Publication
Grenfell Inquiry second report: bracing for change in the UK construction industry
On 4 September 2024, the long-awaited Grenfell Tower Inquiry: Phase 2 Report (the Grenfell Report) was published.
United Kingdom | Publication | April 2020
The FCA has recently published a Dear CEO letter to asset management firms concerning their preparations for the end of LIBOR.
In summary, the key points in the Dear CEO letter include:
The Dear CEO letter concludes with the FCA stating: “If your firm has LIBOR exposures or dependencies, your transition activities should now be underway. If LIBOR transition is not yet underway at your firm, we expect you to take immediate action to develop and to begin to execute an appropriate plan. If your Board decides that no LIBOR transition plan is needed, we may seek to understand and, where appropriate, challenge the reasons for this decision. If, following careful review, your Board decides that a barrier to transition is insurmountable, or your transition preparations will not be completed in time, you should inform us immediately and keep us up to date on developments.”
Publication
On 4 September 2024, the long-awaited Grenfell Tower Inquiry: Phase 2 Report (the Grenfell Report) was published.
Publication
On 3 September 2024, the ECJ delivered its judgment in Illumina’s appeal against the General Court’s (GC) judgment confirming the European Commission’s (EC) powers to review concentrations under the EU Merger Regulation (EUMR) in circumstances where no Member State has jurisdiction under national law.
Publication
One of the driving forces of the ‘fourth industrial revolution’ - AI- has the potential to redefine and disrupt industries worldwide. The MENA insurance industry is no exception, offering a unique landscape for AI adoption characterised by significant challenges and opportunities. Middle East Insurance Review spoke to Norton Rose Fulbright’s Ms Shabnam Karim and Messrs Shiv Daddar, Simon Lamb and Marcus Evans to find out more.
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