Baker McKenzie’s Sanctions Blog published the alert titled Russian tax authorities recommend withholding VAT on B2B e-services in light of sanctions on 6 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 US Issues Full Blocking Sanctions on Sberbank and Alfa-Bank; New and Amended General Licenses; New Investment Ban for Russia on 7 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 Canada Adds Nine Designated Belarusian Individuals, Prohibits the Provision of Insurance Services and the Export of Goods and Technologies Listed on the Restricted Goods and Technologies List to Belarus on 8 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 Canada Introduces Additional Designations on Nine Russian Individuals, Prohibits the Provision of Insurance, Reinsurance and Underwriting Services Relating to Russian Aircraft, Aviation and Aerospace Products on 8 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.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Issues New and Amended General Licenses and FAQs; Designates more than 400 Russian Parties on 28 March 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 Japan introduces further sanctions against Russia on 29 March 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.