Oct 30, 2020 Taking flight: The SFO secures its ninth DPA By Neill Blundell Max Hobbs The Serious Fraud Office (SFO) has agreed its ninth deferred prosecution agreement (DPA), which has now received approval in the Crown...
Oct 29, 2020 Panel consultation on conditions to offers and the offer timetable By Dominic Sedghi The latest Panel consultation (PCP 2020/1) is probably the worst kept secret in the City given the extent of pre-consultation that took...
Oct 28, 2020 "Firing by AI": Drivers bring GDPR claim against Uber By Macfarlanes The latest of Uber's many regulatory battles was joined on Monday when the App Drivers and Couriers Union brought a claim against it...
Oct 27, 2020 AIFMD review: delegation, NPPRs and asset-stripping By Harriet Miller The European Commission (the Commission) has launched a public consultation ahead of its review of the Alternative Investment Fund...
Oct 27, 2020 Covid-19 and the "meanwhile use" of unused and unoccupied premises By Rebecca Delaney Why do we need to rethink the use of space? In the context of a global pandemic in which social distancing is now the new normal,...
Oct 26, 2020 Retail therapy: France encourages non-institutional investment into private equity By Christopher Good Lora Froud Retail investors and private equity are not normally considered natural bedfellows. So the news that BPI, France’s state backed...
Oct 26, 2020 The Serious Fraud Office publishes new guidance on Deferred Prosecution Agreements By Neill Blundell Helen Harvey On 23 October, the Serious Fraud Office (“SFO”) published comprehensive guidance on how they approach Deferred Prosecution Agreements...
Oct 22, 2020 New Post-Brexit Immigration Rules announced By Edward Reed The Home Office has laid before the UK Parliament a Statement of Changes to the Immigration Rules. This document sets out the new...
Oct 21, 2020 Fraud detection: an increased role for auditors? By Neill Blundell Helen Harvey The Financial Reporting Council (FRC), the UK’s accounting regulator, wants to enhance and formalise the role of auditors in identifying...
Oct 20, 2020 European Commission moves to the next stage of the ELTIF review By Samuel Brooks Tiffany Cox Further to our post in September, the European Commission (Commission) has commenced a public consultation relating to its review of the...
Oct 16, 2020 British Airways fined £20m for GDPR violation By Macfarlanes The Information Commissioner’s Office (ICO) has fined British Airways (BA) £20m for failing to protect the personal and financial details...
Oct 16, 2020 Operational resilience and looking ahead to 2021 By Macfarlanes Operational resilience within the financial services sector has been in the spotlight around the world. In that context, cyber security...
Oct 15, 2020 Will the SPAC party get started in the UK? By Richard Burrows The press is rife with stories of special purpose acquisition companies, or SPACs: in the US, $48bn has been raised so far this year –...
Oct 15, 2020 OFSI releases annual review citing largest financial sanctions penalty in UK history By Neill Blundell Elizabeth Compton On 9 October, the Office of Financial Sanctions Implementation (OFSI) released its annual review for the financial year ending 2020,...
Oct 12, 2020 Working from (a holiday) home: tax challenges from the "new normal" By Gregory Price With governments encouraging workers to stay away from the office to help limit the spread of Covid-19, many employers have found that...
Oct 09, 2020 ISDA 2020 IBOR Fallbacks Protocol to go live on 23 October By William Sykes The International Swaps and Derivatives Association (ISDA) today announced the launch date for long-anticipated ISDA 2020 IBOR Fallbacks...