Member Articles

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) are seeking to improve the operational resilience of the UK financial sector. This applies to many organisations, including: banks building societies, PRA-designated investment firms and insurers. The new rules and guidance will come into force on 31 March 2022. By then, firms must have identified any vulnerabilities in their operational resilience ...

The implications of Biodiversity Net Gain & Nutrient neutrality on planning applications ...

The advent of streaming video on demand platforms (SVOD) has made access to virtual content relatively easy. As a matter of fact, it is one of the many benefits that comes with the internet and technological evolution. However, when sharing or transmitting virtual contents to consumers or subscribers, these platforms must ensure that the appropriate licences are obtained from holders of intellectual property rights to avoid claims of infringement ...

Key Points Employers that claimed a tax credit for qualified COVID-related leave paid to employees in 2021 must report the amount of leave paid in Box 14 of the employee's 2021 Form W-2 or on a separate statement. The reporting requirement is new for 2021 for governmental employers, because those employers were not eligible for a tax credit for COVID-related leave paid in 2020 ...

The Coronavirus Aid, Relief, and Economic Security (CARES) Act assigned the U.S. Department of Treasury Office of Inspector General (OIG) responsibility for compliance monitoring and oversight of the receipt, disbursement, and use of payments from the Coronavirus Relief Fund (CRF Payments). OIG has also been given the authority to recoup CRF Payments in the event OIG determines that a recipient did not comply with Treasury regulations governing the use of CRF Payments ...

Notice 11/2021 of 2 December (the “Notice”) was approved by Banco Nacional de Angola (“BNA”) todefine the procedures for carrying out foreign investment operations and repatriation of capital byforeign exchange non-residents, in relation to (a) companies without shares admitted to trading onregulated markets (b) securities and derivative instruments and (c) divestment operations ...

For many years, the question of whether there should be more openness in the family courts has been a live issue. But previous proposals calling for increased transparency, including the initial government proposal of 2006 to allow the media to report on family cases, have been unsuccessful. In May 2019, President of the Family Division, Sir Andrew McFarlane, launched a review into transparency in the family courts and the report outlining his findings was published on 29 October 2021 ...

Dear valued clients, colleagues and friends, We are pleased to bring you the latest legal updates for January 2022 ...