Law and regulation

Insight / Data breaches: preparing for EU General Data Protection Regulation

Changes to data protection laws will have wide-reaching impact on UK companies and subsidiaries, with tough penalties for non-compliance when the EU General Data Protection Regulation (GDPR) is introduced in 2018. Huw Beverley-Smith, a partner in the technology transactions group at Faegre Baker Daniels, considers the implications for accountants

Insight / MEPs reject incomplete anti money laundering blacklist for third time

The European Parliament has again rejected a proposed list of countries at risk of money laundering, financing terrorism or promoting tax evasion as being too narrow in scope, with MEPs calling for the EU to have an independent, autonomous process for judging whether countries pose a threat of financial criminality

Insight / Debt collection rules for consumer debts tougher from October

Debt collection rules due to come into force in October are set to make collecting debt from individuals harder for businesses with higher compliance costs although initial plans to include a copy of the credit agreement with loan chasing letters have been dropped

Insight / Brexit: timing is everything for businesses preparing for EU withdrawal

KPMG director of public policy Mark Essex explains how careful planning and tactical nous are pivotal to how companies navigate their preparations for Brexit, comparing the road to Brexit with a keirin cycle race

Insight / Win in legal battle over iconic Andersen name

The US team which revived the Andersen brand to form Andersen Tax has won another legal battle against other pretenders to the name, after a court in India ruled against two international firms for illegally infringing its trademark rights

Insight / Jay Clayton confirmed as SEC chair

The US Senate has confirmed that Jay Clayton, a Wall Street lawyer nominated by President Trump, is to be the next chairman of the Securities and Exchange Commission (SEC), following the resignation of Mary Jo White at the beginning of the year

Accounting / Legal updates: May 2017

In this month's legal updates, experts at law firm Gateley plc consider when changes to articles of association take effect, High court defeats tactical voting on scheme of arrangement, start dates of dismissal notices

Insight / Companies House flags changes to anti-money laundering rules

Companies House is calling on companies and accountants to get up to speed with changes to UK anti-money laundering rules, including new requirements affecting people with significant control (PSC) information, which come into effect from 26 June

Tax / Brexit and EU rules: Posting of Workers Directive – part 2

In part two of our EU Directives series, Stefan Petrovski, accountant at Paris-based accounting firm Primexis, considers changes to the rules on secondment and posting of workers to other EU member states for provision of services by companies under the Posting of Workers Directive

Insight / Barclays faces whistleblowing challenge

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) are investigating Barclays over claims that its CEO Jes Staley attempted to find out the name of a whistleblower who sent anonymous letters regarding the appointment of a former colleague of his to a senior position at the bank

Insight / Court-appointed receivers called in to smooth divorce breach

Milsted Langdon insolvency partner Simon Rowe explains how the use of court-appointed receivers helped solve a complex divorce breach

Insight / EU directives listed in preparation for Brexit process

Parliament has created a briefing paper outlining EU directives currently in force and how they are implemented in the UK to allow EU legislators to assess the task ahead of converting EU law into UK law, as outlined in the Great Repeal Bill as part of the Brexit process

Insight / Brexit and the Great Repeal Bill

With the UK set to leave the EU in 2019 there is a great deal of work to be done to transpose EU law into UK law. Sophie Brooks and Christopher Davies, Gateley law experts, outline how the Great Repeal Bill will deal with existing EU rules post-Brexit

Insight / Trump’s nominee for SEC chief reaches final stage

Jay Clayton, a corporate lawyer and President Donald Trump’s recommendation, is one step closer to becoming the next head of the US Securities and Exchange Commission (SEC) after his nomination was passed be a Senate committee on 4 April

Insight / Deliveroo riders in legal challenge over employment status

Riders who work for Deliveroo are the latest members of the gig economy to take legal action challenging their employment status, and bring claims in relation to the National Minimum Wage (NMW), holiday pay and age discrimination