From Brexit to immigration and trade policies, both the UK and the US are currently undergoing huge legislative steps towards a different kind of progress. Regulators are on their feet in anticipation and businesses even more so. Here Michael Hatchwell and Julia Holden-Davis, Directors of Globalaw, talk Finance Monthly through the most recent legal conundrums […]
We’ve recently learned in the media that thousands of workers, in the UK and the EU, who work zero hour contracts missed out on holiday pay because they were unaware of their employment rights or were life to by employers. Citizens Advice claims that over 900,000 people don’t know what holiday benefits they are entitled […]
Proposals to alter the market rules applying to the individual and small group health insurance markets would likely require changing the Affordable Care Act's (ACA) risk adjustment program, the American Academy of Actuaries said in a recently published issue brief. Loosening the issue and rating rules, incorporating high-risk pools, allowing sales across state lines, or […]
Since the NHS was hit with a ransom based cyber-attack last Friday, the health organisation has suffered continued disruption since, but no further attacks. 47 trusts were hit and 11 are still facing issues, leading to further cancellations and delays in seeing patients. Here below are responses to the attack from reputable sources who voiced […]
Last week saw that giant of British retail the John Lewis Partnership announcing that it is setting aside £36m due to failures to pay the national minimum wage (NMW) to its workers. This is to cover payments which may be due over a six year period. To be fair it doesn’t seem to be intentional […]
Last week Mrs Justice Andrews DBE ruled in the High Court in a landmark Legal Professional Privilege case brought by the SFO that litigation privilege did not apply to any of the documents prepared by an international corporation as part of its internal investigation into alleged misconduct. In the case, brought against Eurasian Natural Resources […]
Crowell & Moring LLP has released its third annual regulatory outlook, "Regulatory Forecast 2017: What Trump Means for Business." The report provides in-depth analysis on how the new administration, Congress, and the federal courts are changing the regulatory landscape and what it means for business in the months ahead. "The first year of a new […]
The European Commission has proposed some targeted reforms to improve the functioning of the derivatives market in the EU. The reforms provide simpler and more proportionate rules for over-the-counter derivatives to reduce costs and regulatory burdens for market participants without compromising financial stability. A derivative is a financial contract linked to the future value or […]
The latest annual Legal Benchmarking Report from MHA, the UK-wide group of accountancy and business advisory firms, reveals a third year of growth across the sector. However, while large firms continue to dominate the market, the fortune of small firms is more mixed as income and profit levels reduce and their cost base increases. Overall, […]
According to a recent report by Homeland Security Research Corp. (HSRC), security and public safety organizations are spending large sums of money on big data infrastructure and software, in order to deal with growing global security threats. The rising use of smartphones, computers, and other personal devices is creating huge amounts of data, making it […]
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