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Latest legal news from Out-Law.com, part of international law firm Pinsent Masons
Updated: 2 hours 59 min ago

UK introduces VAT reverse charge on renewable energy guarantees of origin

Thu, 06/13/2019 - 16:55
The UK is introducing a VAT reverse charge for supplies of renewable energy certificates with effect from 14 June 2019.

Over 150 CFOs and senior finance executives personally fined last year by HMRC

Wed, 06/12/2019 - 11:26
The UK's HM Revenue & Customs (HMRC) is increasingly targeting the most senior executives as part of its efforts to hold individuals at large businesses to account, with 152 chief financial officers (CFOs) and senior finance executives personally fined for tax accounting failures in the year-end 31 March 2018, says Pinsent Masons, the law firm behind Out-law.com.

National minimum wage naming scheme suspended

Wed, 06/12/2019 - 10:10
A scheme for the naming of employers found to be in breach of the UK's national minimum wage (NMW) has been suspended while the government reviews the scheme.

Occasional licence regime overhaul should be considered in context

Tue, 06/11/2019 - 13:25
ANALYSIS: Proposed changes to the rules for granting occasional licences in Scotland should be viewed in the context of the alcohol licensing regime as a whole.

Fingerprint case highlights importance of biometric policies and consent

Tue, 06/11/2019 - 10:31
ANALYSIS: An unfair dismissal case has highlighted the need for companies to update policies and procedures and to obtain full consent before using biometric data in the workplace.

Tax scheme SPVs were not UK resident, says Upper Tribunal

Tue, 06/11/2019 - 10:23
Three special purpose vehicles (SPVs) incorporated in Jersey as part of a tax planning arrangement were not tax resident in the UK for tax purposes, the UK's Upper Tribunal (UT) has decided, overturning a previous First-tier Tribunal (FTT) decision.

Report flags GDPR's impact on data breach notification

Tue, 06/11/2019 - 09:54
Organisations operating in the UK are reporting data breaches in greater number than in many other parts of the EU, according to international law firm Pinsent Masons.

CMA produces new requirements on investment consultants and pension trustees

Mon, 06/10/2019 - 17:02
The UK’s Competition and Markets Authority (CMA) has completed its changes to the investment consultancy and fiduciary management sectors with new rules covering the appointment of service providers by pension scheme trustees, and information provided to them.

Consumers ready for AI in financial services

Mon, 06/10/2019 - 16:52
Consumers are more willing to embrace the use of artificial intelligence (AI) in financial services than the results of a new UK government study would suggest, a specialist in fintech law has said.

FCA overhaul of overdraft rules likely to lead to extra costs, expert says

Mon, 06/10/2019 - 15:48
The UK’s Financial Conduct Authority (FCA) has announced an overhaul of rules governing overdrafts on current accounts offered by banks and building societies with the aim of making them simpler and fairer.

Pension code of practice updated as industry cracks down on scammers

Mon, 06/10/2019 - 12:30
The industry code designed to support pensions trustees and providers in tackling pensions scams has been updated for a second time in a year to reflect the latest regulatory developments, such as a ban on cold calling.

Content monitoring duties at centre of CJEU case

Mon, 06/10/2019 - 11:23
Hosts of online content could face greater obligations to monitor their services for illegal content if the advice of a senior court official is written into EU case law.

Fitness for purpose rejected as implied term in data centre design contract

Fri, 06/07/2019 - 13:14
The Singapore High Court has said that 'fitness for purpose' was not an implied term in a data centre construction contract.

Money2020: progress needed on digital IDs

Fri, 06/07/2019 - 13:02
ANALYSIS: Financial institutions have an opportunity to build on the trust customers have in their handling of sensitive data to develop market-leading digital identity (ID) solutions that can be used to access other on- and off-line services.

Leniency for data breach admissions in Singapore

Fri, 06/07/2019 - 10:19
Businesses will be more likely to avoid heavy fines if they own up to data breaches they experience, Singapore's data regulator has said.

Consultation on new building safety regulation for England begins

Thu, 06/06/2019 - 17:34
Plans to overhaul the regulatory system for building safety in England, including the introduction of a new building safety regulator, have been published for consultation by the UK government.

Political uncertainty likely to delay Augar post-18 education reforms

Thu, 06/06/2019 - 16:14
The resignation of UK prime minister Theresa May and the selection process to find her replacement is likely to delay proposed reforms to the way in which further and higher education in England is funded, experts have warned.

'Model clauses' data case moves to EU court

Thu, 06/06/2019 - 11:09
A legal challenge against the use of EU-endorsed standard contractual clauses for underpinning the transfer of personal data from the EU to the US has successfully navigated its way through the Irish courts.

Money2020: PSD2 deadline threatens e-commerce but drives broader innovation

Wed, 06/05/2019 - 11:14
ANALYSIS: Banks, fintechs and retailers are wrestling with the technical challenge of payment security standards as EU deadlines approach but, whilst compliance is the immediate priority and treat to transactions, those businesses must also look towards the longer term opportunities likely to arise from the wider push to open up access to data.

129 countries agree roadmap for solution to taxing digitalised economy

Tue, 06/04/2019 - 11:22
129 countries have agreed how they will work together to reach agreement by 2020 on new ways to tax the digitalised economy, according to a programme of work published by the Organisation for Economic Cooperation and Development (OECD).

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