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Data Privacy Newsletter - Issue 16 Selected legal and regulatory developments in data privacy for July 2021 It was so very close… But, unlike the football, we got the result we wanted… On 28 June, the EU adopted its adequacy decisions for the UK under the EU GDPR and t... Tax and the City Review for July 2021 Mike Lane and Zoe Andrews consider the FTT’s decision in West Burton; the High Court judgment in TP ICAP; the attractiveness of the UK for financial services and EU public country-by-country reporting rules. The FTT in West Burton decides that you ... FCA guidance on Part VII transfers - proposed changes On 8 July the FCA published a consultation on amending the guidance on their approach to the review of Part VII insurance business transfers.  GC 21/3: Proposed changes to guidance on the FCA’s approach to the review of Part VII insurance busi... The consequences of paying with data There is a growing concern that individuals are losing control over their data as a result of the shift from traditional payment mechanisms to ‘paying with their data’. In this briefing we explore the intended and unintended consequences of &l... BLOG: Delivering the European Green Deal The European Commission has adopted a package of measures intended to put the EU firmly on the road to climate neutrality by 2050 with the intermediate step of a minimum 55% reduction in net greenhouse gas emissions by 2030. An overhaul of the EU Emi... Attracting more IPOs to London: FCA and Government publish proposals The FCA and HM Treasury have proposed some of the most significant changes to the UK listing and prospectus regimes for many years and are designed primarily to attract more companies to list in London.  This month the FCA and HM Treasury proposed s... EFIG: European Banking Newsletter - July 2021 Development's in this month's edition include: Regulation and Directive on digital operational resilience – European Central Bank publishes Opinion Single supervisory mechanism – European Central Bank Regulation amending Regulation... Contractual obligation is no excuse for disposition of property in a winding up This client briefing discusses a Court of Final Appeal’s decision concerning the application of section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance. Background Section 182 of the Companies (Winding Up and Miscellaneous... What next for UK Solvency II? On 1 July HM Treasury published a summary of the responses it received to its autumn 2020 call for evidence on the Review of Solvency II. In this client briefing we highlight some of the key points raised by respondents and the next steps in the process. ... Nature – The next ESG frontier for corporates? A company’s relationship with the environment goes beyond its CO2 emissions. While boards will understandably be focused on recent climate-related initiatives, organisations should also be thinking about their impacts and dependencies on the natural...