New High Court case considers nature and scope of the Quincecare duty -
In June, the Court of Appeal expanded the scope of a bank’s duty of care to protect its customers from fraud to encompass instructions by those other...more
6/21/2022
/ Bank of England ,
Banks ,
Civil Monetary Penalty ,
Climate Change ,
Criminal Liability ,
Duty of Care ,
Economic Sanctions ,
EU ,
European Commission ,
Financial Accounting ,
Fraud ,
Insurance Industry ,
Member State ,
Money Laundering ,
Office of Financial Sanctions Implementation (OFSI) ,
Payment Systems Regulator (PSR) ,
Prudential Regulation Authority (PRA) ,
Risk Factors ,
Russia ,
Third-Party Service Provider ,
UK ,
UK Regulatory Reforms
On July 13, 2021, the US Department of State, US Department of the Treasury, US Department of Commerce, US Department of Homeland Security, Office of the United States Trade Representative, and US Department of Labor issued...more
8/13/2021
/ China ,
Department of Homeland Security (DHS) ,
Department of Labor (DOL) ,
Due Diligence ,
Economic Sanctions ,
EU ,
European Commission ,
Forced Labor ,
Guidance Update ,
Human Rights ,
New Guidance ,
Supply Chain ,
Surveillance ,
U.S. Commerce Department ,
U.S. Treasury ,
US State Departments ,
USTR
The European Commission’s June 2020 White Paper outlined its initial plans for a subsidies regime. The Commission has now developed these plans in its proposals for a new regulation....more
After three years of dominating the news (in the UK at least), Brexit has been extremely quiet for much of the year. This is hardly a surprise given that we have been in the thick of a global pandemic that has changed so much...more
10/12/2020
/ Corporate Counsel ,
Cross-Border Transactions ,
Customs ,
Customs Unions ,
EU ,
European Commission ,
General Data Protection Regulation (GDPR) ,
Member State ,
No-Deal Brexit ,
Northern Ireland ,
State Aid ,
Trade Relations ,
Transitional Arrangements ,
UK ,
UK Brexit ,
Withdrawal Agreement
On 29 September 2020, the UK Government laid before Parliament draft legislation which effectively revokes the EU state aid rules in the UK from the end of the Brexit transition period. The draft Regulations do not put in...more
The global COVID-19 pandemic is placing an unprecedented strain on healthcare systems around the world. At the same time, the knock on effects of the pandemic are hitting businesses and public authorities hard....more