Legal and Regulatory News

Updates on the latest legal and regulatory developments

Competition & Regulatory

Practical guide to competition damages claims in the UK

The UK's system for the enforcement of competition law through the courts (as an alternative or in addition to a complaint to a regulator) is set to be overhauled by the Consumer Rights Act 2015, which entered into force today, on 1 October 2015.  The reforms contained in the Act aim to make it easier for claimants to bring damages claims in the UK against parties which have been found to have infringed competition law, either at UK or EU level.  Competition law claims can include damages claims against cartel members, businesses which have entered into anticompetitive agreements, or businesses which have abused a dominant market position.  

01 October 2015


Small Business, Enterprise and Employment Act 2015 – corporate aspects

The Small Business, Enterprise and Employment Act 2015 ("Act") received Royal Assent on 26 March 2015 and is currently due to be implemented in stages over the next 15 months.  The Act covers a wide range of matters, but of interest to all companies will be the provisions designed to enhance the trust and transparency of UK businesses and changes to the filing regime designed to improve the quality of information on the public record and reduce unnecessary red tape.

30 September 2015


Trust and Transparency: an overview of the provisions relating to directors

The Small Business, Enterprise and Employment Act 2015 ("Act") contains a number of provisions relating to directors.  Some of the changes, for example the proposed ban on corporate directors, are part of the Government's drive for transparency in corporate management and control.  Others, such as the ability of the court to disqualify a director following misconduct abroad and putting the legal duties of shadow directors on the same footing as those of appointed directors, are designed to increase trust in UK companies by improving the accountability of directors for misconduct.  The key changes include the following.

30 September 2015


Filing: an overview of the changes due in force during 2015

The Small Business Enterprise and Employment Act 2015 ("Act") introduces new provisions into the Companies Act 2006 requiring the Registrar not to disclose the ‘day’ element of the date of birth of directors and of individuals on the PSC Register.  The month and year of birth will still be publically available.  The change aims to minimise the risk of personal information on the register being used to perpetrate identity theft and fraud.

30 September 2015

Olswang EU competition law bulletin – Life science focus

In this bulletin, we provide an update on the latest competition law activity in the European life science sector. The UK’s Competition and Markets Authority appears to have taken over from the European Commission as most active enforcer in the sector (the Commission now having moved its attention to e-commerce). However, developments are also ongoing in France, Germany, Romania and Russia.


28 September 2015


Anti-Money Laundering Controls: the challenges of compliance

Recent investigations by the Gambling Commission (the “Commission”) into anti-money laundering (“AML”) failings illustrate the potential pitfalls of compliance for gambling operators, and serve as a timely reminder of the importance of vigilance in this area as the industry braces itself for broader AML regulation.

24 September 2015


Government Backs Society Lottery Reform Plans

On 11 September the Government backed recommendations from the Culture, Media and Sport Committee (the “Committee”) to reform the regulation of society lotteries.

24 September 2015


ECJ rules “working time” for workers with no fixed workplace includes travel between home and customers

In the Spanish case of Federación de Servicios Privados del Sindicato Comisiones Obreras v Tyco Integrated Security SL and anor, the European Court of Justice (the “ECJ”) has ruled that in circumstances where a worker has no fixed or habitual workplace, time spent travelling between their home and the premises of their first and last customer constitutes “working time” under the Working Time Directive (the “Directive”). 

11 September 2015

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