UK FOREIGN INFLUENCE REGISTRATION REGIME NOW LAW – A POLICY SCRUTINY WIN BUT ISSUES REMAIN

While still onerous, timely interventions have led to dramatically improved legislation Today, the UK’s National Security Act received royal assent and became law. The legislation was well advanced by the time a key new proposal emerged last year: a foreign influence registration scheme. Its aim, which we supported, was to curb malign covert foreign influence on the UK’s … Read more

Revolutionary changes to the UK listing regime proposed today

The post below was first published on our Corporate notes blog:   The FCA has today proposed a revolutionary restructuring of the UK listing regime. Its consultation paper (CP 23/10) sets out a blueprint for the new ‘UK listing’. While the genesis of the rule changes is the desire to attract more companies in London, … Read more

Failure to prevent fraud – an introduction to the proposed new offence

The post below was first published on our FSR and Corporate Crime notes blog: This week saw the government’s long-awaited introduction of a proposed new offence of failure to prevent fraud. There has been a long-standing debate in the UK regarding the desirability of reform to corporate criminal liability which culminated in an assurance by  … Read more

THE UK’S RETAINED EU LAW BILL – WHAT DO YOU NEED TO KNOW?

The post below was first published on our Beyond Brexit notes blog:   Much has been written about the Retained EU law (Revocation and Reform) Bill (the Bill), which is currently going through Parliament. This is the latest in the line of legal developments since a majority of the UK voted to leave the European … Read more

UK GOVERNMENT GIVES GROUND ON CONTROVERSIAL FOREIGN INFLUENCE REGISTRATION SCHEME

11th-hour reforms to the proposed foreign influence policy will be met with relief by businesses, NGOs and charities as Government makes significant changes. Some concerns remain, and many businesses will still require compliance policies to be put in place for benefits which many will remain sceptical about, but the scope of these will be limited … Read more