Publication
What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Global | Publication | July 2018
The government is on a mission to deliver a “fairer, good quality and more affordable private rented sector”. Recent steps taken in this direction include a database of rogue landlords and agents. Other changes in the pipeline include a ban on tenant letting fees (see our May Focus), a requirement that landlords join a redress scheme and that all letting agents are registered.
Attention has now turned to the terms of assured shorthold tenancies (ASTs), the most common form of tenancy in the private rented sector.
The government considers that, given the increasing size of the sector, there is a need for longer and more secure tenancies than the minimum six months offered by the AST regime. In a consultation published this month by the Ministry of Housing, Communities and Local Government entitled Overcoming the barriers to longer tenancies in the private rented sector, views are sought on a new longer term tenancy model and how to implement it.
The main components of the proposed new model are
There is scope for exemptions from the three-year fixed term, with suggestions including student accommodation and holiday lets. The consultation asks what other exemptions might be necessary or justifiable.
The consultation also seeks views on implementation, with proposals ranging from compulsion through legislation to financial incentives for landlords and voluntary measures.
Given the potentially far reaching consequences of any such changes, the consultation period is relatively short: responses are required by August 26, 2018.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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