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- FCA Market Watch 69
On 17 May 2022, the FCA published the latest edition of Market Watch, its newsletter on market conduct and transaction reporting issues. In Market Watch 69 the FCA covers firms’ arrangements for market abuse surveillance, drawing on its observations from engaging with small and medium sized firms. The FCA states that whilst the topics covered...
- HM Treasury summary responses to access for cash consultation
On 19 May 2022, HM Treasury issued a summary of the responses to its earlier access to cash consultation. The document also sets out the government’s planned approach to legislating for access to cash in the Financial Services and Markets Bill. In summary, HM Treasury intends to designate firms for the purpose of ensuring continued...
- Letters from America – risks of discrimination in AI-backed recruitment processes (UK)
So following our recent post on proposed new regulations it’s not just the EU which is looking askance at the potential risks of artificial intelligence in recruitment. From across the pond comes news that the US Department of Justice has warned employers to take steps to ensure that the use of AI in recruitment does...
- UK Pensions: Use of reasonable [en]force[ment] – unnerving for those on the receiving end?
Speaking to banking colleagues recently about what the Pensions Regulator’s stronger powers mean for them reminded me just how much turns on the Regulator’s view of what is reasonable. There has been a great deal of discussion about the wide range of circumstances in which the Regulator could use its various powers (what the Regulator...
- Levelling Up and Planning Reform
Last week the UK Government published its long-awaited proposals for reform of the planning system in England and Wales, in the Levelling-Up and Regeneration Bill. Back in June 2020, radical reforms to the planning system were proposed, including introducing zoning and deemed planning permission in designated growth areas. Despite the abandonment of these far-reaching reforms,...
- Do Municipal Gas Bans Slow the Clean Hydrogen Transition in Real Estate?
by Sidney L. Fowler, Robert G. Howard and Emily Huang Clean hydrogen has the potential to play a significant role in the energy transition by serving as a carbon-free form of energy storage and heat production. In real estate, hydrogen could provide heating, replace or supplement natural gas in many applications, or store excess rooftop...
- [Podcast]: Cross-Border Asset Deals
In this episode of The Proskauer Benefits Brief, partner David Teigman, senior counsel Nick LaSpina, and special international labor & employment counsel Nicola Bartholomew, discuss differences between asset sales in the US and the UK, with respect to transfers of employees. In short, there are significant differences that are not necessarily intuitive to US practitioners. In the...
- Online Safety Bill to Proceed Through Parliament
On May 10, 2022, Prince Charles announced in the Queen’s Speech that the UK Government’s proposed Online Safety Bill (the “OSB”) will proceed through Parliament. The OSB is currently at committee stage in the House of Commons. Since it was first announced in December 2020, the OSB has been the subject of intense debate and...
- Online Safety Bill to Proceed Through Parliament
On May 10, 2022, Prince Charles announced in the Queen’s Speech that the UK Government’s proposed Online Safety Bill (the “OSB”) will proceed through Parliament. The OSB is currently at committee stage in the House of Commons. Since it was first announced in December 2020, the OSB has been the subject of intense debate and scrutiny on the balance...
- UK regulators publish two discussion papers on algorithmic systems
On 28 April 2022, the UK Digital Regulation Cooperation Forum (DRCF) published two discussion papers on the benefits and harms of algorithms and on the landscape of algorithmic auditing and the role of regulators, respectively. About DRCF The DRCF consists of four UK regulators: the Competition and Markets Authority, Ofcom, the Information Commissioner’s Office and...
- Just what is E.coli O157?
E. coli is a rather common bacterium that helps people to stay healthy. But strain O157, which is found in the intestines of people and cattle, can be potentially fatal. This potentially lethal strain first appeared in Britain in the 1980s and is technically known as Verocytotoxin-producing E.coli, ...
- Lawyers may quiver at this:
Only change is certain! And, of course, every change brings with it opportunity – for someone! Here’s a quote from a recent article in London that should have lawyers quivering who think that law is only a profession and not a business as well: “As reported by the The Lawyer (6 February), former...
- Copper better than stainless steel for food safety, scientists say
By Ahmed ElAmin 20/07/2006 – That copper cooking kettle may provide better protection against foodborne bacteria than a stainless steel one, according to scientists. The study suggests that the use of cast copper alloys during food processing may help prevent cross-contamination of E. coli better...
- Hybrid human/animal embryos created for research
In Greek mythology, the Minotaur was a hybrid monster: half-man, half-bull; now, UK scientists have applied for a license to create hybrid embryos using human cells and animal eggs for stem cell research to develop new disease treatments. The “hybrid embryo will be 99.9 percent human and 0.1...
- EPA’s Stewardship Program in Jeopardy?
Information out of Europe suggests that the U.S. EPA’s Nanoscale Materials Stewardship Program, when finally launched, may not be as successful as the Agency hopes. A similar program in the United Kingdom, the Voluntary Reporting Scheme for Engineered Nanoscale Materials, administered by the...
- Yes to Life offers cancer support (conventional and complementary)
Yes to Life is a new nonprofit offering cancer alterantives. Yes to Life is here: People with cancer now have a direct route to complementary and alternative treatments worldwide, thanks to a new online directory from UK charity Yes to Life. The database, being developed by Yes to Life with the...
- Google’s speedy indexing of blogs
Darren Rowse posted this morning about the speed of Google indexing blogs. Indexing just means Google saving a blog post on Google servers and making it available in search results on a relevant search. Darren found it took just 20 minutes for a recent post of his to show up on Google. Decided to...
- UK Opens “Public Inquiry” Into Death E coli Victim Mason Jones
William Tudor, the butcher jailed for food safety violations, after the meat he supplied schools in the United Kingdom killed young Mason Jones will not be testifying in the public inquiry now being held. The death of Mason Jones and the illnesses of 118 confirmed cases of E. coli O17:H7, including ...
- British Acupuncture Council news
Here is news from the British Acupuncture Council on law and regulation of acupuncture and traditional oriental medicine in the UK. The British Acupuncture Council (BAcC) welcomes the report out from the Department of Health Steering Group on the Regulation of Acupuncture, Herbal Medicine and...
- Asbestos Litigation – Will the UK Reinstate Compensation for Pleural Plaques ?
How should governments and courts decide/define when persons have a condition that should warrant payment of compensation through tort claims or through government agency programs ? The question is relevant in many settings, but the issues I know best relate to asbestos litigation. The question is...