An influx of high-profile whistleblowing cases have made headlines in recent years, and claims (and awards) are on the rise. At the same time, more defined and greater protections for whistleblowers are coming into play in the US, UK and European Union. It’s essential that multinational employers be aware of the whistleblower regulations proliferating across the globe and the notable differences between regimes.
On 7 April 2022 the UK published its Energy Security Strategy. The key aim of the strategy is for the UK to achieve long-term independence from foreign energy sources and decarbonise the nation’s power supply. The strategy echoes the communication released on 8 March 2022 by the European Commission in relation to the Joint European Action for more affordable, secure and sustainable energy.
The UK’s Energy Security Strategy reinforces the Government’s commitment to decarbonisation, with an ambitious new target for offshore wind by 2030 and a doubling of the previous target for hydrogen production in the same time frame.
Baker McKenzie’s Sanctions Blog published the alert titled UK publishes further amendments to the UK-Russia Regulations on 1 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Additional duties on goods originating in Russia and Belarus as of 25 March on 1 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled UK announces further sanctions against Russia and designates 10 new entities and individuals on 6 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
The practice of ‘fire and rehire’, where an employer dismisses a worker and then re-engages them on different (sometimes perceived as less favorable) terms, is a current hot topic in UK employment law. The government has, to date, declined to legislate on the issue, although it stressed that the practice should only be used as a last resort. On 29 March 2022, the government announced that it would introduce a new statutory code on the practice, which will also detail how employers should hold fair, transparent and meaningful consultations on proposed changes to terms of employment.
On 14 December 2021, the UK government launched a consultation on proposals to reform the Human Rights Act 1998 entitled the “Human Rights Act Reform: A Modern Bill of Rights”. The Consultation recently closed for most recipients, and its outcome could reshape existing constitutional norms and protections, as well as opening a path to the light-touch regulatory economy reportedly envisaged as part of the UK’s post-Brexit future.
The Medicines & Healthcare products Regulatory Agency launched a consultation in early 2022 as part of its post-Brexit efforts to develop a world-class and flexible regulatory environment for clinical trials. The consultation closed in March 2022, but continues to offer insights into what the future holds for the UK regime for clinical trials.
Episode 26: UK Fintech Week 2022: State of the Fintech Nation
In this episode of FInsight, London partners Sue McLean, Mark Simpson, and David Hart talk about UK Fintech Week 2022. They cover the biggest trends and developments around fintech in the UK, with special focus on the expected topics throughout the event. The episode takes a closer look at the investment landscape (including the UK’s position as a fintech hub, active investors and top sub-sectors) and the current and expected regulatory developments that fintech players need to watch out for.
On March 24, Canada amended its sanctions measures imposed on Myanmar by designating an additional 4 individuals and 2 entities. The Canadian Government indicated that these new sanctions are intended to target arms flows, individuals and entities who procure and supply arms and military equipment to Myanmar. These new measures were developed in coordination with the United Kingdom and United States.