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On 20 April 2022, the FCA introduced new Listing Rules (LR) (LR 9.8.6R(9) and LR 14.3.33R(1)) which set board diversity targets and require that, as part of their ongoing listing obligations, in scope companies include a statement in their annual financial report detailing whether they have met the specified targets.
FCA takes no chances in implementing its Consumer Duty: what this means for insurers and intermediaries
As we flagged earlier this year, the FCA’s new Consumer Duty is perhaps the most important regulatory development in the UK this year. As we reach the FCA’s end of October deadline for firms’ boards to have scrutinised, challenged and ultimately agreed the implementation plan for this wide-ranging duty, the focus is turning to how to implement it in time for July 2023.
Following the publication of The Legal 500 UK 2023, 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.
A summary of key developments including a political landscape roundup, an update on the Damages Claims Portal, the Civil Justice Council’s holistic costs consultation, and the Ministry of Justice’s proposals to increase the use of mediation in the civil justice system.
Digital twin technology: the opportunities and risks of digital twins in construction and real estate
In this article, we look at the opportunities of digital twin technology for the construction and real estate industries, as well as potential risk factors.
In July 2022, the annual rate of UK inflation (10.1%) was the highest it has been since 1982, affecting the affordability of goods and services. The high rates of inflation are predominantly due to supply chain disruptions and consumer demand, and the substantial increases in energy prices.
In June 2022, we reported on the introduction of the Economic Crime (Transparency and Enforcement) Act 2022, which has now come into force as of 1 August 2022. Further guidance has now been released in respect of the Act’s main feature which is to introduce the Register of Overseas Entities at Companies House.
The Levelling up and Regeneration Bill aims to reverse geographical disparities between different parts of the UK by spreading opportunity more equally.
We are pleased to announce another key appointment to our growing corporate and commercial division. Partner Matthew Poli, who joins from (formerly) BLM, will be based in London but will work with clients globally on a broad range of non-contentious matters.
The Civil Justice Council Costs Working Group has been charged with taking a strategic and holistic look at costs, particularly given the ongoing transformation of civil justice into a digital justice system. As part of the review exercise, the group has launched a consultation that will remain open until 12pm on 30 September 2022. In this article, we look at the four areas covered by the consultation.