Tag Archives: UK

A timely reminder from the Court of Appeal of the importance of valid notification of claims

Defense Chairs in Court

The question as to what constitutes a valid notification of circumstances which may give rise to a claim under liability policies is often controversial. Continue reading →

Belgium chooses a different path on personal accountability with a cap on director liability

Man in boardroom

Will Belgium's law that caps directors’ liability be a sign of things to come from other countries? Continue reading →

Unrest and uncertainty: Understanding the consequences of Brexit for businesses

Red phone booth on London street with Big Ben and other buildings in the background

One of the primary consequences of Brexit could be the continuing ability of law enforcement to share information and coordinate their activities. Continue reading →

Chronic labour shortage forecast for U.K. food and drink industry post Brexit

hot rolls on an assembly line

As part of a series of in depth articles on the effect of Brexit on various U.K. industries, Willis Towers Watson recently released its insights on the food and drink industry. Brexit has added to mounting concerns over a chronic … Continue reading →

Spotlight on a National Living Wage market

The past two years have seen a big shift in the U.K. pay landscape for low earners. Back in 2015, George Osborne, a member of the British Parliament and former chancellor, announced the introduction of the National Living Wage (NLW). … Continue reading →

Financial Conduct Authority: Imbalanced accountability

Financial Conduct Authority (FCA) fines total more than £3 billion in the five years up to April 2016 – with only a minuscule proportion levied on individuals. But the accountability imbalance is set to change. Mark Steward, Director of Enforcement … Continue reading →

The Grand National – The world’s greatest steeplechase

The Grand National is a race like no other. Ever since the aptly named Lottery won the first running of the race in 1839, the race has continued to entertain and astound in equal measure and this year’s rendition looks … Continue reading →

Brexit impact on transportation industry

The U.K. Government has invoked Article 50 of the Lisbon Treaty, meaning Britain’s exit from the E.U. will be complete by the end of March 2019. Continue reading →

Supreme Court victory for U.K. Financial Conduct Authority spells trouble for senior managers

The recent U.K. Supreme Court decision in Financial Conduct Authority V Macris has clarified the law—but not in a way that will give comfort to senior managers. Continue reading →

A new regulatory threat for directors of U.K.-listed companies

You are a director of a U.K.-listed company but not its Chief Financial Officer. A significant error is discovered in the financial statements going back several years, as a result of which the accounts have had to be restated. If … Continue reading →