Blogs
Sources in this library
Latest documents
-
AI and Accuracy: The UK’s Information Commissioner’s Office Offers Guidance
The United Kingdom’s Information Commissioner’s Office has issued guidance on the accuracy of artificial intelligence Some key points: This could include: For more information, click here.
-
The Challenges and Opportunities of Pre-Packs as a Restructuring Tool
In recent years, many countries have adopted some form of pre-packaged reorganizations (“pre-packs”), inspired largely by pre-packs popularized in the United Kingdom and the United States. By shortening insolvency proceedings, pre-packs can reduce the costs of financial distress and especially the loss of reputation, employees, suppliers, and goodwill. As a result, pre-packs can also help...
-
An insurance slip may be superseded by a formal policy (UK)
In the course of a judgment dealing with two reinsurance contracts, issued within days of each other with different jurisdiction clauses, the court made the following remarks in passing regarding the description of the one contract as ‘the signed slip’: “That terminology brings to mind the practice … whereby a binding contract would be included...
-
UK Financial Conduct Authority publishes finalised guidance on its Anti-Greenwashing rule
On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024. Background The anti-greenwashing rule is part of...
-
FCA sets out plans to make Big Tech a priority and provides update on its approach to AI
On 22 April 2024, the Financial Conduct Authority (FCA) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. In the speech, Mr Rathi announced the FCA’s plans to focus on Big Tech, which are included in Feedback Statement FS24/1 (published alongside the speech). The speech also covered the FCA’s...
-
UK Financial Conduct Authority Publishes Finalised Guidance on its Anti-Greenwashing Rule
On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024. Background The anti-greenwashing rule is part of...
-
FMSB Statement of Good Practice for the application of a model risk management framework to electronic trading algorithms
On 22 April 2024, the Financial Markets Standards Board (FMSB) published its final Statement of Good Practice (SoGP)for the application of a model risk management framework to electronic trading algorithms. The FMSB was established in 2015 in light of the recommendations of the Fair and Effective Markets Review in the UK with a mandate to...
-
The Law Bytes Podcast, Episode 200: Colin Bennett on the EU’s Surprising Adequacy Finding on Canadian Privacy Law
A little over five years ago, I launched the Law Bytes podcast with an episode featuring Elizabeth Denham, then the UK’s Information and Privacy Commissioner, who provided her perspective on Canadian privacy law. I must admit that I didn’t know what the future would hold for the podcast, but I certainly did not envision reaching...
-
FCA sets out plans to make Big Tech a priority and provides update on its approach to AI
On 22 April 2024, the Financial Conduct Authority (FCA) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. In the speech, Mr Rathi announced the FCA’s plans to focus on Big Tech, which are included in Feedback Statement FS24/1 (published alongside the speech). The...
-
Brexit update: Changes to parallel imports in the UK
On 5 April 2024, the MHRA updated various guidance documents on the impact of the Windsor Agreement (the Agreement) on parallel imports into and within the UK. Since the end of the Brexit transition period, EMA-issued parallel distribution notices (PDNs) ceased to be valid in Great Britain (GB). A PDN must be obtained by a...