y

Coronavirus - Flexibility on SMCR - UK

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...




y

Coronavirus - UK Government’s economic assistance packages and their availability to financial services businesses - UK

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...




y

New Defensive Measures for Blacklisted Jurisdictions: What impact will Luxembourg’s recent announcement have on Cayman-domiciled funds?

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...




y

Coronavirus - Cayman Ministry announces package relief measures - Global

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...




y

Protecting confidential information in an AI-led and augmented reality

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...




y

Payment Matters: No. 45

This edition includes: The impact of COVID 19: Regulatory updates Competition and Markets Authority: Open Banking EU Consultation on retail payments strategy for the EU  Full Article



y

Coronavirus - FCA finalises guidance on temporary financial relief for consumer credit customers - UK

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...




y

Coronavirus - FCA issues draft temporary guidance for firms on motor finance agreements and coronavirus – UK

  On Friday 17 April 2020, the FCA issued a draft guidance for consultation on temporary forbearance measures to assist motor finance customers facing financial difficulty because of COVID-19.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...




y

Coronavirus - FCA issues further draft Covid-19 guidance for Buy-Now Pay-Later and other high cost products - UK

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...




y

Coronavirus - Overview of measures in the financial sector by Dutch Regulators due to the Corona pandemic

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...




y

Coronavirus - Executive pay and rewards - UK

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...




y

Education briefing - Equality and Human Rights Commission publishes report on its inquiry into racial harassment in Higher Education

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...




y

Education briefings - New developments in privilege in employment

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 ...




y

Briefing on the Charity Commission’s guidance for charities with a connection to a non-charity

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...




y

Education briefing - 5 point plan for effectively managing disruption on campus.

  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...




y

Education briefing - General Election 2019 - What are the Parties saying about education ?

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...




y

Education briefing – General Election 2019 – what are the parties saying about key issues for the sector on employment, equality, Brexit and immigration?

  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



y

Education ebriefing – MAC publishes long anticipated report on the future immigration system

Two important announcements this week are relevant to the UK’s immigration requirements for several years. Brexit is, of course, scheduled for 11pm on 31 January 2020. In addition, a report published yesterday makes recommendations for the fut...




y

Coronavirus - Employment law update (Education) - the UK

  Wuhan coronavirus: implications for institutions Overview The spread of the Wuhan coronavirus gives rise to the same issues for organisations wherever they are based or operate around the world. These include assessing the risks faced by thei...




y

Education briefing - Employment law after Brexit

The UK’s exit from the European Union on Friday 31 January 2020 has a number of important consequences for education institutions. In our briefing of 29 January 2020 we covered the publication of the long anticipated report from the Migration ...




y

Education ebriefing – Statutory parental bereavement leave and pay to commence in April 2020

Background The Parental Bereavement (Leave and Pay) Act 2018 received Royal Assent as long ago as 13 September 2018. The intention was the Act would come into force in 2020, with further clarification on the provisions to be contained in regulations...




y

Education briefing - Further clarity on the use of NDAs – new ACAS guidance published

The Advisory, Conciliation and Arbitration Service (ACAS) has published guidance which aims to provide greater clarity for employers, managers, HR professionals, workers, worker/trade union representatives and job applicants on the law and good...




y

HR Summer School - Grasping the nettle - Henley Business School 7-8th July 2020

Please find details below of our next HR Summer School which may be of interest to yourself or colleagues. Click here The Summer School is being held at Henley Business School on 7th/8th July 2020 which includes conference dinner and your accom...




y

Education briefing - Government’s plans for new immigration system published

The Government has now published a policy statement setting out details of the immigration system which it intends will apply in the UK from 1 January 2021. This follows the report by the Migration Advisory Committee (MAC) on 28 January 2020 setting...




y

Education briefing - 5 point plan for effectively managing disruption on campus.

The latest round of 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 and ...




y

Coronavirus - Employment law update (Education) - the UK

Overview Our previous briefing on this topic (Coronavirus: Implications for Institutions) set out the main issues facing institutions when dealing with the CoVID-19 outbreak. In this briefing we address some of the more com...




y

Education briefing - Coronavirus - Emergency volunteering leave

The Coronavirus Act 2020 has now been enacted and introduces a new statutory emergency volunteering leave, to support health and social care authorities. Health and social care workforces are under increasing pressure in providing services during th...




y

Education Briefing - Coronavirus Job Retention Scheme: Guidance for Employers

1. INTRODUCTION On Friday 20 March 2020, the Chancellor announced a new “Coronavirus Job Retention Scheme” (the Scheme) to help pay people’s wages. Employers will be able to contact HMRC for a grant to cover most of the wages of their workforce who ...




y

Education briefing - Coronavirus: when can untaken statutory holiday be carried over?

The Working Time (Coronavirus) (Amendment) Regulations 2020 came into force on 26 March 2020. These amend the Working Time Regulations 1998 to create an exemption relating specifically to COVID-19 and holiday leave. Under the Working Time Regulation...




y

Education briefing - Institutes of Technology – a new wave….

