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The Lens Newsletter - October 2020 A selection of our latest blogs on all things digital from our experts and thought leaders here at Slaughter and May.
COVID-19: Job Support Scheme A client briefing describing the key terms of the Coronavirus Job Support Scheme, as announced by the Chancellor on 24 September 2020.
Competition & Regulatory Newsletter European Court of Justice approves UK State aid for the Hinkley Point C nuclear power station In its judgment of 22 September 2020 the European Court of Justice rejected Austria’s appeal against the General Court’s ruling on the approval of...
Transforming Interest Rate Benchmarks - Twist or stick? New LMA drafting to future-proof LIBOR-referencing loans The Working Group on Sterling Risk-Free Reference Rates (the Sterling Working Group) has recommended that from the end of Q3 2020 (in other words, from now on), all new and refinanced LIBOR-referencing loans maturing beyond end-2021 should include &ldquo...
Pensions Bulletin - September 2020 Welcome to the September 2020 Pensions Bulletin from Slaughter and May. In this month’s edition, we focus on the Government’s proposals for climate risk reporting by large pension schemes and recent announcement on the increase in the...
Competition Law in the Digital Age This edition covers the EU's new regulatory proposals and inquiries, a German Federal Court judgment regarding Facebook and the UK's digital advertising market study.
The Corporate Insolvency and Governance Act: Key Measures The Corporate Insolvency and Governance Act (the “Act”) entered into force on 26 June 2020.  The Act makes three significant permanent reforms to our restructuring and insolvency regime, and also contains temporary measures designed to...
Cum/ex schemes: ESMA recommendations The European Securities and Markets Authority (ESMA) has recommended legislative change to enable National Competent Authorities (NCAs) to share information with tax authorities, but abandoned proposals to enhance NCAs’ supervisory powers to tackle...
EFIG: European Banking Newsletter - September 2020 Developments in this month's edition include:
Improving governance and reporting of climate-related issues in occupational pension schemes: Government publishes proposals This briefing summarises the August 2020 DWP proposals for trustees of larger pension schemes to comply with the TCFD Recommendations.
Hong Kong Court of Appeal clarifies when to assist foreign courts in obtaining evidence A client briefing on a Hong Kong court’s refusal to accede to a US court’s request for witness examination on the ground of impermissible fishing.
New ICO guidance on AI: Privacy by design saves retro-fitting later Whether it is helping tackle COVID-19, or managing loan applications, the potential benefits of AI are clear. However, it can be difficult to balance the tensions that exist between some of the key characteristics of AI and GDPR compliance. In this...
Tax and the City Review for September 2020 Mike Lane and Zoe Andrews look at recent decisions in the Irish Bank case; Dodika; and Axa. They also consider the new economic crime levy.
The future of the London office market: In conversation with Derwent London and Knight Frank COVID-19 has forced London workers to abandon their office desks and adjust at home. After nearly six months of doing so, a gradual return to work is on the horizon for many. However, employees may find a different work space from the one they left. How...
Competition & Regulatory Newsletter European Commission publishes findings of its evaluation of the Vertical Block Exemption Regulation On 8 September 2020 the European Commission concluded the first part of its review of the Vertical Block Exemption Regulation by publishing a staff...