Author Archive:
John C. Kang
Critical Third Party rules finalised – but no designations yet
Read more: Critical Third Party rules finalised – but no designations yetThe BoE, PRA and FCA have finalised their suite of rules and guidance on how they will supervise CTPs – although no CTPs have yet been designated.
Are you aware of the upcoming changes to Biometric Residence Permits (BRP)?
Read more: Are you aware of the upcoming changes to Biometric Residence Permits (BRP)?What is the change? On 31 December 2024, all BRP cards will expire. This is because UK Visas and Immigration (UKVI) are slowly transitioning to a fully digitised system, and BRP cards are being replaced with an electronic visa (eVisa). This does not mean (in most cases) that an individual’s permission to live and work…
The Sky is limited: UK Supreme Court issues its decision on whether applying for a broad list of goods and services could constitute bad faith
Read more: The Sky is limited: UK Supreme Court issues its decision on whether applying for a broad list of goods and services could constitute bad faithThe UK Supreme Court has issued a decision on a trade mark dispute between Sky and Skykick confirming that a trade mark can be invalidated on the grounds that the applicant filed for goods and/or services it had no intention to use the trade mark for. The invalidation would only affect those goods and/or services…
“Retail Review” keeping you up to date on hot topics for the industry
Read more: “Retail Review” keeping you up to date on hot topics for the industryHave you heard our latest podcast? Our Retail Review covers key topics related to the industry in bitesize pieces. With all of the changes to high streets and shopping centres over the past few years it is integral to safeguard properties while retaining competitive edge. Listen to Claire Wilkinson, Partner and Head of Retail &…
Live Focus webinar invitation – December 2024
Read more: Live Focus webinar invitation – December 2024Join us virtually on Tuesday 3 December at 10am for our next FIN. Focus Live webinar. For most financial institutions, using AI is now part of normal business – but what changes and opportunities are yet to come? We’ll be having a panel discussion on the future of AI in financial services. Emma Radmore will…
New guidance on preventing sexual harassment at work
Read more: New guidance on preventing sexual harassment at workFrom 26 October this year, employers will be under a new legal duty to take reasonable steps to prevent sexual harassment of their workers in the course of their employment. It’s an anticipatory duty, meaning that employers should take proactive steps to prevent sexual harassment, and they shouldn’t wait for a worker to make a…
Court of Appeal allows consumer appeals in motor finance cases
Read more: Court of Appeal allows consumer appeals in motor finance casesThe Court of Appeal has supported consumers who were not told of commissions their motor dealers accepted when arranging motor finance. The lenders have been ordered to pay back the amount of the commission, but will be appealing to the Supreme Court. The FCA is keeping an eye on developments amid industry calls for it…
FCA welcomes TFMR report
Read more: FCA welcomes TFMR reportThe FCA has welcomed the recommendations from the Transition Finance Market Review, which include better and more granular definitions and planning processes.
Treasury consults on BNPL
Read more: Treasury consults on BNPLThe Government is finally consulting on taking forward the proposals for regulating certain currently unregulated BNPL products, so that most currently exempt agreements involving a third party lender will fall within a newly defined credit agreement type of “regulated deferred credit agreement.
Extension of Agricultural Property Relief
Read more: Extension of Agricultural Property ReliefIn the Spring Budget of March, Jeremy Hunt announced an extension to Agricultural Property Relief (APR). This means that land managed under environmental agreements won’t lose APR. If you’re a landowner considering changing the use of your land to deliver environmental schemes, this is for you. However, with the recent General Election, it’s uncertain whether…
The importance of discussing the future of the family farm
Read more: The importance of discussing the future of the family farmHave you ever considered the importance of discussing the future of your family farm? Many families avoid this topic, but it is crucial to the success and longevity of the farm. In this article, we explore the benefits of having open and honest conversations about the future of your farm and provide tips on how…
Changes to the UK’s tax system: for UK resident (but non-UK domiciled) individuals and related asset holding structures
Read more: Changes to the UK’s tax system: for UK resident (but non-UK domiciled) individuals and related asset holding structuresThe new Labour Government has issued a policy paper that provides some but certainly not all of the detail for the proposal to reform this area of the law from 6 April 2025, including abolishing the remittance basis of taxation. We have already published two articles summarising the 2024 Spring Budget proposals and the early reaction by the…