Last month the Department for Education published its prospectus for a second wave of institutes of technology (see here). £120m has been pledged to ensure access to an institu...




y

WEBINAR RECORDING - Coronavirus - An overview of employment law issues for education institutions

...




y

Education briefing: Updated CJRS Guidance and Treasury Direction

Less than a week before the Coronavirus Job Retention Scheme (the Scheme) is due to go live (currently due to open on 20 April), further significant changes have been published in the form of a Treasury Direction (the Direction), setting out the



y

WEBINAR RECORDING - Covid-19 and higher education: How universities and pathway providers are navigating disruption

...




y

Education briefing - Fitness to study and coronavirus

A common topic for sector discussion is whether “fitness to study” is an appropriate term to use in connection with an institution’s regulation of its student community where a concern arises about the ability of a student to study...




y

Yes, COVID-19. But what about other infectious diseases?

More than 250,000 people have died in this pandemic, but untold indirect losses lie ahead as other health services risk being neglected.




y

Coronavirus and aid: What we’re watching, 7-13 May

Shattered ceasefires, a $6.7-billion price tag, and Italy’s migrant amnesty: updates on how COVID-19 is disrupting humanitarian efforts around the globe.




y

UN cuts extra pay for health workers in Yemen just as COVID-19 hits

Up to a third of the country’s medical staff and health workers could lose out in the planned WHO cuts.




y

COVID-19 in Yemen, pandemic aid costings, and military executions: The Cheat Sheet

A weekly read to keep you in the loop on humanitarian issues.




y

$961M ‘hot money’ exits PH in March

A six-year high of $961.05-million foreign portfolio investments left the Philippines in March, Bangko Sentral ng Pilipinas (BSP) data showed. March’s net outflows of “hot money” — so called because of how easily these go in and out of the economy — was a turnaround from February’s $40.06-million net inflows. The latest amount was the […]




y

Cayetano warns of ‘reckoning’ for those responsible for ABS-CBN franchise ‘mess’

SPEAKER Alan Peter Cayetano breaks his silence on the closure of media giant ABS-CBN Corp. after a cease and desist order was issued by the National Telecommunications Commission (NTC) and warned of “reckoning” for those responsible for the “mess”. “Last Tuesday we were all ambushed by the NTC,” Cayetano said in a statement posted on […]




y

PH ‘adapted well’ as healthcare system ‘not overwhelmed’ due to ECQ–expert

THE Philippines has “adapted well” as its health care capacity was “not overwhelmed” by the coronavirus disease 2019 (covid-19)due to the enhanced community quarantine (ECQ) the government had enforced , an expert and consultant for the Interagency Taskforce on Emerging Infectious Diseases (IATF-EID) said on Friday. Edcel Salvana, director of the Institute of Molecular Biology […]




y

Ex-POC chief cherry-picks Diaz, Marcial for Olympic goals

FORMER Philippine Olympic Committee (POC) president Ricky Vargas believes that 2016 Rio Olympics weightlifting silver medalist Hidilyn Diaz and 2015 Southeast Asian Games boxing welterweight gold medalist Eumir Felix Marcial have the strongest chances of winning the country’s first ever gold at the Olympics next year. Vargas, currently the president of the Association of Boxing Alliances in the Philippines (ABAP) and formerly the Philippine Basketball Association chairman, […]




y

They protested for food – the police fired rubber bullets

Excessive use of force by the security forces during the Covid-19 pandemic has overwhelmingly been experienced in poor communities

The post They protested for food – the police fired rubber bullets appeared first on The Mail & Guardian.





y

Southern Africa’s cannabis industry offers opportunity for open-minded investors

The stigma around the plant needs to be addressed and citizens involved in new policies and processes in order for the market to change

The post Southern Africa’s cannabis industry offers opportunity for open-minded investors appeared first on The Mail & Guardian.




y

Young people need a bailout: Cancel student debt held by national banks

A more equitable and fair society, able to conquer the effects of pandemics, starts with debt-free education and skills development

The post Young people need a bailout: Cancel student debt held by national banks appeared first on The Mail & Guardian.




y

Listen to the voice of Generation C — they have answers for Africa’s future

Many young people already know how to deal with the problems the Covid-19 pandemic has wrought — they have been living with them all along

The post Listen to the voice of Generation C — they have answers for Africa’s future appeared first on The Mail & Guardian.




y

Covid-19: An opportunity for universities to regain public trust

The coronavirus pandemic has brought the role of universities in nurturing scientific inquiry and evidence-based policy-making to the fore

The post Covid-19: An opportunity for universities to regain public trust appeared first on The Mail & Guardian.




y

Drones spray Indian city after lockdown clashes

AHMEDABAD, India: Drones hovered over this pandemic-stricken city on Saturday spraying disinfectant on the streets, hours after security forces clashed with residents who defied a toughened lockdown.




y

Man wanted for 4 murders arrested after 6 years on the run

A man wanted in connection with the murder of four people in Ayutthaya was arrested in Suphan Buri on Saturday, six years after fleeing arrest.