A selection of United Kingdom legal and regulatory developments chosen to help keep our Canadian clients and friends up to date.

Personal Data: the new oil and its toxic legacy under the GDPR

We have canvassed data protection and privacy experts across Europe to predict how the liability and sanctions landscape will change under the General Protection Regulations, and where the changes will be felt most. We are excited to share our findings in this report.

Procurement and Carillion - the alternatives for the public sector

It has been hard to avoid the news this week of Carillion group companies going into liquidation after rescue talks at the weekend failed to reach a solution. The long term impact of this cannot be understated and is only just beginning to be felt throughout the public and private sector. Read more.

Bridging the gap between SIMR and SM&CR

The Senior Managers and Certification Regime (SC&MR), which aims to make individuals more accountable for their conduct and competence, is being extended in late 2018. This article looks at five key elements that General Counsel need to be aware of if they are new to the regime or need to bridge the gap between Senior Insurance Managers Regime and the extended SM&CR. Read more

Criminal Finance Act - four months on

The Criminal Finances Act came into force four months ago but, despite guidance being issued by HMRC and other regulatory bodies, it remains difficult for companies to evaluate the risk of a breach of this legislation and their real exposure to prosecution. This article reviews the minimum steps that should be prioritised and completed by companies now so they can show they have in place "reasonable prevention procedures" to mitigate the risk of facilitating tax evasion. Read more               

Employment Matters

2018 looks full of challenges with gender pay gap reporting and data protection regulation being top of many agendas in the first quarter. In this edition, our Employment Team looks at some recent decisions by the EAT which may be of interest.

Data Security in the Dock

Companies, their directors and officers are exposed to a range of criminal and regulatory penalties due to the way they collect, process and disclose personal information. These penalties are significantly increasing the pressure on companies to regularly review and update their data processing and security systems. This article looks at some recent high profile cyberattacks and reviews the data protection laws in the UK. Read more