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New Remuneration Code - For investment firms regulated under the Markets in Financial Instruments Directive
Inbrief
20 February 2024Since the 2007/08 financial crisis, as a result of both UK government and European initiatives, the financial services industry has been the focus of wide-ranging reform. A key aim of this reform is to align remuneration principles in the various sectors within financial services with a view to ensuring that policies and practices promote, and are consistent with, effective risk management.
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White Paper consultation response: regulating AI in the workplace
20 February 2024In March 2023 the government published its White Paper on AI regulation. In less than a year, development in the field has been rapid, with regulators and legislators chasing to keep up. The government has now published its response to the consultation on the White Paper. We focus on what this tells us about future regulation for the use of AI in the workplace.
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A battle is brewing in No10 over AI regulation - Roch Glowacki comments for CITY.A.M.
Press
19 February 2024An increasing number of MPs are getting frustrated as the government bides its time on creating checks and balances over what it has identified as a potential “existential threat”. Roch Glowacki suggests the UK government may be “deliberately stalling” to see how the EU’s AI Act pans out first.
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Remuneration Codes – for banks, building societies and designated investment firms
Inbrief
19 February 2024This Inbrief provides an overview of the Remuneration Codes issued by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) – we refer to these collectively as “the UK Regulators”.
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Changes to right to work compliance: key takeaways for employers
16 February 2024The Home Office recently updated the Employer’s guide to right to work checks. The guide contains references to the increased £60,000 civil penalty for illegal working, along with some small but significant changes that impact how employers complete compliant right to work checks. In this article, we highlight the key changes to help employers stay on top of right to work compliance.
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Guidance on key concepts of privilege from Court of Appeal
15 February 2024The Court of Appeal ("COA") has handed down a judgment dealing with a number of important points regarding the scope of legal professional privilege and the iniquity exception.
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New visitor rules benefit business visitors to the UK
15 February 2024Since 31 January 2024, the Immigration Rules for visitors have been liberalised to allow a wider range of activities for business visitors, including in the areas of intra-corporate activities, remote working, providing legal services and carrying out research. The Permitted Paid Engagement visitor route has been expanded and incorporated into the standard visitor route, meaning these visitors can stay for up to six months.
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Lewis Silkin has advised creative agency Mother on its investment in °Small World
Deal
15 February 2024Lewis Silkin has advised Mother, leading creative agency, on its minority investment in °Small World.
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Lewis Silkin has advised CloudMade on the sale of its Artificial Intelligence Technologies and IP to Stellantis
Deal
15 February 2024Lewis Silkin has advised Cloud Made on the the sale of its artificial intelligence framework, machine learning models, intellectual property rights and patents to one of the world’s leading automotive manufacturers, Stellantis.
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What’s happening in UK employment law in 2024: timeline
15 February 2024With a raft of upcoming legislative changes, there’s a lot to keep on top of in 2024. We’ve produced a timeline to help keep track of what’s ahead.
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Workplace romances – Catherine Hayes comments for Today FM
Press
14 February 2024Catherine joined Matt Cooper on The Last Word to discuss the potential challenges workplace romances can pose for employers, the importance of implementing clear policies and procedures, including guidelines for disclosing relationships and managing conflicts of interest, and how to effectively manage and mitigate the risks associated with workplaces relationships.
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Lewis Silkin has advised Havas on its acquisition of Ledger Bennett
Deal
13 February 2024Lewis Silkin has advised long standing client Havas on its acquisition of global B2B marketing agency Ledger Bennett.
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Professor’s ‘anti-Zionist’ beliefs were protected
13 February 2024Despite finding that a professor at the University of Bristol’s comments on Zionism merited disciplinary action against him, the Employment Tribunal concluded that dismissal was too severe a sanction and had been influenced by his beliefs concerning Zionism, which were protected under the Equality Act 2010. Dr Miller had therefore been discriminated against because of his anti-Zionist beliefs.
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What is an Employee Ownership Trust and how does it work?
Podcast
13 February 2024Kathy Granby and Matthew Rowbotham from our Tax, Rewards and Incentives team discuss the increasing popularity of moving to employee ownership, with a focus on Employee Ownership Trusts (EOTs).
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Ads & Brands Law Digest: January 2024
12 February 2024Welcome to the latest edition of our Digest, covering legal and regulatory developments from the last few weeks relevant to advertising, marketing, and brand-owning businesses. As usual, for each item we provide a succinct summary accompanied by a link to the full text of the relevant official source or our own report.
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Inside Labour’s plan for a storm of regulations at work - James Davies comments for The Telegraph
Press
12 February 2024Concerns over political changes were raised last week following Labour’s controversial decision to scrap its £28bn green investment plan. The change has raised questions over what other flagship policies Sir Keir might U-turn on.
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In-House Employment Lawyers Coffee Break: Episode 4 - Workforce consultation in the EAT and redundancy protection legislation
Podcast
12 February 2024Listen here for the latest developments and essential practical takeaways (short enough to fit into a 10-minute coffee break!). Lawyers from our IHELC team will discuss key developments in employment law with our usual pragmatism and insight, a touch of humour and a sharp focus on the in-house lawyer’s perspective.
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Big Brother Boss is watching – Linda Hynes comments on monitoring staff attendance using swipe cards for Irish Independent
Press
10 February 2024Irish employers are increasingly using surveillance software and AI to check productivity of staff at work at home, but does this lead to data protection issues for employers?
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Lewis Silkin Social Mobility Week: meet our scholarship winners
Press
09 February 2024Social mobility is one of our two focus areas for Responsible Business, alongside sustainability, and the annual Lewis Silkin Social Mobility Week is an opportunity to learn more about this issue and how we’re contributing to positive change.
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Five top tips for using biometric data in the workplace
08 February 2024As we become more accustomed to using our faces or fingerprints to unlock devices in our everyday life, it’s not surprising that UK employers are considering using biometric systems in the workplace. However, employers need to address the significant challenges involved with using biometric data.