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From FOREX to FTSE it can feel like the commercial world is already full to the brim with acronyms. However, if you are a business that deals with loans, bonds, derivatives or other financial instruments and contracts, it is time to include a new one in your vocabulary: SONIA.
Following the publication of The Legal 500 UK 2022, we are proud to announce that the firm has once again achieved impressive rankings and recognition within the latest guide to leading law firms and lawyers.
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.
Our Manchester office has acted for Cheshire-based video games publisher and developer, Merge Games in its sale to Zordix AB.
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.
Kennedys has continued its growth in the Middle East with the opening of a new office in Muscat, in the Sultanate of Oman. This office opening is in response to client demand for a presence in Oman, and sees Kennedys become the only international insurance-focused law firm in the country.
Kennedys has relocated its Manchester team to new premises in the city following further expansion in the team. Kennedys opened in Manchester in October 2008 with a team of 12 and in October 2016 the team moved to larger premises in The Tootal buildings.
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.
Insurers and intermediaries: UK legal and regulatory certainties in 2021 – Part 2: Developments in product governance
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.
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.