Pandemic: ‘(of a disease) prevalent over a whole country or the world’ Fear: ‘an unpleasant emotion caused by the threat of danger, pain, or harm’ Management: ‘the process of dealing with or controlling things or people...

Introduction In this briefing we look at the regulatory framework applicable to remotely piloted aircrafts in Italy, as recently updated by the Italian Civil Aviation Authority. In particular, this Authority, in line with the Government’s deci...

On 12 March 2020, the International Swaps and Derivatives Association, Inc (“ISDA”) published a template amendment agreement which allows the parties to an English law governed ISDA Master Agreement to convert that agreement to an equiva...

  The Coronavirus (COVID-19) outbreak is causing disruption to businesses and markets across sectors and jurisdictions. In this briefing we offer some practical tips for borrowers, treasury departments and customers in relation to loans and oth...

The European Securities and Markets Authority (“ESMA”) has issued a public statement, “Actions to mitigate the impact of COVID-19 on the EU financial markets” urging national competent authorities not to prioritise supervisor...

There is no cyber-security threat looming on the horizon, the truth is that the storm is already here. An arms race, unseen, digital and all too little understood, is raging. The UK’s Head of Armed Forces, General Sir Nick Carter, recently sta...

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The FCA and the PRA have issued a joint statement aimed at dual-regulated firms in an attempt to introduce some flexibility in connection with the senior managers and certification regime (SMCR) during the current COVID-19 pandemic. Responding to co...

Background The ongoing coronavirus/COVID-19 pandemic has quickly developed into a deep economic crisis of the like never experienced before. Many businesses, including those in the financial services sector, are facing a prolonged period of disrupti...

On 30 March, the Luxembourg Government published a new draft law (the Draft Law) which looks set to increase the Luxembourg tax burden for transactions realised with enterprises based in jurisdictions on the EU’s list of “non-cooperative...

On 3 April 2020, the Basel Committee on Banking Supervision (“BCBS”) and the International Organization of Securities Commissions (“IOSCO”) issued a statement recommending an extension to Phases 5 and 6 of the initial margin ...

As COVID-19 continues to cause far reaching disruption, the Cayman Islands’ Ministry of Financial Services issued two Press Releases on 25 and 26 March, putting forward a package of measures designed to mitigate the neg...

Introduction The FCA Business Plan 2020/21 is understandably overshadowed by the unfolding COVID-19 pandemic but the FCA has, nonetheless, taken the opportunity to set broader goals and review the  way it conducts its business for the years ahe...

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...

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...

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