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Parent Company Liability back in the Supreme Court The English courts have become a popular destination for foreign claimants seeking damages from UK-domiciled parents for the alleged wrongful actions of their overseas subsidiaries. A new judgment from the Supreme Court gives useful guidance on the applic... EU publishes draft adequacy decisions for transfers of personal data to the UK The EU Commission has published two draft adequacy decisions for transfers of personal data to the UK, one under the GDPR and the other for the Law Enforcement Directive. This will be welcome news to many UK and EU businesses grappling with the implicatio... Brexit has happened – so what’s next for securitisations? The Trade and Cooperation Agreement between the UK and the EU that has applied since then does not deal with the regulatory detail of cross-border financing transactions. Accordingly, in the context of securitisations, the EU Securitisation Regulation con... Brexit has happened - so what next for Debt Capital Markets? One month ago, at 11:00 pm on New Year’s Eve, the Brexit implementation period ended and the UK left the EU single market. The Trade and Cooperation Agreement between the UK and the EU that has applied since then does not deal with the regulatory detail o... Competition law and sustainability: Expectations for 2021 The interplay between competition law and sustainability was a hotly debated topic in the competition law community in 2020. This briefing provides an indication of the developments we can expect in this space in 2021 from Europe’s competition regulators.... Dawn of a new era for digital? The Commission’s Digital Markets Act proposal Wrapping up a busy 2020, on 15 December the European Commission tabled its proposed new rules for digital gatekeepers (the Digital Markets Act) before the European Parliament. The Digital Markets Act will operate alongside a Digital Services Act (also pub... A reprieve for EU-UK data flows but other data privacy implications of Brexit remain Many businesses will have breathed a sigh of relief following the announcement of interim arrangements for data flows in the EU-UK Trade and Cooperation Agreement of 24 December. The continued free flow of personal data from the EU to the UK for a tempora... Reflections on the EU-UK Co-operation Agreement The EU-UK Trade and Co-operation Agreement (the TCA), which came into provisional effect at 11pm on 31 December, is welcome in terms both of what has been achieved, and in providing a more cordial basis for future EU-UK relations and co-operation. The EU... Beyond adequacy – Brexit’s wider data privacy implications Whilst adequacy and international transfers are important considerations given the amount of personal data that currently flows freely, there are other Brexit-related data privacy issues that have received less attention which also need to be addressed. A... Asset Managers and the ESG Tsunami: Get ready for the tide of ESG disclosures This briefing discusses the regulatory developments for asset managers in the ESG arena, with a focus on the Disclosure Regulation and the Taxonomy Regulation, and considers some of the issues and challenges they may face in light of the growing regulatio...