Year end reporting and filing accounts Year end reporting and audit As a reminder, the Financial Reporting Council (FRC) published advice to all companies and auditors in February on COVID-19 related risk disclosures in year-...

For listed and traded UK companies with a 31 December year end, the COVID-19 pandemic and the potential  for further tightening of restrictions on gatherings and travel in the UK raise particular issues as they enter into reporting and AGM seas...

Companies are facing difficult times with reporting, audits and meetings in view of the COVID-19  outbreak. In this update we take a look at the measures that have been announced this week to assist companies. Whilst we are seeing some creative...

Listed companies and recapitalisation issuances The FCA has announced a series of measures aimed to assist companies in raising additional capital in response to the Coronavirus crisis, whilst at the same time aiming to retain appropriate protection...

We have produced a series of podcasts looking at how COVID-19 has impacted the M&A market with discussions around key issues including technology, pricing and insolvency. Episode 1: Lessons from 2008 In Episode 1 our Corporate Partners ...

There has long been discussion as to whether the use of cookies and other technologies for the purposes of web analysis, tracking and individualised advertising requires the explicit consent of those concerned or whether this can also be based on le...

? The Solicitors Regulation Authority has undertaken consultation on proposed changes to the rules for solicitors employed by local authorities.  The SRA is proposing to amend rule 4.15(e) of the Practice Framework Rules, to ...

Local Government Pension Scheme liabilities on academy conversionsBackground The treatment of Local Government Pension Scheme (LGPS) liabilities on academy conversions has been presenting significant difficulties for some time, with pension liabilit...

Following the unsuccessful “save the library” challenge against Brent Council in 2011, comes another  High Court judgment in judicial review proceedings involving a Council’s decision to achieve spending cuts by reducing its l...

Background The Government’s latest proposal in reforming the English schooling system was laid before Parliament last week in the form of the Education and Adoption Bill 2015-16 (“the Bill”). The Bill sets out provisions to conver...

Introduction The Charities (Protection and Social Investment) Bill 2015 (“the Bill”) is currently before Parliament. The Bill is relatively short and deals with two areas in particular: i) the powers of charities to make social investmen...

Introduction The Charities (Protection and Social Investment) Bill 2015 (“the Bill”) is currently before Parliament. The Bill is relatively short and deals with two areas in particular: i) the powers of charities to make social investmen...

On 31 March 2015, the German Federal Cartel Office (“Bundeskartellamt”, BKartA) announced that it has blocked the proposed takeover of approximately 450 Kaiser’s Tengelmann supermarket branches by EDEKA, the leading German food ret...

On 29 September 2016, the French Competition Authority (l’Autorité de la concurrence - the “Autorité”) imposed a fine of EUR 2.4 million on 37 model agencies and their main trade association, the SYNAM, in relation to...

Executive Summary The European Commission has consulted on an implementing regulation which will provide additional detail for procedures and criteria to be followed by service facility operators in order to satisfy their obligations under Directive...

The Belt and Road Initiative (BRI) is a multi-trillion Chinese led initiative to strengthen trade routes and related infrastructure across over 150 countries worldwide. The initiative covers over 60% of the world’s population in terms of ...

While fines recently imposed by the French and UK data protection supervisory authorities have been high, the supervisory authorities in Germany have so far imposed rather moderate penalties. This could now be changed by a new model for calculating ...

Case C-216/17, Autorità Garante della Concorrenza e del Mercato – Antiturst, Coopservice Soc. coop. arl In its judgment of 19 December 2018 (the &ldq...

On 8 October 2019, the Government announced changes to the UK’s temporary tariff regime for certain products in the event of a no-deal Brexit. Under the proposals, which were first published on 13 March 2019 , the Government intended to introd...

On 4 March 2020, the Competition and Markets Authority (“CMA”) fined four pharmaceutical companies for breaching competition law through market sharing and the exchange of competitively sensitive information relating to the supply of nor...

Join us in a series of podcasts, where we address the key issues impacting the global Competition landscape as a result of the coronavirus pandemic. Episode 1: Competition and Cooperation during Covid-19 This podcast is a panel style discussion mode...

