Crisis response or road to recovery?
Global businesses have implemented strategies to ensure they can continue to operate in a rapidly changing and increasingly uncertain legal and regulatory landscape. Since the beginning of the pandemic in 2020, it has been increasingly clear that operational resilience and a clear strategy remain essential for organizations not only to survive, but to thrive. While protecting public health still remains the priority, many organizations continue to face challenges, including disruption to their supply chains, meeting contractual obligations, bringing people back to the workplace and implications under funding arrangements. Many of these issues need to be navigated on a cross-border basis.
This global resource hub identifies the key issues and provides practical guidance as well as innovative and strategic thinking from our lawyers around the world on the legal and regulatory challenges. Our multi-disciplinary team takes a holistic approach to risk management that spans business units, areas of law and national boundaries.
Singapore - Cross-border guide to parent company liability for foreign subsidiaries
A subsidiary is a separate legal entity. This fundamental principle of independent corporate identity is the bedrock of company law in Singapore.1 The doctrine of separate legal personality is no...
Ontario Superior Court decertifies class action after class members overwhelmingly opt out
In Navaratnarajah v FSB Group Ltd., Justice Morgan of the Ontario Superior Court took the rare step of decertifying an employment class action when more than 95% of the class members opted out of the process.
Private wealth, trusts and estates
Welcome to our private wealth, trusts and estates publication series, where you will find a range of articles that address some of the most common issues and questions that arise for clients in the context of estate planning, estate and trust administration, charities law and related areas.
Privacy notices: the ICO follows the lead of the EU data protection authorities in their interpretation of Article 13 UK GDPR
Introduction On 15 May, the ICO published the monetary penalty notice (MPN) in relation to the £12.7 million fine it imposed on TikTok in April. This MPN and its accompanying annexes set out details of TikTok’s non-compliance with data protection law and the reasons why the ICO considered that a fine was appropriate.
ESMA updates Q&As on the implementation of Regulation (EU) 2022/858 on a pilot regime for market infrastructures based on distributed ledger technology
On 2 June 2023, the European Securities and Markets Authority (ESMA) updated its Q&As on the implementation of Regulation (EU) 2022/858 on a pilot regime for market infrastructures based on distributed ledger technology. In particular, ESMA has added new Q&As on DLT market infrastructures, cash settlement and exemptions from the Central Securities Depositories Regulation.
ESAs consult on DORA criticality criteria
On 26 May 2023, the European Supervisory Authorities (ESAs) published a joint Discussion Paper on criteria for critical ICT third-party service providers and oversight fees. This Discussion Paper follows the request for technical advice that was sent by the European Commission (Commission) to the ESAs in late December 2022.