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Article 09/05/2022
The State Opening of Parliament will take place on 10 May 2022, with the Queen’s Speech setting out the Government’s agenda and economic plans for the next session. We take a look at what new laws could be announced and what measures from last year’s Queen’s Speech are confirmed as being carried over.
Article 01/04/2022
After years of discussion about ways to thwart the flow of so called dirty money, UK Parliament has fast tracked, in what has been reported to be at unprecedented speed, the journey of The Economic Crime (Transparency and Enforcement) Act 2022 (ECA) in response to the recent armed conflict in Ukraine.
Report 16/03/2022
In this report, Kennedys experts explore key legal and regulatory developments, and provide an overview of the business critical topics which marine and aviation insurers should consider as they plan for operational resilience in 2022.
Article 09/03/2022
The Russian invasion of Ukraine remains ongoing, with conflict in various parts of the country, including in port regions. Here, we consider some of the immediate questions which may arise under charterparties and contracts of carriage subject to English law, following the outbreak of conflict.
Article 09/03/2022
For many years, the UK has been given the unenvious title of being a hub for money-laundering, with UK enforcement agencies lacking the armoury to tackle the influx of dirty money. The fast-tracking of the Economic Crime Bill, in response to the Russia/Ukraine conflict, is a further attempt by the UK to financially cleanse UK PLC.
Article 09/03/2022
Crypto no longer represents a murky sector of investing but is now a legitimate asset class. Mainstream investors are increasingly including crypto in portfolios as an inflation hedge alongside traditional assets. While crypto has been catapulted into the mainstream in the last couple of years or so, ESG – incorporating Environmental, Social, and Governance measures into running a business - has been a topic of discussion since the seminal 2004 UN report ‘Who Cares Wins’.
Article 09/03/2022
As Russia’s invasion of Ukraine progresses, global leaders have responded by imposing increasingly severe sanctions against Russia, Russian companies and Russian individuals. Here, we consider the impact of the current sanctions from various jurisdictions around the world, with a focus on those areas which might impact the global shipping and trade industry.
Article 02/03/2022
In a recent bulletin, we outlined the potential sanctions that may be deployed against Russia in the event of an invasion of Ukraine and the potential measures insurers might consider implementing by way of preparation. Now that Russian troops have crossed the border into Ukraine, the scope of the sanctions that have been enacted and may be enacted in the near future is becoming clearer.
Article 10/02/2022
Russia’s military build-up along its border with Ukraine has raised the very real spectre of a potential invasion by Russia of its neighbour.
Article 07/02/2022
The risks causing the biggest problems for insurers and their clients relate to environmental, social and governance (ESG) factors such as pollution, corruption and disease, according to a report into the global political landscape.
