ArticleThe Power And Impact Of Role ModelsOn a rainy morning in May, a packed room gathered on the top floor of our London office to celebrate women in aviation.United KingdomTransportNorton Rose Fulbright Hong Kong
ArticleTakeaways From TXF Global 2024 In AthensI was lucky enough to attend TXF Global in Athens last week, the annual jamboree of the great and the good of the world of export, project and development finance.GlobalFinance and BankingNorton Rose Fulbright Hong Kong
VideoInternational Women's Day 2024 (Video)International Women's Day is a day to reflect on the progress we've made toward a more equitable future for women globally.Hong KongCorporate/Commercial LawNorton Rose Fulbright Hong Kong
ArticleFCA Investigation Update Highlights The Importance Of Good GovernanceThe FCA's investigation into Crispin Odey highlights the critical need for firms to uphold rigorous, unbiased governance processes in handling misconduct, particularly among senior managers.United KingdomCorporate/Commercial LawNorton Rose Fulbright Hong Kong
ArticleUK CPS, HMRC And NCA Show Their Teeth On The Bribery ActThree recent cases act as a reminder that the CPS, HMRC and NCA, as well as the SFO, are actively enforcing the UK Bribery Act and conducting cross-border investigations.United KingdomCriminal LawNorton Rose Fulbright Hong Kong
ArticleCourt Of Appeal Rules Debtor's Pension Is Protected From CreditorsThe Court of Appeal in Manolete v White [2024] overturned a 2023 High Court ruling, affirming that courts cannot compel individuals to access occupational pensions to satisfy creditors, reinforcing the protections of Section 91(2) of the Pensions Act 1995.United KingdomEmployment and HRNorton Rose Fulbright Hong Kong
ArticlePensions Regulator Issues Its 2024 Annual Funding Statement For DB Schemes Together With Its Corporate Plan 2024-27The Regulator has issued its DB Funding Statement, which is aimed primarily at schemes with valuation dates between September 22, 2023, and September 21, 2024...United KingdomEmployment and HRNorton Rose Fulbright Hong Kong
ArticleFinancial Reporting Council Call For Evidence Regarding UK's Endorsement Of The Recently Issued Sustainability StandardsThe Financial Reporting Council (FRC)1 has issued a call for evidence (the Call for Evidence) to collect views regarding the proposed endorsement by the UK government...United KingdomFinance and BankingNorton Rose Fulbright Hong Kong
ArticleICO, FCA, And TPR Joint Statement On Data Protection And Effective Communications To ConsumersThe ICO, FCA, and TPR's joint statement clarifies that retail investment firms and pension providers can send regulatory messages to consumers without direct marketing permissions, as long as these messages don't promote services. The tone must remain neutral, avoiding active promotion to comply with data protection rules.United KingdomFinance and BankingNorton Rose Fulbright Hong Kong
ArticleName And Shame Round Two: FCA Publishes Consultation On Redrafted ProposalsThe FCA's revised CP24/2 proposals address concerns about its 'name and shame' policy, incorporating firm impact into the public interest test, extended notice periods, and limited retrospective application.United KingdomFinance and BankingNorton Rose Fulbright Hong Kong
ArticlePublic Offer Platforms (POPs) – Will They Solve The Problem?The UK's Financial Conduct Authority (FCA) proposes a new Public Offer Platform (POP) regime to help smaller companies raise capital in London. Key changes include eliminating the need for an FCA-approved prospectus for offers over £5 million on a POP, making POP operation a regulated activity, and requiring comprehensive due diligence and disclosures. This aims to lower costs and streamline processes compared to the traditional prospectus regime, fostering greater access to capital for smaller United KingdomFinance and BankingNorton Rose Fulbright Hong Kong
ArticleTakeaways From The LMA Sustainable Finance ConferenceI attended the LMA's excellent Sustainable Finance conference in London yesterday. It wasn't just an opportunity for people to dust off their green dresses and ties.United KingdomFinance and BankingNorton Rose Fulbright Hong Kong
ArticleProtection Of Critical Infrastructures (Computer Systems) Bill Published In The GazetteIn July 2024, we issued a legal update1 on the proposed introduction of the Protection of Critical Infrastructures (Computer Systems) Bill (the Bill) and mentioned that there would be a one-month consultation period.Hong KongTechnologyNorton Rose Fulbright Hong Kong
ArticleMainland Judgments In Civil And Commercial Matters (Reciprocal Enforcement) Ordinance And Rules Taking Effect In January 2024In November 2022, we issued a legal update on Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance (Cap. 645) (MJREO)...Hong KongLitigation, Mediation & ArbitrationNorton Rose Fulbright Hong Kong
ArticleFiduciary Duties: A Case Study On The Exchange's Censure Against Ex-Directors Of Global Uin IntelligenceThe Stock Exchange of Hong Kong Limited (Exchange) issued a public censure and Director Unsuitability Statement on 5 March against two former directors...Hong KongCorporate/Commercial LawNorton Rose Fulbright Hong Kong
ArticleGeneral Update July 2024The UK and European asset management industry faces ongoing challenges due to high interest rates and low market confidence, resulting in capital-raising difficulties, fund mergers, and liquidations. Positive market sentiment and regulatory reforms could improve conditions.United KingdomWealth ManagementNorton Rose Fulbright Hong Kong
ArticleThe European Hydrogen Bank Looks To Up The Ante For Its Second Auction Under The Innovation FundHot on the heels of today's announcement that the European Hydrogen Bank (EHB) has awarded nearly €720 million in financial support from the Innovation Fund's pilot auction to seven renewable hydrogen projects...European UnionEnergy and Natural ResourcesNorton Rose Fulbright Hong Kong
ArticleEssential Corporate News – Week Ending 12 January 2024On 10 January 2024, the draft Reporting on Payment Practices and Performance (Amendment) Regulations were laid before Parliament (2024 Regulations)...United KingdomCorporate/Commercial LawNorton Rose Fulbright Hong Kong
ArticleData Protection And Training AI Models: Deployers Must Assess Whether The Models They Use Were Developed LawfullyThe EDPB's Opinion clarifies GDPR implications for AI models, emphasizing the case-by-case assessment of anonymization, legitimate interests, and the impact of unlawfully processed personal data, urging robust AI governance and compliance.United KingdomPrivacyNorton Rose Fulbright Hong Kong
ArticleThe Transformative Potential Of GenAI To The OTC Derivatives MarketWith generative artificial intelligence (genAI) popping up across the legal landscape, what will the impact be in the over-the-counter (OTC) derivatives market? The International Swaps...United KingdomTechnologyNorton Rose Fulbright Hong Kong