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The recent Danske Bank settlement opens doors for aggressive prosecution of fraud committed against U.S. banks that maintain correspondent relationships and instructs companies to implement compensation systems restricting executive bonuses in response to misconduct, say Michael Volkov and Alexander Cotoia at The Volkov Law Group.
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As more legal employers recognize the benefits of creating apprenticeship opportunities, they are likely to grow in popularity, ensuring that the best and brightest minds are available to meet the challenges of an ever complex and changing legal environment, says Aisha Saeed at Addleshaw Goddard.
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In light of the U.K. Employment Appeal Tribunal decision in Glover v. Lacoste and the government’s commitment to make flexible working requests an employment right, employers are well advised to ensure that those handling the requests receive training on the process and the risk of indirect discrimination, says Amanda Steadman at BDBF.
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Thanks to the Solicitors Regulation Authority's pending new fining framework, which includes guidance on unsuitable fines and a fixed penalties scheme for low-level breaches, firms can expect to see more disciplinary findings leading to an SRA fine rather than referral to the Solicitors Disciplinary Tribunal, say Graham Reid and Shanice Holder at RPC.
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While the worthy intentions of the new Workers (Predictable Terms and Conditions) Bill are not in question, in not defining "predictable" it has a yawning vacuum at its heart, and given the enormous potential for claims something more specific is surely required, says David Whincup at Squire Patton.
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The Court of Appeal's first COVID-19-related health and safety dismissal decision reassures employers that they can defend claims if they demonstrate they took steps to reduce the risk of infection, or any other type of workplace health and safety risk, in a clear and practical way, says Kathryn Clapp at Taylor Wessing.
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Following the report of a recent data breach at Twitter, it is clearly vital for companies to adhere to best practices in data protection and IT security arrangements, including technical measures, and proper processes and procedures that mitigate risk and provide adequate training for staff, says Simon Ridding at Keller Postman.
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Although the recent U.K. High Court decision in World Uyghur Congress v. Secretary of State found that a high evidential threshold must be cleared to investigate human rights abuses, this is not to be seen as an incentive for companies to ease back on their supply chain risk management and due diligence procedures, says Lloyd Firth at WilmerHale.
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The newly effective Subsidy Control Act contains key differences to the previously applicable EU state aid laws, and legal practitioners should familiarize themselves with the new regime, ensuring that their public sector clients are aware of the challenges it presents, say attorneys at Shepherd and Wedderburn.
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An agreement has been reached on the European Union Pay Transparency Directive, paving the way for gender pay gap reporting to become compulsory for many employers across Europe, introducing a more proactive approach than the similar U.K. regime and leading the way on new global standards for equal pay, say attorneys at Lewis Silkin.
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Amid globalization and more location-fluid working arrangements, it is crucial that employers recognize and address the differences between U.K. and EU laws in several workforce management areas, including worker representation, pay and benefits, termination of employment, and diversity and inclusion, says Hannah Wilkins at Eversheds Sutherland.
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There is concern that the U.K. Retained EU Law Bill might remove the numerous protections provided to employees by EU law, but it could bring with it the chance to make better the pieces of law that currently cause employers the biggest headaches, says Simon Fennell at Shoosmiths.
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Instead of a single Employment Bill, the U.K. government is supporting various private proposals by backbench members of Parliament, and cross-party support may mean this process provides a viable route for reforming employment law, says Jonathan Naylor at Shoosmiths.
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The EU Women on Boards Directive marks a discernible gear shift in the campaign to achieve gender balance at board level that Irish listed companies must engage with, and those that embark on change now will be well placed to succeed under the new regime, say attorneys at Matheson.
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The recent U.K. Court of Appeal decision in Compound Photonics Group on the implied duty of good faith in commercial contracts ties in with the established requirement to act rationally, although courts are still reluctant to set out a list of minimum standards that will apply in all circumstances, say Louise Freeman and Alan Kenny at Covington.