Virtual IBANs: the EBA’s report on their issuance and regulation
Virtual IBANs (“vIBANs”) are increasingly being used as payment account identifiers across the EU to redirect payments, yet the definition and the appropriate regulatory treatment thereof remains ambiguous.
WRC Find Selection Process Tainted with Discrimination
In the recent case A Complainant v A Media Company (ADJ-00043525) the Complainant alleged she…
This WRC Decision Should Raise Concerns For Companies Engaging Contractors
The Complainant in Lauren McBride v. FSR Atlantic Ltd t/a ADHD Now (ADJ-00049238) alleged several…
Revising Chapter 3 of the Financial Institutions Rulebook – MFSA issues new Consultation Document
The MFSA has, on 21 May 2024, issued a consultation on the revised Chapter 3 of the Financial Institutions Rulebook (‘FIR/03’) which will be applicable to both payment institutions and electronic money institutions once finalised.
Labour Court Clarifies When “On-Call” Is Not Considered Working Time for the Purposes of Public Holiday Entitlements
In the Labour Court case Mater Misericordiae University Hospital v Adrian Stefan (DWT2415)…
‘Equal Pay for Work of Equal Value’ the importance of comparing like with like
In a decision handed down by the Industrial Tribunal (the ‘Tribunal’) on 5th October 2022 in the names James D’Anastas vs Wembley Stores Company Limited (and confirmed by the Court of Appeal on 12th July 2023),
Litigation funding in the UAE: a quick guide for General Counsel and claimant decision-makers
Litigation funding is an arrangement where a third party finances the cost of litigation or arbitration proceedings in exchange for a return upon success.
The Rule: Giving notices required by a contract is not being “claim focused”
Too commonly employers or main contractors complain that the contractor or subcontractor is too claimed focused should a notice be given for every event which may give rise to an entitlement.
Introduction of the Tax-Free System in Kazakhstan: A New Stage for the Development of Shopping Tourism
Introduction Kazakhstan has made a significant step towards attracting foreign tourists and developing retail trade by introducing the Tax-Free system.
Legal Recourse for Privacy Violations and Nuisance by Neighbors in the UAE
Introduction: In the UAE, community living is a common lifestyle choice, encouraging a sense of togetherness and shared experiences.