UK Legal Update - Spring 2024
Our round-up of recent and forthcoming developments in UK law and practice for our international stakeholders.
Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.
Our round-up of recent and forthcoming developments in UK law and practice for our international stakeholders.
A regular briefing for the alternative asset management industry.
After a software glitch incorrectly showed that a player had won £1 million in an online game, the Court of Appeal has ruled that former National Lottery operator Camelot did not need to make the £1 million payout, based on its "click-wrap" terms and conditions. What lessons does this hold for other B2C businesses, particularly when the contract is made online?
From smart TVs, fridges and washing machines to baby monitors and cameras, household devices are increasingly offering connectivity and data exchange functionalities using the internet or other networks to create the 'Internet of Things'. From 29 April 2024, products of this type being marketed in the UK must comply with new cyber security requirements.
In a unanimous judgment, the Supreme Court of New Zealand has overturned the Court of Appeal's decision, which struck out Mr Smith's three tortious claims against seven corporate defendants (read our previous briefing here). The Supreme Court has allowed Mr Smith's claims in negligence, public nuisance, and a novel "climate system damage" tort to proceed to trial.
This briefing sets out the headline themes and changes that premium-listed companies should be aware of for the 2024 AGM season, together with a list of further useful resources.
Further to the Government's announcements of planned changes to UK Immigration Rules aimed at reducing net migration, more details have now been released in relation to the upcoming changes, which are set to take effect from 4 April 2024. These changes will impact employers sponsoring visas for employees under the Skilled Worker and Global Business Mobility: Senior or Specialist Worker visa routes.
The SEC released the final, highly anticipated climate-related disclosure rules on 6 March 2024 (the Final Rules), following a record number of comments on its proposed rules (released in 2022) and much discussion in the market wondering how far the SEC would go in requiring companies to expand disclosure on emissions and climate-related risks, strategy and expenditure.
The UK's departure from the European Union has not led to all EU-derived law being jettisoned; on the contrary, a significant proportion of it has been retained. This briefing explains what retained EU law is, why it's important and how it's affected by the Retained EU Law (Revocation and Reform) Act 2023.
From 1 January 2024, retained EU law has a new name ("assimilated law") and different rules apply when interpreting it. We explain why this matters and what the impact on business is likely to be.
Key employment and business immigration developments for employers.
One of the most high-profile announcements in this year's Budget was the abolition of the UK's current tax regime that applies to UK resident, but non-UK domiciled individuals ("Non-Doms").
A regular briefing for the alternative asset management industry.
Find the latest news, views and our analysis of all the key announcements.
The Competition and Markets Authority (the CMA) has now concluded its year-long, market-wide study into the housing sector, examining possible competition law or consumer protection issues prevalent across the industry. It looked at a range of issues impacting competition between housebuilders – including land-banking, planning, the involvement of intermediaries, and estate management.
Case Briefing - A sole arbitrator removed on grounds of apparent bias: H1 and another v W and others
In December 2022, the European Commission published its proposals for a regulation ("EMIR 3.0") amending the European Market Infrastructure Regulation ("EMIR"). On 13 February 2024, following negotiation and political agreement with the EU Parliament, the Council of the European Union released the final text of EMIR 3.0, which is expected to be published in the Official Journal pending Parliament's approval.