Learn about key data protection and cybersecurity laws in this multi-jurisdictional guide.
FCA policy statement PS22/8 “Protecting investors in authorised funds following the Russian invasion of Ukraine” sets out emergency measures to deal with the impact of the Russian invasion of Ukraine on authorised funds and retail investors, and came into force on 11 July 2022.
On 27 July 2022, the Financial Conduct Authority (FCA) published a Policy Statement (PS22/9) and Finalised Guidance (FG22/5) setting out final rules and guidance on the new Consumer Duty (the Duty). The Duty sets higher expectations of the standard of care that firms give consumers.
On 19 July 2022, the UK Government issued legislation which changed the definition of a “relevant firm” to now include crypto-asset exchange providers and custodian wallet providers (“Crypto Firms”). As such Crypto Firms will now have reporting obligations under UK sanctions legislation.
On 12 July 2022, the UK’s Competition and Markets Authority (“CMA”) published its final form Guidance on the new Vertical
Agreements Block Exemption Order (“VABEO”), which came into force on 1 June 2022. The VABEO replaced the retained Vertical Agreements Block Exemption Regulation (“VABER”) which expired on 31 May 2022. Similarly, the CMA Guidance replaces the EU Guidelines on Vertical Restraints (2010) which had applied in the UK.
The UK Government has published its Response Statement following the White Paper published in March 2021 on audit and corporate governance reform.
This guidance is relevant to UK publicly traded companies when planning and conducting their annual general meeting (AGM) and other general meetings (GMs).
The decision is an example of the English Courts’ willingness to develop and apply existing case law to contemporaneous disputes, in this case in relation to crypto assets and persons unknown who might be out of the jurisdiction (a common feature of such cases) to ensure victims have a timely means of tracing and recovering stolen assets.
Learn about parent company liability and class actions in Scotland related to climate litigation.
The UK's Employment Appeal Tribunal held that dismissing an employee, who refused to attend work over COVID-19 risks to his children, is not automatically unfair. Read the details in this article.