Introducing Hong Kong’s four-step fining framework… On 29 April 2020, Justice Godfrey Lam, President of the Competition Tribunal, handed down judgment in relation to the fines to be imposed on the parties in the W. Hing and Others case....

  Pursuant to Article 3:246 paragraph 1 of the Dutch Civil Code (DCC) pledgees have the power to enforce their right of pledge on receivables by claiming (direct) payment of the receivable. This power also includes the right to enforce rights o...

Companies trade in an increasingly global market. Despite this, the process of taking security in support of financial obligations remains essentially a question of the national law in the country where the assets over which security is granted are ...

Companies trade in an increasingly global market. Despite this, the process of taking security in support of financial obligations remains essentially a question of the national law in the country where the assets over which security is granted are ...

On 20th April, the UK Government announced a £500m “Future Fund”, as part of its package of measures to support businesses in response to the coronavirus.  What is the Future Fund? The Future Fund is being set up with the aim ...

Carrying a statutory legal appointment in terms of the provisions of the Mine Health and Safety Act No. 29 of 1996 (“MHSA”) carries a certain level of prestige in the mining industry, however statutory legal appointees are not always awa...

  The BEE Commission’s report 2018, between 2017 and 2018, had no significant change in the levels of transformation, with black ownership reflecting a decline to 25.2% from 27% and current management control still sitting at 38% for blac...

(MENAFN - The Peninsula) Ministry of Public Health announces the registration of 1130 new confirmed cases of COVID-19, and 129 new recovered cases in ... ......

(MENAFN - Kuwait News Agency (KUNA)) By Mohammad Al-Kanderi KUWAIT, May 9 (KUNA) -- Kuwait's Health Ministry announced, on Saturday, the recovery of ... ......

(MENAFN - IANS) Kolkata, May 9 (IANS) Accusing Union Home Minister Amit Shah of "lying" in his letter to West Bengal Chief Minister Mamata Banerje... ......

(MENAFN - IANS) San Francisco, May 9 (IANS) Taking control of a Microsoft employee's GitHub account, a hacker recently got access to some of the c... ......

(MENAFN - IANS) New Delhi, May 9 (IANS) Indian industry has come forward to support the government in expanding the network of isolation facilities i... ......

(MENAFN - Khaleej Times) The civic body in Dibba Al Fujairah has ordered the closure of three pharmacies for unreasonably increasing the price of h... ......

JEFFERSON CITY, Mo. (AP) " Frustrated by scarce supplies and a chaotic...

PARIS (AP) " French Resistance member Cecile Rol-Tanguy, who risked her...

“The United States has scaled back its role on the world stage, taken actions that...

By DAVID A. LIEB JEFFERSON CITY, Mo. (AP) — Frustrated by scarce supplies and a chaotic marketplace amid the coronavirus outbreak, some U.S. governors are seeking to bolster their home-state production of vital medical and protective equipment to ensure a reliable long-term source for state stockpiles. The efforts come as states have been competing against each other, the federal government, hospitals, emergency responders and even other countries to get items such as N95 masks, gloves, medical gowns and hand sanitizer — often paying higher-than-usual prices because of the high demand. Before the coronavirus pandemic, the U.S. got much of its medical supplies from China. But China limited...

Speaking to allies on a private call, the former president took a sharper line toward the Trump administration than he typically does in public. ......

New Delhi (Sputnik): As many as 12 people lost their lives and several others were hospitalised due to a hazardous styrene gas leak at a South Korean factory in the southern Indian state of Andhra Pradesh on Thursday. ......

Dubai: A 47-year-old pharmacist in the Indian state of Tamil Nadu, died on Thursday after consuming a “new cure” he had made for COVID-19. Indian tweeps shared reports of how the man, K. Sivanesan, made and drank the chemical concoction along with the owner of a popular Chennai-based herbal pharmaceutical company where he worked. According to a report by Indian newspaper, The Indian Express, the owner of Sujatha Bio Tech, along with his employee, tried to create a coronavirus cure, but consumed a...

Diminishing returns mean that Xbox Series X and PS5 just won't be able to wow us with visuals the way previous generations had. ......

BEIJING - Chinese authorities released a guideline to promote digital technologies in rural areas as part of their efforts to advance agricultural and rural modernization. The guideline, jointly issued by four government departments including the...

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