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Funded Reinsurance - PRA Consultation On 16 November the PRA published a consultation (CP24/23) on a new supervisory statement setting out the PRA’s expectations in respect of life insurance firms entering into or holding funded reinsurance arrangements as cedants. On 16 November the...
Employment Bulletin - November 2023 Topics covered in this bulletin: Slaughter and May Highly Commended at the International Employment Lawyer Awards Changes to TUPE and to the Working Time Regulations Bonus clawback provision was not a restraint of trade New employer duty to take...
Online Safety Act becomes law, but with phased entry into force The Online Safety Act (OSA), which imposes a host of new duties on in-scope online services, will, according to the government, “make the UK the safest place in the world to be online”. But the Act has proven particularly divisive during its long passage....
Global Investigations Bulletin (November 2023) The latest version of the Global Investigations Bulletin has now been published. In this edition we consider the Economic Crime and Corporate Transparency Act, as well as recent investigations news and hot topics. Rankings and Awards We were pleased to...
EFIG: European Banking Newsletter – November 2023 Developments in this month's edition include: Sound practices in counterparty credit risk – ECB publishes report Annual Work Programme 2024 – published by EBA EU-UK Financial Regulatory Forum – HM Treasury and European...
Competition & Regulatory Newsletter: European Court of Justice rules non-compete clauses between companies in different sectors can be "by object" restriction On 26 October 2023, the European Court of Justice found that cross-market non-compete clauses may constitute a restriction of competition by object, even when the underlying agreement can give rise to consumer benefits. On 26 October 2023, the European...
The Legal 500: Blockchain Country Comparative Guide 2023 - Hong Kong chapter The Blockchain Country Comparative Guide aims to provide an overview of the law and practice of blockchain law across a variety of jurisdictions. This chapter relates to Hong Kong law.   1.     Please provide a high-level overview of...
The Legal 500: Blockchain Country Comparative Guide 2023 - UK chapter The Blockchain Country Comparative Guide aims to provide an overview of the law and practice of blockchain law across a variety of jurisdictions. This chapter relates to UK law.   Blockchain Market Overview 1. Please provide a high-level overview...
The CFA affirms the SFC's power to tackle cross-border market misconduct This briefing highlights the main points of the CFA's decision to affirm the SFC's power to tackle cross-border market misconduct The Hong Kong Court of Final Appeal (“CFA”) recently decided that the Securities and Futures Commission (“SFC”) could...
Data Privacy Newsletter - Issue 23 In this issue: Regulatory guidance, Enforcement overview, Case law update, Views from South East Asia, and Data Privacy at Slaughter and May Well, it certainly has been a busy autumn. We were delighted to discuss data...