UK – BIS/ECO issues report on strategic export controls licences
On 24 October 2014, the Department for Business, Innovation and Skills (BIS) and its Export Control Organisation (ECO) released Strategic Export Controls: Country Pivot...
Britain and Germany main targets of cyber attacks in EMEA region
According to a report issued by the US-listed security company FireEye, Britain and Germany were the most targeted EMEA countries in the first half...
UK – Russian sanctions extended to certain overseas territories
On 15 October 2014, the official Legislation.gov.uk website posted SI 2014/2710 - The Russia, Crimea and Sevastopol (Sanctions) (Overseas Territories) Order 2014, which gives...
Snapshot: Credit for antitrust compliance programs around the world
Last week we analyzed the view of US antitrust enforcers on the existence of a compliance program when assessing the punishment for cartel violations....
Proposal to Expand Corporate Criminal Liability for Economic Crimes in the U.K. “Gains Traction”
For some time, a number of U.K. prosecutors, politicians, academics and others have advocated for the introduction of a specific corporate criminal offence in...
Revisiting U.K. Anti-Corruption Enforcement on the Third Anniversary of the Bribery Act
The U.K. Bribery Act came into force in July 2011. At that time, the Act was heralded as a key part of a new...
EU: New time limits for contractually agreed payment terms
On July 29, 2014 the law on combating late payment in commercial transactions came into force. It serves to implement the Directive 2011/7/EU of...
Mandated Corporate Social Responsibility Reporting: Coming Soon to a Country Regulating You
Disclosure of environmental, human rights and social risks is moving from its home between the glossy pages of voluntary reports into the hard-nosed realm of mandatory legal requirements, as evidenced by recent developments in the European Union and India.
UK: Member of a LLP is a worker and therefore entitled to whistleblowing protection
The Supreme Court has held that a former equity partner of a law firm was a worker for the purposes of the Employment Rights...
New UK competition regime reform – heightened regulatory risks for companies
As effective from 1 April 2014, a broad reform of the UK Competition Law substantially increases regulatory risks to businesses. In particular, the UK's...