Clear filters

The right to a healthy environment: Resolution 76/300's potential impact on businesses In July, the UN General Assembly (“UNGA”) passed a resolution recognising the right to a clean, healthy and sustainable environment (“R2HE”) as a human right (“Resolution 76/300”). The move follows similar resolutions adopted by the UN Human Rights...
Pensions Bulletin - October 2022 Liability-driven investment; climate risk governance and reporting regime; mergers and acquisitions; DC investment in illiquid assets; trustee diversity and inclusion; Pension Protection Fund 2023/4 levy
Hong Kong Stock Exchange proposes new listing regime for "Specialist Technology Companies" The Hong Kong Stock Exchange issued a consultation paper on 19 October 2022 on a new regime to allow the listing of certain tech companies (termed Specialist Technology Companies) that do not meet the Main Board’s profit track record requirements. 
A cryptoassets primer for corporate treasurers Cryptoassets have been touted as a way of hedging against inflation and boosting yield, offering a means of diversifying corporate investments in a challenging economic environment. Debate is ongoing as to whether cryptocurrencies could debase, or even...
BLOG: Progress on international tax reform? I may have previously complained about the stream of consultations on different aspects of the OECD's international tax reform project, but now, in the face of the back-and-forth of UK domestic tax policy, I almost find myself taking solace in its steady...
Energy Prices Bill: Unprecedented intervention in UK energy markets The UK Government introduced the Energy Prices Bill in Parliament on 12 October 2022, launching a raft of measures that represent a level of intervention in the UK energy market not seen since privatisation more than 30 years ago. In this article, we...
Tax and the City Review for October 2022 In Burlington, the FTT considers, for the first time, the purpose test which often appears in double tax treaties. The UT dismisses HMRC’s appeal in Aozora GMAC confirming that unilateral relief is available for US withholding tax on interest paid...
Managing cyber risks: key lessons from recent litigation and enforcement action This morning, the Information Commissioner’s Office (ICO) announced that it had fined Interserve Group Limited (Interserve) £4,400,000 for breaches of the UK GDPR which came to light following a May 2020 cyberattack. This is the fifth...
AI in Employment: new frontier or a step too far? The value of AI in employment has increased significantly in recent years, driven by pressures in the labour market for more remote working and greater efficiency, with the pace of change outstripping the legal and regulatory framework. AI can now...
How should you respond to a personal data breach in Hong Kong? A major hotel group has recently reported a data leak to the Office of the Privacy Commissioner for Personal Data (the “PCPD”) in Hong Kong. Reportedly, it was hit by a cyber hack a few months ago and, as a result, certain data files concerning personal...
Corporate Update Bulletin - 20 October 2022 Corporate Update is our fortnightly bulletin highlighting the latest legal and regulatory developments of interest to corporates.
Competition & Regulatory Newsletter: European Commission adopts revised Informal Guidance Notice On 3 October 2022, the European Commission adopted a revised Informal Guidance Notice, which sets out the circumstances in which the Commission will consider providing companies with informal guidance concerning the application of EU competition law. The...
BLOG: One step closer to mutual adequacy for EU-US and UK-US data flows On Friday 7 October, US president Biden signed an Executive Order which, alongside the regulations issued by the Attorney General, implements into US law the agreement in principle announced in March on EU-US personal data flows (the Data Privacy...
BLOG: Riding into the sunset: the Retained EU Law (Revocation and Reform) Bill At the end of 2023, certain EU laws and rights retained as part of domestic law in the UK following its departure from the EU will fall away if the Retained EU Law (Revocation and Reform) Bill currently before the UK Parliament is enacted, save where they...
Real Estate Newsletter - October 2022 Topics include: Collateral warranties - Abbey Healthcare (Mill Hill) Limited v Simply Construct (UK) LLP Heads of Terms - Pretoria Energy Company (Chittering) Ltd v Blankney Estates Ltd Restrictive covenant in lease - Schwarzschild Ochs Pty Ltd v...