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Mobility as a Service: Code of Practice
The Government has published its first voluntary Code of Practice for Mobility as a Service (MaaS) for use by MaaS platform providers,...
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ICO publishes draft biometric data guidance for consultation
The Information Commissioner's Office (ICO) recently published the first phase of its guidance on biometric data for public consultation....
What is on the cards for Pre-Action Protocols?
The CJC published Part 1 of its final report into the role of Pre-Action Protocols (PAPs) this week.
Building Safety: New guidance for responsible persons
The Fire Safety (England) Regulations 2022 (the “Regulations”), which came into force in January 2023 this year, impose significant new...
Building Safety: New Cladding Safety Scheme launched
Following the successful conclusion of a pilot, the Government has introduced a new Cladding Safety Scheme (the "CSS") which is intended...
Bite-size Corporate Update: ESG Corporate Reporting (FCA Primary Market Bulletin 45)
The FCA recently published its Primary Market Bulletin 45 which deals with some key ESG corporate reporting developments and a few...
Communications and Digital Committee inquiry into large language models
The UK Parliament Communications and Digital Committee is launching an inquiry that will "examine large language models and what needs to...
Artificial intelligence regulation in the UK: our response to the government White Paper consultation
The UK government published a White Paper for A pro-innovation approach to AI regulation (see our overview here, and flowchart for...
FCA publishes findings on Value Assessments
By Pritpal Virdee
On 10 August 2023, the FCA published its findings of its multi-firm review of the processes that authorised fund...
Responding to a cyberattack: why you should call your lawyer
With the significant rise in data breaches and cyber incidents in past few years, organisations are becoming increasingly aware of the...
Fintech: FCA and ICO joint letter provides clarity for firms navigating the interplay between consumer duty and data protection requirements
On 18 July 2023, the Financial Conduct Authority (FCA) and the Information Commissioner's Office (ICO) published a joint letter
The Law Society response to UK Government White Paper on AI Regulation
The Law Society – the independent professional body for solicitors in England & Wales – has responded to the recent UK White Paper:
ACCA Response to UK Government White Paper on AI Regulation
The Association of Chartered Certified Accountants (ACCA) alongside Ernst and Young (EY) have published a response to the recent UK White...
Social media guidance for the promotion of financial services and products
Social media enables marketing to reach a massive audience at the touch of a button and in lightning speed. This is great for business -...
HMRC interest rates - the cost of paying IHT by instalments
For many years whilst interest rates and inflation were low, there was an economic logic to paying IHT due on land following a death by...
ESG litigation: Court of Appeal dismisses claim against corporate trustee of a pension scheme
On 21 July 2023 the Court of Appeal dismissed a claim against the directors of the corporate trustee of the Universities Superannuation...
Take care when taking positive action.......
An Inquiry into allegations of discrimination against white males in the RAF has highlighted some of the challenges faced by...
“Every little helps” in a competitive recruitment market...
Tesco has recently announced that it will offer the right to request flexible working as a day 1 right to all of its employees. As an...
Charitable foundations and private benefit: a slippery slope
A charity set up by UK billionaire Sir Jim Ratcliffe has made headlines following the conclusion of the Charity Commission’s regulatory...
Climate data shortcomings: Trustees encouraged to challenge advisers
The Pensions Regulator has responded to concerns that financial institutions including pension schemes are relying on inadequate climate...
Philipp v Barclays UKSC Judgment: Quincecare Duty and Consumer Protection
‘Where the customer has authorised and instructed the bank to make a payment, the bank must carry out the instruction promptly. It is not...
FCA latest on the advice/guidance boundary and its proposed "Core Investment Advice" regime
The FCA published a press release on 3 August setting out key themes and insights from the early phases of its work with the Treasury on...
Ofcom statement on new rules for advertising less healthy food and drink
We previously reported on Ofcom’s consultation setting out its approach to implementing and regulating new food advertising rules...
Wishful thinking in litigation
We have all heard the expression "wishful thinking", but the recent decision of Old Park Capital Maestro Fund Ltd [2023] EWHC 1886 (Ch)...
High Court maintains dismissal of ClientEarth's claim against Shell's directors
On 24 July 2023, judgment was handed down confirming the dismissal of ClientEarth's application for permission to continue its derivative...
Fixed Price ROC Regime Transition
The Renewables Obligation and Fixed Price Certificates: Call for Evidence
The Government (in conjunction with the Northern Ireland...
UK ESOS: Phase 3 deadline extension
The deadline for qualifying organisations to complete and submit their UK Energy Savings Opportunity Scheme ("ESOS") reports for Phase 3...
Indefinite extension for CE product safety marking in GB to ease burden on business
The UK Government has this morning announced an indefinite extension to the recognition of CE product safety marking in Great Britain....
Treasury Committee Calls for Rapid Change in Venture Capital Industry
On 24 July 2023, the Treasury Committee published a report into the UK venture capital industry criticising "unacceptable diversity...
Consultation on updated permitted development rights: changes to residential use and agricultural diversification
The Department for Levelling Up, Housing and Communities has launched a consultation on amendments to permitted development (“PD”) rights...
UK and Singapore dialogue on fintech and sustainable finance
The UK and Singapore recently held their 8th UK-Singapore Financial Dialogue exchanging views on, and identifying opportunities for...
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