In the Pipeline - March 2021
A guide to future employment and immigration law.
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A guide to future employment and immigration law.
On 16 March 2021, the UK Government published a delayed integrated review of security, defence, development and foreign policy, setting out in general terms the UK's approach to national security and international policy over the next five years (the "Integrated Review").
The European Supervisory Authorities have issued a consultation paper on the content and presentation of certain Taxonomy-related disclosures under the Sustainable Finance Disclosure Regulation.
Since 1 January 2021, the new points-based immigration system has applied equally to non-EU nationals as well as EU nationals who move to the UK to live and work. Following the end of the Brexit Transition period, EU nationals who were not resident in the UK by 31 December 2020 must now qualify for visas under the same immigration rules as non-EU nationals.
The UK Government has announced that full border controls on imports of most goods from the EU will not now be introduced until 1 January 2022. This is a significant delay, as it had previously planned to introduce full controls by 1 July 2021.
On 3 March 2021, the Government announced a further extension to the Coronavirus Job Retention Scheme (the Scheme). The Scheme, which was due to close on 30 April 2021, has been extended until 30 September 2021. However, the level of the Government subsidy will taper between July and September as the Scheme winds down.
Key employment and business immigration developments for employers.
In a significant ruling, the Supreme Court has held that the Serious Fraud Office ("SFO") does not possess the power to compel a foreign company with no business or presence in the UK to produce documents held outside the UK.
Of particular interest to many parties will be the cessation of 26 of the 35 LIBOR benchmark tenors immediately after 31 December 2021.
Welcome to the third in our series of short webinars looking at the key employment law developments in the pipeline for 2021.
The recommendations of Lord Hill's UK Listing Review were published yesterday, 3 March. The review, which was launched in November 2020, considers the efficiency, attractiveness, and competitiveness of the post-Brexit UK Listing Regime.