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Article 10/05/2021
The convergence, announced in July 2021, on a “consensus-based solution” on base erosion and profit shifting by members of the OECD/G20 Inclusive Framework will have escaped the attention of few people active in the global insurance industry.
Article 07/01/2021
The European Commission recently released a new set of Standard Contractual Clauses for the transfer of personal data from controllers or processors in Europe (or who are otherwise subject to the GDPR) to controllers or processors established outside Europe (and who are not subject to the GDPR). Special Counsel Nicholas Blackmore discusses the new Standard Contractual Clauses, and when businesses need to start using them.
Article 03/31/2021
A summary of recent developments impacted by Brexit, including employment law impacts, the implications of the Free Trade Agreement for SMEs, cross-border insolvency and the use of the Model Law to combat issues, data flows in a post-Brexit world and an overview of UK legal and regulatory issues for 2021.
Article 03/30/2021
Following our review of key issues for 2021 in this article we consider the impact of recent developments in product requirements for insurers, particularly in light of the FCA’s focus on value in distribution chains, pricing and vulnerable customers.
Article 03/04/2021
The Chancellor of the Exchequer yesterday announced his Spring Statement. Rishi Sunak has been clear that the public need to understand the true economic cost of the pandemic. And so whilst committing to do whatever it takes to support people and businesses throughout the pandemic, he has not shied away from highlighting the "enormous toll" this has had on the economy and our public finances.
Article 03/04/2021
Chancellor Rishi Sunak MP delivered his second budget yesterday which predominantly focused on maintaining, extending and creating new COVID-19 measures. This budget was a response to the pandemic first and foremost and, on that front, it more than delivered. Here, our commercial experts provide an overview of what the measures mean to businesses in a number of critical areas.
Article 02/15/2021
Understandably there has been much focus of late on how Brexit impacts upon European and UK cross-border insolvencies going forward, some of which has been touched upon in our previous article. Here, we consider how insolvency officers in the USA can seek insolvency assistance in the UK and whether this may differ from the approach to be taken by insolvency office holders in Europe.
Article 01/29/2021
As 2020 was finally drawing to an end, many of us wondered whether the much talked about ‘no-deal’ Brexit would become a reality after many failed negotiations between the UK and EU. With just days before the completion deadline, it was announced on 24 December that an agreement had finally been reached between the parties.
Article 12/16/2020
The transition period is shortly coming to a close. Deal or No Deal, we consider whether the Insolvency (Amendment) (EU Exit) Regulations 2019 as amended can fully replace the EU Insolvency Regulation and the Recast Insolvency Regulation.
Article 12/16/2020
Personal guarantees can be crucial for businesses, allowing them to expand and improve cash flow where they otherwise would not be able to. Guarantors are often aware of the risks attached to the provision of such a guarantee. However, in some cases clauses can be misleading, making it unclear what is required under the contract and/or guarantee.
