pensions world in a two day...
Inquiry Into the Northern Ireland "Windsor Framework"
The European Affairs Sub-Committee on the Protocol on Ireland / Northern Ireland (the “Committee”) is conducting an inquiry into the...
FCA speech on simplified advice regime and review of the advice/guidance boundary
The FCA has published a speech delivered on 21 March 2023 by Therese Chambers, Director of Consumer Investments at the FCA.
The speech...
Building Safety: Deadline for signing remediation contract passes
As commented on previously, last year the Department for Levelling Up, Housing and Communities (“DLUHC”) persuaded 49 developers to...
The new DB Funding Code: changing approach to covenant
In this next blog in our series looking at some of the legal issues arising from the draft DB funding code of practice and how it...
DWP launches Taskforce on Social Factors to support ESG investing
On 28 February, the Department for Work and Pensions (DWP) launched the Taskforce on Social Factors (TSF) which aims to help pension...
Are grid delays the biggest barrier to transport decarbonisation?
The Government has set a minimum target of 300,000 electric vehicle (EV) charge points by 2030. The Society of Motor Manufacturers and...
Resisting enforcement of adjudication decisions: lessons from recent cases
It is well established that the grounds for resisting enforcement of an adjudication decision are limited. A party must either persuade...
We need more success stories!
I was delighted this week to learn of waste heat from a data-center being used to heat a swimming pool and that it was cutting carbon...
New service to help AI and Health Tech providers understand regulatory landscape in UK
UK regulators have launched a website to help developers and adopters of AI and digital technologies in health and social care understand...
BPR on land in Woodland & Peatland Carbon Codes schemes
Perhaps it's a coincidence but at the same time as a consultation starts on APR on land used for ELMS and the like (see earlier post "A...
A review of APR after all
First the good news. Buried deep in yesterday's Budget was the announcement of a consultation and call for evidence on the taxation of...
Unclaimed pension benefits here, there and everywhere
Between the 23rd and 24th of March I will be attending the International Pension & Employee Benefits Lawyers Association’s (IPEBLA)...
Life Sciences Budget 2023 – funding for AI and regulatory reform of medicines and medical devices
The Spring Budget signalled further commitment from the Government to delivering their Life Sciences vision, with increased funding for...
FCA reviews trade data market for potential competition issues
The Financial Conduct Authority (FCA) has published a report relating to a lack of effective competition in the market for trade data and...
Pensions Budget 2023 – the moving retirement savings goalpost
Before Jeremy Hunt stood up to deliver his first Budget this afternoon, we knew he was looking at ways to incentivise high paid...
FCA releases findings from Fast-Growing Firms (FGFs) review
During the course of 2021/2022, the FCA carried out a detailed review of 25 FCA solo-regulated firms that had experienced rapid growth...
AI and the Energy sector: the need for 'equal and democratic datasets'
Energy is a precious resource so we should optimise its use and production. AI will play an important role in achieving that...
Changes to the Standard Selection Questionnaire for Procurements : PPN 03/23
In our 'Essential Guide to Changes to the new Selection Questionnaire and associated Guidance' we noted that Contracting Authorities and...
Instilling confidence: Design features of UK low carbon hydrogen certification scheme published
The Department for Energy Security and Net Zero (DESNZ) has recently published a consultation on a UK low carbon hydrogen certification...
PPN 03/2023: An essential guide to the changes to the New Selection Questionnaire and associated guidance
The Standard Selection Questionnaire (“SSQ”) is an integral part of any procurement under the Public Contracts Regulations 2015. It...
FCA authorised first Long Term Asset Fund
On 9 March 2023, the FCA announced it had authorised the first Long Term Asset Fund (LTAF). The LTAF will be managed by Schroders Capital.
Have you just returned from maternity leave? Congratulations, you’ve got the job!!
Pregnant employees and employees who have already returned to work after a period of family leave may soon be entitled to enhanced rights...
Need for cyber resilience is stronger than ever in the face of Succession Wealth cyber-attack
National advice firm, Succession Wealth, has launched an investigation after falling victim to a cyber-attack.
The firm, which was bought...
Internal Communications – putting people at the heart of your firm
I was fascinated to read this article in leading industry publication HR Magazine, which explores internal communications as a function...
Braceurself Part 4: ‘Successful’ claimant ordered to pay the defendant authority’s costs
In a Nutshell
There are four parts (and indeed four judgments) to this story, but to cut to the final chapter (at least the final chapter...
Consenting: Time to lift the brakes on the hydrogen production drive for transport benefits?
The UK Government has set ambitious targets for low-carbon hydrogen production as part of its Net Zero strategy. In support of the...
Supreme Court rules on public recreation rights
In R (Day) v Shropshire [2023] UKSC 8, the Supreme Court considered whether a statutory trust created in 1926 gave residents rights of...
UK and Canada sign agreement to boost green tech supply chains
The UK and Canada have signed an agreement to co-operate on critical minerals such as cobalt and lithium that are essential to the...
ESG and Climate Change: under the Pensions Regulator’s spotlight
On the 22 February, the Pensions Regulator (TPR) released a press release to mark the launch of a campaign to make sure trustees are...
Navigating the EU AI Act: flowchart
An updated version of the flowchart (August 2024) is available here.
The EU AI Act is still on track to become law. When that...
FCA publishes third batch of Consumer Duty portfolio letters
The FCA published a third batch of portfolio letters on implementing the Consumer Duty on 3 March 2023. The letters are addressed to the...
The not so artful dodger: art dealer ordered to draw maximum pension sums to pay creditors
This article was written by Justin Briggs and Sara Charteris-Black.
Click here for more detail on this case, including an explanation of...
LGPS AAs: public law vs. quasi-fiduciary duties
A recent High Court judgment that has touched upon this area of developing case law is The Major and Burgesses of the London Borough of...
Computer says no - delay to Pensions Dashboards
The Department for Work and Pensions has today announced a delay to the connection deadlines for the Pensions Dashboards. Master trusts...
Horizon gazing for GCs - three incoming reporting obligations to consider now
Spring 2023: New verification requirements as part of Companies House reforms
The Economic Crime and Corporate Transparency Bill has seen...
Publication of the Windsor Framework
The Prime Minister and the President of the European Commission have unveiled the Windsor Framework (the “Framework”) regarding the...
When is a planning condition a condition precedent?
This is a question which has been considered by the Courts on numerous occasions, but still causes contention. In a recent appeal...
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