Jurisdiction

Europe

Glass Lewis review of compliance with UK Corporate Governance Code

by Leela|20 May 2021|Industry News

Earlier this year Glass Lewis published an interesting review of the impact of the 2018 UK Corporate Governance Code (the “Code”) on governance practices, in which it sets out its approach to the most common provisions of non-compliance among FTSE 350 companies (the “Review”). Glass Lewis is one world’s largest independent providers of governance and […]

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Case Law: Can an exclusion clause or liability cap apply to a deliberate or fundamental breach?

by Leela|17 May 2021|Industry News

FACTUAL BACKGROUND Most business-to-business commercial contracts will include provisions which limit either one or both parties’ liability towards the other. Examples of the type of clauses which aim to achieve this are: exclusion of liability: these clauses are contractual terms which attempt to either exclude or limit the liability of one party towards another for […]

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FCA statement and feedback on its assessment on liquidity mismatch in authorised open-ended property funds

by Leela|12 May 2021|Industry News

In August 2020 the Financial Conduct Authority (“FCA”) consulted on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds (the “Consultation”,”CP20/25”). In particular, the FCA consulted on suggesting a new notice period for redemption in these funds and also asking for alternative proposals. Following this consultation, the […]

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CMA publishes annual plan 2021/22

by Leela|11 May 2021|Industry News

The Competition and Markets Authority (“CMA”) published its annual plan for 2021/22 on 23 March 2021. As a result of the COVID-19 pandemic, like the rest of the world, the UK has faced major challenges in the goods and services sector. Moreover, the CMA has taken on new responsibilities as the transition period out of […]

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European commission issues draft on the uk data adequacy decision

by Leela|29 April 2021|Industry News

On 19 February 2021, the European Commission (“Commission”) published a draft adequacy decision (“Draft Decision“) in respect of the data protection framework in the United Kingdom (“UK“). The assessment is made both in relation to the EU General Data Protection Regulation 2016/679 (“GDPR“) and the Law Enforcement Directive 2016/680 (“LED“). The adoption of the adequacy decision […]

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Recognition

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Cleveland & Co Associates Limited is incorporated in England and Wales, company No. 07871988, 79 Weston Street London SE1 3RS. Cleveland & Co Associates Limited is authorised and regulated by the Solicitors Regulation Authority (“SRA”) under no. 622069, as an alternative business structure, and as such all our solicitors are subject to the principles and code of conduct set out by the SRA. Please visit https://www.sra.org.uk/solicitors/standards-regulations/ for more information.

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