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In Employment

United Kingdom: Government announces new statutory code on the practice of ‘fire and rehire’

by , and 2 Mins Read

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.

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In ESG

United Kingdom: Human Rights Act Reform – Back to the future – A modern Bill of Rights?

by 5 Mins Read

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.

In Europe

United Kingdom: Legislative changes for clinical trials on the horizon

by 2 Mins Read

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.

In AML & Financial Services Regulatory

United Kingdom: FInsight: The Global Financial Institutions Industry Podcast

by , and 14 Mins Read

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.

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In Asia-Pacific

Canada Introduces Additional Designations on Individuals and Entities in Myanmar

by and 1 Min Read

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.

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In Anti-Corruption

Australia: Australian Government makes first designated party listings under Magnitsky-style thematic sanctions regime

by , and 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled Australian Government makes first designated party listings under Magnitsky-style thematic sanctions regime on 30 March 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

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