Across the banking sector, the Bank of England and the Financial Conduct Authority predict that firms’ utilisation of artificial intelligence (AI) solutions will triple in the next three years (BoE and FCA Joint Report on Machine Learning in U...

On Thursday 9 April, the FCA confirmed measures to support consumer credit customers facing financial difficulty as a result of COVID 19 on personal loans, credit cards and overdrafts. Measures introduced by the new rules became applicable on Tuesda...

  On Friday 17 April 2020, the FCA issued a draft guidance for consultation on temporary forbearance measures to assist motor finance customers facing financial difficulty because of COVID-19. The consultation will close at 5 pm on Monday 20 Ap...

Our client briefing, “The final AIFMD cross-border fund distribution package: mapping the changes” published on 22 July 2019, provided a summary of the main changes introduced by Regulation (EU) 2019/1156 on facilitating cross-border d...

On Friday 17 April the FCA issued draft guidance on Buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking. It proposes temporary financial relief for customers impacted by coronavirus and is intended to complement measures finalised on 9 April...

After previously setting out its expectations of general insurance firms in relation to their treatment of consumers during the coronavirus (Covid-19) pandemic, on 15 April 2020 the UK Financial Regulator, the Financial Conduct Authority (FCA), ...

DNB (the Dutch Central Bank) Banks: Micro prudential, less significant institutions (LSIs) - Banks can use their capital and liquidity buffer. Therefore, banks will be allowed to temporarily operate below the level of capital as defined by t...

Please note that further information is expected and we will update this note when this is available. Set out below is a summary of measures that have been announced by governments in various jurisdictions in response to the COVID-19 outbreak. ...

Please note, we will continue to update this note as and when further measures are announced. Summarises of the current position on directors' duties across some key jurisdictions noting any significant changes that have been announced by government...

  We are producing a series of videos in which some of our leading practices discuss the principal issues and opportunities in financial services as the COVID crisis abates, and we start moving into a new form of business as usual. Some of thes...

In this period of market uncertainty, financial services firms globally are facing a number of challenges and questions. We have created a selection of recent articles, webinars, podcasts and short videos published by Eversheds Sutherland to he...

Listen as our panel answer some of the most common questions on post-COVID19 litigation trends - this was presented in conjunction with Ankura. A recording of the session can be listened to here. In this session we explored: a review of the economi...

Coronavirus and executive pay: the issues The COVID-19 pandemic has prompted an economic crisis that has far surpassed that of the financial crash in 2008. The implications for executive pay against the backdrop of furloughed staff, lay-offs, staff...

Last December, the Equality and Human Rights Commission (EHRC) launched an inquiry into racial harassment in Higher Education. On 23 October 2019 the EHRC published its report “Tackling racial harassment: universities challenged” under t...

Two recent decisions have provided additional guidance in the area of privilege in an employment context. The cases provide information that will be helpful to lawyers advising in this area and to those seeking and utilising legal advice, including ...

To mark World Menopause Day on 18 October, the Advisory, Conciliation and Arbitration Service (Acas) has published guidance to help employers and managers support staff who are affected by the menopause at work. The guidance includes an overvie...

1. Introduction 1.1 The Charity Commission has recently released detailed guidance for charities on their connections to non-charities, highlighting that whilst such connections can bring benefits they can also present risks and challenges. Common s...

  This week’s industrial action by University lecturers and other members of staff brings back into focus the risk of disruption on campus from students and others who are affected by the strike action. Disruption on campus can arise...

With the General Election now just over 2 weeks away the manifestos have been published, with all of them - to varying degrees - containing promises on what the relevant party will do in the education sector if it is successful in the election. In t...

  With the General Election 2 weeks away the manifestos have been published. All of them - to varying degrees - containing promises on what the relevant party will do in the education sector if it is successful in the election. Full Article