Simon Hunt, UK head of banking and capital markets at PwC, commented: "The UK is one of the world’s leading financial centres. The banking sector plays a major part in generating exports of £23bn to the EU, which helps to drive an overall trade surplus in financial services of £20bn. Retaining this position is the […]
The General Data Protection Regulation (GDPR) intends to strengthen and unify data protection for individuals within the EU, but how will this affect the eDisclosure industry and what new challenges does it present? James Merritt, Director of Forensic Technology & eDisclosure at CityDocs, discusses. What is the GDPR? Regulation (EU) 2016/679 of the European Parliament […]
Cost of premises is increasing yet firms are still not investing in IT and remote working, highlights MHA Legal Benchmarking Report. The latest annual legal benchmarking review from MHA, the UK-wide group of accountancy and business advisory firms, points to encouraging signs of growth for a second year, most notably through an upturn in the […]
Research conducted by GO DPO, the strategic partner for the Henley Data Protection Officer (DPO) Programme, estimates that around 7,000 large companies (employing in excess of 250 employees) will need to recruit and train at least one DPO each over the next 24 months; between now and when the EU General Data Protection Regulation (GDPR) […]
Intellectual property law firm, EIP, is supporting the Remain position in the EU referendum, warning that a UK exit from the EU will be bad for IP rights holders and the UK’s creative and technological industries generally. IP plays an important role to the UK economy. A 2013 study from the European Patent Office and […]
The International Bar Association (IBA) has endorsed ground-breaking guidance for business lawyers on how to practice law with respect for human rights. On 28 May 2016, the IBA Council, the organisation's governing body, voted unanimously to adopt the IBA Practical Guide on Business and Human Rights for Business Lawyers (Practical Guide) during its mid-year meeting […]
In response to further market speculation and stakeholder inquiries, Bayer is publicly disclosing the contents of its private proposal to acquire Monsanto. Bayer has made an all-cash offer to acquire all of the issued and outstanding shares of common stock of Monsanto Company for $122 per share or an aggregate value of $62 billion. This offer, […]
A group of around 300 economists worldwide have been calling for new rules to be implemented, forcing companies to publicly disclose tax activities country-by-country. Reports state that a letter, published by the group of economists and sent to world leaders, urges the UK to take the lead in the battle for corporate tax transparency. Some […]
An ongoing trademark battle has concluded in favour of Xintong Tiandi Technology over the use of the name ‘IPHONE’, the globally recognised trade name of Apple Inc.’s mobile technology. According to the official Legal Daily newspaper, Beijing Municipal High People's Court ruled in favour of the Chinese firm, which sells ‘IPHONE’ branded products in […]
The European Commission has informed Google of its preliminary view that the company has, in breach of EU antitrust rules, abused its dominant position by imposing restrictions on Android device manufacturers and mobile network operators. The Commission's preliminary view is that Google has implemented a strategy on mobile devices to preserve and strengthen its […]
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