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Following a £16 million spending spree at Harrods from the wife of a now jailed banker that would make even Roman Abramovich’s eyes water, Unexplained Wealth Orders were thrown into the limelight when this became the first time the National Crime Agency pursued one.
Case review 15/10/2018
The Supreme Court have dismissed an appeal ruling that local authorities can restrict the type and class of tenant who can rent rooms in a house of multiple occupancy (HMO).
Shared parental leave (SPL) became available on 5 April 2015, allowing parents the right to split up to 52 weeks of SPL. This was a significant shift in the law, intended to enable fathers to play a bigger role in childcare and enable mothers to go back to their careers earlier.
The legislation in respect of a house in multiple occupation has been amended by the Licensing of HMOs Order 2018. This legislation brought smaller rented properties into the HMO licensing regime and is part of the government’s stance on getting tough with landlords who rent out unsuitable accommodation to large numbers of people.
Technology’s potential to transform how we live and work is more apparent than ever. We have seen this in finance, health services and transportation. The growth of click and collect and companies have radically altered our spending and eating habits, forcing changes in such areas as the retail, leisure and industrial sectors.
There have been recent changes for Bermuda companies in relation to the gathering and registration of beneficial ownership details and more changes are on the horizon, following a consultation on proposed amendments to the Exchange Control Regulations 1973.
Here are some of the Financial Conduct Authority’s (FCA) focus areas and hot topics of 2018.
We are very pleased to confirm that, in addition to the firm’s gold level global partnership, we are a local sponsor of this year’s Inclusion@Lloyd’s Dive In Festival in four US cities – Chicago, Miami, New York and Philadelphia.
We have seen an increasing number of disputes concerning commercial contracts that have not accurately reflected the intentions of the parties.
Case review 19/09/2018
This recent decision held that a company in liquidation cannot commence adjudication proceedings when there is a dispute for further sums believed to be due from the responding party to the referring party.