In a July 1 speech to the UK Aerospace and Defence Industry Seminar, Ben Morgan of the Serious Fraud Office (SFO) discussed his recommendations for how companies seeking Deferred Prosecution Agreements (DPAs) should interact with the SFO. His resounding message was cooperation on the part of the company, not just “the impression of cooperation” but real, honest cooperative action.
With school holidays just around the corner, thoughts of UK employees are now turning to their summer holidays. Given the far-reaching implications of the recent case of Lock v British Gas, employers with employees on commission arrangements need to take special care when paying employees during annual leave.
In April, the Court of Justice of the European Union (‘Court’) declared Directive 2006/24/EC on the Retention of Data to be invalid, creating uncertainty for telecommunications operators across the region. In a controversial move by the UK Government, the Data Retention and Investigatory Powers Act 2014 (‘Act’) has been passed using emergency procedures.
Anything designed to reduce the burden of regulation on employers must be a good idea, right? Well, not necessarily, no, and certainly not the proposed Social Action, Responsibility and Heroism Bill, a legislative proposal defective from conception to execution in almost every way it is possible to imagine.
The UK Government has released a long awaited consultation document proposing new controls on IT suppliers’ dealings with customers facing insolvency.
The FCA has announced that, by the end of 2014, it intends to launch a market study to conduct a full-scale competition review of the UK credit card market.
As part of the 2014 UK Budget, HM Treasury and HM Revenue and Customs published a position paper on the Organisation for Economic Co-operation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) project.
From 5 April 2014 HMRC intends to target contrived arrangements which create “artificial divisions between the duties of a UK employment and an employment overseas in order to obtain a tax advantage”.
The Law Society of England and Wales recently published a practice direction with respect to the drafting of Sharia-compliant wills. There are 2.7 million Muslims living in the United Kingdom, many who wish to obtain a Sharia-compliant will for religious purposes.