Publication
Essential Corporate News: Week ending 24 May 2024
On 21 May 2024 the Financial Conduct Authority (FCA) published Primary Market Bulletin 49 (PMB 49) covering a range of topics covering a range of areas including those summarised below.
United Kingdom | Publication | February 2022
In the UK, different systems of property law operate in each jurisdiction (England & Wales, Scotland and Northern Ireland). While some legal concepts are similar, there are plenty of distinctions to navigate and to catch out the unwary. Generally, the law and rules relating to property matters are the same in England and Wales. However, the devolution of government in the UK has gradually led to a number of changes and a growing and evolving body of Welsh law.
In England and Wales, minimum energy efficiency standards (MEES) for landlords in the private rented sector have been in force since 1 April 2018. These provide that, with some exclusions and exemptions, a landlord cannot grant a new – or renew an existing – tenancy of a property if it does not have an EPC rating of E or higher. Since 1 April 2020, private sector residential landlords have not been able to continue to let a sub-standard property. Landlords of commercial premises with tenancies already in place on 1 April 2018 must comply from 1 April 2023.
The UK Government recently issued four consultations to raise the energy efficiency bar by introducing:
Consultation responses are “currently being analysed” in each case, so we should expect further developments during the course of 2022.
Publication
On 21 May 2024 the Financial Conduct Authority (FCA) published Primary Market Bulletin 49 (PMB 49) covering a range of topics covering a range of areas including those summarised below.
Publication
As the world enters the age of artificial intelligence, the use of technology in the legal sector continues to create interpretative difficulties and misunderstandings, sometimes with serious consequences, over seemingly trivial matters.
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