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Ultimate beneficiary identification procedures regulations in the Sultanate of Oman
Identifying the true owners of a corporate entity is a subject that governments and institutions are increasing focusing on as a method to tackle tax avoidance, maximising sanction enforcement, and facilitating policies for anti-money laundering.
The SEC’s proposed rule on climate-related disclosures: Potential concerns for general liability carriers
While many articles have discussed the potential impact of the Security Exchange Commission’s (“SEC”) proposed rule on climate-related disclosures for companies, their management, and professional lines insurers with a focus on financial disclosures, there are also areas of concern for general liability insurers. The rule will essentially be the first time the SEC will require companies to formally report about climate change risks when they make public filings.
Hong Kong Regulatory Insurance Update January 2023
In this January 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
Insurance forecast 2023: claims trends and future risks
Drawing on our experience across various risks, this 2023 insurance forecast report highlights some of the key trends that we anticipate will shape the insurance agenda for 2023 and beyond.
Kennedys appointed to core Aviva UK GI claims legal panel following a strategic review
Aviva has announced the conclusion of the first comprehensive review of its defendant legal panel in 10 years.
Building Safety Act update – key elements so far and what to expect in 2023
Whilst the Building Safety Act 2022 is now in force, only a limited amount of provisions have taken effect, with the remainder expected to become law during 2023. In this article, we take a look at the key elements implemented so far and what we anticipate seeing in the next year.
Crime and Regulatory roundup – December 2022
In this roundup, we consider recent developments in the Crime and Regulatory sphere, including, amongst other topics, the cost of living crisis and the responsibilities of employers in relation to stress at work, the publication of the recent Health and Safety report by the ORR, potential new sentencing guidelines for those convicted of selling knives to children, and the protection of children by the Online Safety Bill.
The Building Safety Act 2022 – the ‘Accountable Person’
The Building Safety Act 2022 received Royal Assent on 28 April 2022. Whilst most provisions are yet to come into force, it is expected that the Act will revolutionise building safety within England, Wales and Scotland. This article will focus on the Act’s impact on the English legal landscape.
The duty of employers to protect employees from stress at work
Against the background of the cost of living crisis, we explore employers’ legal duty to protect employees from stress at work, and the Health and Safety Executive’s recommendations for recognising and supporting employees.
Consignors beware – transportation of dangerous goods by road
The deadline for parties who are currently only acting as consignors of dangerous goods – because they send dangerous goods to others or because they are consignors under the terms of a contract - must, from 1 January 2023, have appointed a Dangerous Goods Safety Adviser (DGSA).