Regulation
359 whitepapers and resources
Regulation
Sanction for counsel in ASPIC
Section 108 of the Courts Reform (Scotland) Act 2014 provides that where counsel is instructed in a Sheriff Court action, the court must sanction the employment of counsel if the court considers, in all the circumstances of the case, that it is reasonable to do so. This article notes the key points.
New rules regarding taxation of expenses in civil proceedings
As part of the programme of ongoing reform following Sheriff Principal Taylor’s Review of Expenses and Funding of Civil Litigation in Scotland, new rules will soon come into force regarding taxation of expenses in civil proceedings.
Damages (Investment Returns and Periodical Payments) (Scotland) Bill
This week saw The Damages (Investment Returns and Periodical Payments) (Scotland) Bill being unanimously passed by the Scottish Parliament. This article briefly outlines the impact of the legislation on discount rate calculations and periodical payments for certain future losses.
The importance of data lineage in the insurance industry
Data lineage plays a big part in helping insurers quickly gather the information they need to rapidly respond when the PRA or FCA come calling. This one page blog briefly outlines why data lineage is a vital component of any effective data architecture and its relevance to insurers.
How data can help with IFRS 17 regulatory compliance reporting
With the International Financial Reporting Standard (IFRS 17), due to come into effect in 2022, insurers are facing the most significant change to insurance accounting requirements in over 20 years. This article highlights how data can help insurers with IFRS 17 regulatory compliance reporting.
Civil Liability Bill - What are the implications for brokers?
After years of debate, the Civil Liability Bill passed into law at the very end of 2018, with the implementation scheduled for April 2020. This short article answers some key questions for brokers and their motor clients.
Tribunal fees back on the table as employment claims continue to climb
It has been more than 18 months since the employment tribunal fee regime was ruled unlawful by the Supreme Court. This article assesses whether fees for employment tribunal claims are likely to be re-introduced in the near future, as well as the potential impact of the government’s Good Work Plan.
Case study: Support against all odds
The introduction of new standards in education and childcare has brought about changes in the OFSTED inspection process. This case study looks at how Tumblewood, an independent special school and residential care provider utilised its social welfare policy to achieve compliance.
PSD2: Advent of the new payments market in Europe
Aite Group’s second Payment Services Directive (PSD2) Research Report, commissioned by iovation, a TransUnion Company, provides an in-depth analysis of how those in the payment services and e-commerce market should prepare to handle the new strong customer authentication requirements under PSD2.
Justice in crisis
The huge IT failure experienced in January, which delayed trials up and down the country, was just a symptom of a much wider malaise that has made it ever harder for people to obtain legal advice and, ultimately, to access justice. Download this short article to find out more.