UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more
7/24/2024
/ Artificial Intelligence ,
Banking Sector ,
Banks ,
Employer Liability Issues ,
EU ,
European Data Protection Board (EDPB) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Tax Liability ,
UK
With a new Labour government comfortably moved into Whitehall, employers across England, Wales and Scotland should expect several employment law reforms to affect everyday business decisions in the coming months. Labour set...more
It's the run-up to bonus season in the UK and there is a lot to talk about. While the markets may have cooled down, the caps are off! In a controversial move, regulators removed the regulatory cap on banker's bonuses on 31...more
A large US Bank with operations in the UK (Bank) recently won a widely discussed case in the UK's Employment Tribunal after a senior analyst (Employee) sued the Bank for unfairly dismissing him over an expense form relating...more
Non-compete provisions are receiving a lukewarm reception by the authorities on both sides of the Atlantic at the moment. With plans to make changes in the UK being actively discussed, and at a federal level in the United...more
As the new year is fast approaching, we're waiting with bated breath for Prince Harry's new book, the Rugby World Cup, Doctor Who's 60th anniversary and of course, the potential UK employment law developments that financial...more
The UK Government announced last week that we are entering a new phase of the pandemic — one where we now learn to live with COVID-19. On 24 February 2022, all domestic COVID-19 regulations restricting public freedoms came to...more
Under the EU General Data Protection Regulation (EU GDPR) and the UK Data Protection Act 2018 (UK GDPR) (together the GDPR), even if an organisation is not established in the European Economic Area (EEA) or United Kingdom it...more
11/30/2021
/ Corporate Counsel ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
EU ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Personal Data ,
Popular ,
UK
The following outlines where Katten can help clients to comply with their General Data Protection Regulation (GDPR) obligations. This note is appropriate for clients that are already doing business in the UK or the EU, or may...more
Notwithstanding the obvious ethical goals, we all know that driving equality and diversity forward is imperative to brand protection, employee retention, recruitment and ultimately revenue generation. As an employer, there...more
Set out below are our top tips for how to approach vaccination of your workforce against COVID-19....more
The UK's COVID-19 vaccination rollout is well under way. Many employers are hoping this will facilitate a return to the workplace in 2021 and may be considering whether they can make vaccination of their workforce mandatory....more
The end of the Brexit transition period is now upon us. Whilst the EU General Data Protection Regulation (EU GDPR) is retained in domestic law with minimal amendment, the so-called 'UK GDPR' has some key changes that...more
1/29/2021
/ Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
EU ,
Hackers ,
Personally Identifiable Information ,
Popular ,
UK ,
UK Brexit
The end of the Brexit transition period is upon us. As of 1 January 2021, the UK is a 'third country' under the EU General Data Protection Regulation (GDPR), though the transition period has been extended for up to six months...more
Finance Act 2020: This Time It’s Personal (Liability) -
The Finance Act 2020 introduces new rules which make certain individuals who have a ‘relevant connection’ to a company that is, or is likely to become, subject to an...more
From July, UK employers can bring employees back to work from furlough “flexibly”. This means that employees can agree to return to work on a reduced hours’ basis, and be paid for that work by their employer, and remain on...more
The United Kingdom (UK) government is relaxing its lockdown restrictions, and our clients are starting to model what a return to the workplace may look like. In this advisory, Katten provides answers to some of the common...more
6/12/2020
/ Coronavirus/COVID-19 ,
Employer Liability Issues ,
Employer Responsibilities ,
Personal Protective Equipment ,
Re-Opening Guidelines ,
Screening Procedures ,
Social Distancing ,
UK ,
Virus Testing ,
Workplace Decontamination ,
Workplace Safety
This advisory provides a summary of the Coronavirus Job Retention Scheme’s (CJRS) guidance on flexible furloughing, including the last date that employees can be furloughed for the first time, how long employees can be placed...more
The UK Government has published guidance on steps employers are required to take to ensure that they are providing a safe place to work before their employees can return to the workplace. In this advisory, Katten has broken...more
The UK government is considering relaxing its lockdown restrictions, and our clients are starting to model what a return to the workplace may look like. Katten has set out some of the common questions we have been getting,...more
IR35 off payroll rules1 and employee's NICs by supplying their services through an intermediary, such as a personal services company (PSC), and paying themselves in dividends from that company....more
On 15 April, the UK Government made some changes to the Coronavirus Job Retention Scheme (CJRS, or the "scheme"), by way of updated guidance, as well as producing some directions for HMRC as to how they should administer the...more
As employees settle into working from home, it is important for employers to consider their approach to annual leave while the COVID-19 crisis is ongoing. Regular rest breaks help to ensure the physical and mental wellbeing...more
The COVID-19 pandemic has wide-ranging implications for UK businesses. Katten is helping you stay ahead of the changes with the following Q&A on furloughs....more
The Information Commissioner's Office (ICO) has issued a statement confirming that data protection will not stop the need for businesses to share information quickly, or adapt the way they work to face the unprecedented...more
3/27/2020
/ Coronavirus/COVID-19 ,
Cybersecurity ,
Data Collection ,
Data Controller ,
Data Processors ,
Data Protection ,
Data Subjects Rights ,
European Data Protection Board (EDPB) ,
Information Commissioner's Office (ICO) ,
New Guidance ,
Personal Data ,
Popular ,
Remote Working ,
UK ,
UK Data Protection Act