COVID-19

The impact of the COVID-19 pandemic continues to be felt across the global business community.

COVID-19

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The European Green Deal - overview and status report

The European Green Deal, announced by the European Commission in December 2019, commits the EU to becoming climate-neutral by 2050 whilst promising to help companies to become world leaders in clean products and green technologies. The ambitious and wide-ranging measures set out in the plan are aimed at achieving significant reductions in carbon emissions and a net zero target will be given legislative force in a new Climate Law.

Mini-Budget: Plan for Jobs

On 8th July the Chancellor delivered a "Plan for Jobs" aimed at stimulating the British economy, in particular the flagging hospitality sector and lacklustre housing market.

UK announces first sanctions under new 'post-Brexit' global human rights regime on 49 people and organisations

On 6 July 2020, the UK Government enacted the Global Human Rights Sanctions Regulations 2020 ("Sanction Regulations"), which is secondary legislation made under the Sanctions and Anti-Money Laundering Act 2018 ("SAMLA"). This marks the first time that the UK has independently sanctioned people or organisations for human rights violations and abuses under a UK-only regime. Although limited in scope at this stage, there are already calls to increase the number of individuals and organisations who are targeted by the new 'Magnitsky' style sanctions regime.

UK investigations into modern slavery and supply chain exploitation

Respect for the human rights of workers in businesses across all jurisdictions and supply chains is now recognised as a core part of corporate compliance and accountability. Yet despite advances in this area, including the introduction of ground-breaking legislation such as the UK's Modern Slavery Act, recent allegations of poor working conditions in Leicester's clothing factories highlight that modern slavery remains a real risk to both UK and overseas workers.

Building back better, greener and faster

On 25 June, the Committee on Climate Change (CCC) presented its annual report to Parliament, reflecting on progress over the last year and recommending action for the next. Not surprisingly given the extraordinary circumstances, the tone and content of the 2020 report is quite different from previous reports, with a strong focus on a green recovery from the COVID-19 crisis and a message that short-term measures have the potential to significantly impact long-term climate goals.  

Jurisdiction and Judgments: where are we now?

International businesses like English law and feel comfortable using London as a venue to resolve their disputes, particularly those with significant monetary, reputation or precedent value. Brexit will not affect the benefits of using English law or, in the round, the attraction of an English forum, be that the English courts or a London-seated arbitral tribunal.

Anti-bribery and Corruption during COVID-19: key compliance steps

Bribery and corruption risks are often elevated in times of crisis and affect all aspects of the compliance world. This is particularly true in respect of the COVID-19 pandemic due to a number of factors, including a financially volatile climate, increased cyber-security threats and diverted corporate focus towards other COVID-19 risks.

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