News & Analysis as of

United Kingdom Business Continuity Plans

White & Case LLP

Cyber-attacks – What Does the Law Require?

White & Case LLP on

As major cyber-attacks continue to cause widespread organisational and economic disruption, and botnets are being discovered which have the capability of comprising entire organisations, many businesses are re-evaluating...more

Littler

Remote working in Ireland - what's changing?

Littler on

The Irish government has recently announced that it plans to provide employees with the right to request remote working. As many employers turn their mind to bringing employees back into the office, what’s the law on remote...more

Hogan Lovells

Banking and finance regulatory news, August 2020

Hogan Lovells on

Business continuity: SRB operational guidance on operational continuity in resolution and FMI contingency plans. The UK Prudential Regulation Authority (PRA) has published a policy statement, PS18/20, and the following...more

BCLP

How have UK and US outsourcing arrangements been affected by the COVID-19 outbreak?

BCLP on

With outsourced services capable of being provided (in many cases) far from a customer’s site, in the early stages of the COVID-19 outbreak, customers and suppliers may have been confident that their outsourcing strategy...more

BCLP

UK Operational Resilience In Times of Crisis: Matters to consider in the midst of the Coronavirus pandemic

BCLP on

The Coronavirus outbreak has presented UK financial services firms (as well as other businesses) with sudden and significant challenges. Various responses have been and are being initiated by the relevant authorities. ...more

Dorsey & Whitney LLP

UK Government Assistance for Businesses in the COVID-19 Crisis

Dorsey & Whitney LLP on

The UK Government has announced a multi-billion package of measures and initiatives to assist businesses during the COVID-19 crisis. This huge package will be extremely beneficial to UK businesses and is designed to protect...more

Orrick, Herrington & Sutcliffe LLP

Joint statement and guidance from the Financial Conduct Authority (FCA), Financial Reporting Council (FRC) and Prudential...

On 26 March 2020, the FCA, FRC and PRA released a joint statement setting out actions to ensure a continuity of information flow to investors and to support the continued function of the UK's capital markets during the...more

Hogan Lovells

COVID-19 UK: Permitted development rights to help take away the strain

Hogan Lovells on

The UK government’s actions are ramping up as it battles to contain the spread of COVID-19 and enforce social distancing.  To assist with this, secondary legislation has been enacted to establish a new permitted development...more

BCLP

Planning measures announced to help the food and drink industry

BCLP on

In response to the coronavirus outbreak in the UK the Government has announced a new temporary permitted development that will allow pubs and restaurants to trade as hot food takeaways without needing planning permission for...more

Cooley LLP

Alert: COVID-19 - Recent Statements by UK Financial Conduct Authority + European Securities and Markets Authority

Cooley LLP on

Statement by the FCA - The UK Financial Conduct Authority (FCA) issued a statement relating to COVID-19 on 4 March 2020. It stated that the FCA is working closely with the financial services sector to ensure it is...more

White & Case LLP

Operational resilience, third party risk management and impact tolerance in the time of Coronavirus

White & Case LLP on

On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy on new requirements to strengthen...more

Littler

UNITED KINGDOM: COVID-19 (Coronavirus) – Employer FAQs

Littler on

The spread of the novel coronavirus (COVID-19) across the globe remains a significant concern in the workplace. Employers are confronting difficult questions regarding how to handle safety and health rules, travel...more

A&O Shearman

UK Prudential Regulator Consults on Outsourcing and Third Party Risk Management Rules

A&O Shearman on

The U.K. Prudential Regulation Authority is consulting on proposals for modernizing the regulatory framework on outsourcing and third party risk management by the financial services sector. The proposals are relevant to...more

A&O Shearman

UK Regulators Launch Consultation on Operational Resilience in Financial Services

A&O Shearman on

The Bank of England, U.K. Prudential Regulation Authority and U.K. Financial Conduct Authority have published a shared policy summary and consultation papers on strengthening operational resilience in the financial services...more

Carlton Fields

What’s Your Game Plan? Offensive or Defensive: Playing to Your Strengths [Expect Focus – October 2016]

Carlton Fields on

- AXA Prevails at First Post-Jones v. Harris Excessive Fee Trial - Potential Secondary Effects of Regulatory Examinations: Evidentiary Issues and Preclusion in Parallel Litigation - On The Horizon: Global...more

A&O Shearman

UK Prudential Regulator Policy Statement on Operational Continuity in Resolution

A&O Shearman on

The Prudential Regulation Authority published a Policy Statement on operational continuity in resolution. The Appendices to the Policy Statement set out a final Supervisory Statement and the PRA Rulebook: CRR Firms:...more

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