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Welcome to our monthly newsletter, with a summary of the latest news and developments in UK employment law.

This briefing discusses the new approach of the UK’s regulator, the FCA, to regulatory enforcement of wholesale markets, as revealed by the recent settlements between the agency and five banks relating to FX manipulation.

Facts Barclays Bank plc acted as agent and offshore security trustee under a Facility Agreement, whereby a syndicate of lenders, including Barclays Capital, lent US$45 million in late 2007 to Svizera, a Dutch company, with Maneesh, its Indian parent company, acting as guarantor.

O.W. Bunker Malta Limited ("OWBM"), and ING Bank N.V. ("ING") (which was seeking an assignment of the debt from the appellants to OWBM) were the respondents.

The High Court held, in The Software Incubator v Computer Associates, that a supply of commoditised software is a sale of goods for the purposes of the Commercial Agents (Council Directive) Regulations 1993.

On 17 June 2013, three European music collecting societies announced that they would collaborate to "simplify national and pan-European music licensing and processing".

A report by PWC on the Global State of Information Security Survey identified that 2014 saw a 48% increase of security incidents over 2013, with the resulting financial loss increasing by an average of 34%. In the United States

The Article 29 Working Party has published an Opinion (01/2015) about the data protection and privacy issues in relation to the utilisation of drones.

The Information Commissioner's Office (‘ICO') has published its 2017/2018 Annual Report, covering the 12 months leading up to 31 March 2018.

Will landlords be able to keep tenants on the hook and will leases continue even when tenants try to exercise a break right? In the current state of COVID-19 ...

Being a trainee at a successful City law firm is tough; it’s two years where the only constant is change.

The Centre for Data Ethics and Innovation (CDEI) is inviting submissions to help inform its review of online targeting and bias in algorithmic decision making.

The UK Centre for Data Ethics and Innovation (CDEI) released its 2019/20 Work Programme and Two-year strategy to enhance the benefits of data and Artificial Intelligence for the UK society and economy on 20 March 2019.

The Small Business, Enterprise and Employment Act 2015 (the ‘Act') received Royal Assent on 26 March 2015 and its implementation will change a number of aspects of company law over the next 18 months.

Investors in crowded sectors may look on the opportunities created by the supply chain as medieval adventurers once looked on the fabled kingdom of Prester John.

As many of you are aware when doing business with Chinese investors you will need to come to terms with "Guanxi" – meaning relationships or connections outside the family.

On November 30, 2018, the Network Security Protection Bureau of the PRC Ministry of Public Security published the draft "Guideline for Internet Personal Data Security Protection" for public comments.