Legal Updates
Find the latest changes in the legal landscape that potentially affect your business. From changes in legislation and case law to regulatory reforms, at Ashurst we're able to support you on key legal developments.
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2967 Results
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EMPLOYMENT UPDATE
31 Mar 2023 Save the date – UK employment law changes and key dates
ADD TO CALENDAR 6 APRIL 2023The maximum week's pay used to calculate statutory redundancy payments will increase from £571 to £643 ADD TO CALENDAR 6 APRIL…
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finance regulatory
31 Mar 2023 ESG ratings providers: the regulatory net has been cast
But the wording of the proposed activity is wider in scope than some may have thought and will have the consequence of bringing some service providers into…
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Finance Regulatory
31 Mar 2023 UK Sustainability Labels Delayed
The practical effect of the delay means: The effective date for the rules has also been pushed back by 3 months (so 30 September 2024);While it is not…
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contentious financial services update
31 Mar 2023 Do sanctions excuse a confirming bank from making payment under a letter of credit?
The Court rejected the Confirming Bank's reliance on the principle in Ralli Bros4 - that the Court will not compel performance of an obligation where this…
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Class Actions Update
30 Mar 2023 Reduction in value can be repaired - latest guidance on damages in consumer claims
A registration process is still required before the total number of group members who will participate in any settlement or final judgment is known…
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QuickGuides | english civil litigation
30 Mar 2023 Judicial Review
The court will only grant permission if it considers that the applicant has sufficient interest in the matter to which the application relates 12The courts…
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Victorian Water Law Update
30 Mar 2023 Limitation periods for water law claims down the drain?
We anticipate that this inconsistency will be resolved in the near future, either by a subsequent Supreme Court case, or through legislative amendment to the…
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SAFETY MATTERS ALERT
30 Mar 2023 Is industrial manslaughter back on the agenda in NSW?
It is anticipated that any new industrial manslaughter Bill will propose the same significant penalties as contained in the 2021 Bill Another key difference…
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GLOBAL MARKETS UPDATE
30 Mar 2023 UK confirms extension to intragroup and pensions exemptions under UK EMIR
If equivalence is granted in respect of an applicable jurisdiction in the meantime, the exemptions will be curtailed and will expire either two months (for…
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Funds Insider | Issue 8
30 Mar 2023 Funds Insider | Issue 8
This edition will cover:Material adverse change clauses in finance documents – UK and US perspectiveSecondaries transactions in the funds sector – General…
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public M&A insights
29 Mar 2023 Here's to the ones who scheme
The traditional evidence relied on in the Court process in schemes will be reduced to: (1) three affidavits at the First Court Hearing - one attaching an ASIC…
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governance & Compliance update
29 Mar 2023 Ashurst Governance & Compliance Update – Issue 34
How will the FCA undertake reviews The FCA will conduct periodic reviews of annual reports to determine whether listed companies are meeting…
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Hong Kong Legal Update
27 Mar 2023 New path for technology companies to list in Hong Kong
From 31 March 2023 onwards, eligible companies will be able to list under the new Chapter 18C of the Listing Rules (Chapter 18C) It is notable that the…
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contentious financial services update
24 Mar 2023 Is enforcement action on the horizon for failed disclosures? FCA warning for ESG benchmarks
The letter confirms that the FCA's planned new rules on 'greenwashing' will require all firms making sustainability-related claims to ensure they are clear,…
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Global Markets Update
23 Mar 2023 Benchmark administrators warned to improve ESG disclosure
In a clear warning shot, the FCA advises administrators that it will continue to monitor ESG-based disclosure and will use supervisory tools and enforcement…
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PLANNING UPDATE
22 Mar 2023 Take Five: Environment Outcomes Reports
It's a new system of environmental assessment that will replace the existing (EU derived) Environmental Impact Assessment
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Legal update
21 Mar 2023 Innovation in biotechnology is driven by automatization and AI
AI that creates novel content, has fuelled the hopes and visions that artificial neural networks will soon be able to interpret complex data just like a human…
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thin capitalisation changes
21 Mar 2023 Exposure Draft Legislation for the New Thin Capitalisation Regime
The proposed changes will significantly impact taxpayers that are subject to the thin capitalisation regime The intended effect of the new regime is to more…
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Litigation Trending
20 Mar 2023 A more flexible approach to representative actions? An opt-out representative action gets the go-ahead in the High Court
In a noteworthy "Endnote" to his judgment, Mr Justice Knowles also took the opportunity to comment on the role of the legal system in offering a means of…
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Contentious Financial Services Update
17 Mar 2023 Reflections on PRA and FCA enforcement under the "twin peaks" system
On 1 April 2023 the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) will both celebrate their 10th birthdays since being…