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Urban Dynamics
Future Foods Update | May 2024
This edition includes new UK guidance on plant-based dairy products, an Austrian case on naming plant-based products, and EU developments
Competition, antitrust and trade
UK government announces timetable for changes to the National Security and Investment Act regime
But the Cabinet Office timeframe comes as a UK general election could bring in Labour with its 'secureconomics' agenda
Corporate
UK Takeover Panel revises guidance for private sale processes
Welcome changes to Takeover Code aims to strike balance between confidentiality and disclosure obligations and enhance clarity
Corporate
UK Takeover Panel proposes refocusing the scope of the Takeover Code
Consultation proposes significant amendments to the jurisdictional framework, with potential for simplified transactions
Corporate
Belgium's new Civil Code introduces new extracontractual liability for auxiliary persons
Businesses will need to address their liability concerns around auxiliary persons, including directors and employees
Corporate
What to look out for in Spanish transactions involving material assets
Companies need to properly understand and implement article 160(f) of the Companies Act to avoid nullity sanctions
Financial Services
International Funds Legal Update | 19 April 2024
UK authorised funds rules amends and tokenisation progress, and EU marketing, disclosure and investment rules updates
Workforce Solutions
UK government makes announcement on tackling non-compliance in the 'umbrella' companies market
Guidance due later this year will support workers and businesses using umbrellas, including an online pay-checking tool
Employment and pensions
UK Employee Incentives Update | April 2024
Developments in share plans including EMI notifications and employment-related securities annual returns
Corporate
Delay in new statutory powers for UK Financial Reporting Council leads to postponement of planned headcount increase
Absence of legislation to expand its remit means FRC will instead focus on a year of consolidation to prioritise its
Infrastructure services
What happens to the project company at the expiry of UK PFI contracts?
Directors of the special purpose vehicles created for PFI projects should be aware of the steps they need to take
Financial Services
AIFMD II: what Europe's alternative fund managers need to know
EU changes have set in stone how alternative investment funds are managed: what is the new rules' international impact?