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CHECKLISTS
ARCHIVED: This Checklist has been archived and is not maintained. Brexit: As of exit day (11 pm on 31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this Checklist. For further guidance, see Brexit Bulletin—key updates, research tips and resources and Brexit collection. On 3 February 2020, the UK and EU set out their opening negotiating positions for a post-Brexit UK-EU relationship. While the Political Declaration, appended to the Withdrawal Agreement, sets out the framework for the future relationship with the EU, it is not legally binding, meaning that either side can choose to depart from parts or all of the text. If negotiations for a trade agreement between the UK and the EU fail (a no trade deal Brexit), the UK’s trade with the EU would be on
PRACTICE NOTES
Properties are sold at auction for a number of reasons: • for a quick sale • the property may have been repossessed • the property may need significant redevelopment or refurbishment • the property may have proved difficult to sell on the open market One of the main advantages of selling at auction is the speed at which the transaction can be progressed. The sale is legally binding once the hammer falls so there can be no further negotiation on price, no change of mind and there is no chain, with completion usually 20–28 days later. If selling in a fiduciary capacity, or where there is an obligation to achieve the best price reasonably obtainable (eg on a sale by a mortgagee or a receiver), there is the advantage of the sale being entirely open and transparent. Action required before the auction A seller must choose the appropriate auction house, then set a reserve price and guide price based on the valuation of the property and consultation with the auctioneer. The guide price gives an indication
PRACTICE NOTES
What does this Practice Note cover? This Practice Note explains the concept of selling restrictions and their purpose in debt securities issuance documentation. It also provides an overview of the underlying regulatory frameworks relating to UK, EEA and US selling restrictions typically included in international debt capital markets transactions. This Practice Note does not set out selling restrictions language but includes links to the International Capital Markets Association (ICMA)’s website from which ICMA members and subscribers may access the ICMA Primary Market Handbook containing the ICMA model selling restrictions for certain key jurisdictions. What is the purpose of selling restrictions? In debt capital markets transactions, the offer and distribution of the debt securities is usually controlled by the investment banks acting as lead managers (in the case of standalone issues) or dealers (in the case of issues under a programme). The issuer itself does not make offers to investors. For information on the differences between standalone issues and issues under a programme, see Practice Note: Transaction structures—standalone bonds versus programmes. The
PRECEDENTS
Tip What should you do? How can following this tip help you? Look the part Think about how you look and how you are dressed—are you portraying the image you want to for yourself and your firm? How you look is very important. The best performers are always very well dressed, even when there are no planned meetings, because they want to be ready for any opportunity. Develop rapport and empathy with the person you are meeting Show interest and curiosity—ask plenty of questions and try to develop the conversation, particularly where there is common ground or a mutual interest.Be as prepared to have a conversation about personal interests as one about business. A natural connection puts people at ease and encourages trust. Many people like to talk about their hobbies and their family, so join in. Do not be put off by the word ‘no’ Understand the cause of the prospect’s objection or the ‘no’ and determine if another route or course of action will remove the blocker. The best sales people will usually say they
GLOSSARY
Computer chips consist of microscopic patterns etched onto a circuit which is then placed between two or more semiconducting layers. They do not qualify for copyright, patent or design right.
GLOSSARY
Computer chips consist of microscopic patterns etched onto a circuit which is then placed between two or more semiconducting layers. They do not qualify for copyright, patent or design right. The semiconductor topography right is an additional right to unregistered design law, intended to protect the electronic circuit board and the arrangement of semiconductors. Semiconductor topography right derives from EU legislation which was implemented in the UK by the Design Right (Semiconductor Topographies) Regulations 1989, SI 1989/1100 (subsequently amended by a number of statutory instruments). It grants an exclusive monopoly right for ten years from the end of the year during which the product first came to market. The right allows the rights holder to authorise or refuse sale or import of a copied topography. Following Brexit, marketing that takes place in the EU is no longer sufficient to qualify for protection in the UK.
GLOSSARY
The skills body for engineering and advanced manufacturing technologies sectors.
PRACTICE NOTES
This Practice Note sets out the rules that apply to the delivery of documents throughout the course of employment tribunal proceedings. Documents may need to be delivered: • to the tribunal: see Sending to the tribunal, below • to the parties to the proceedings: see Sending to parties, below • to others who are not parties to the proceedings: see Sending to non-parties and other special addressees, below There are rules in each case describing how and where documents must be delivered. Sometimes, the address for delivery stipulated by the rules is unascertainable, or known but in some way problematic, in which case an order can be made for delivery in another manner: see Problems with regular address—substituted service, below. The date of delivery of a document will often be important in determining whether there has been compliance with procedural rules. There are therefore deeming provisions, for different modes of delivery, which declare the date upon which a document will be taken to have been received, unless the contrary is proved:
PRECEDENTS
Do’s and do not’s for effective presentations Do Do not Get ready physically and warm up, eg stretch and clench your hands then shake them and stretch the muscles in your face and mouth. Leave it until the last minute to get to the venue—arrive with plenty of time to get ready and check the set up is as you expected. Have your team leader set the scene in a succinct and engaging way. Appear uncertain about who should be speaking on a particular topic or at a particular time. Always work out who will lead on specific areas. Rehearse with and without your colleagues. Learn your first three lines
NEWS
The Climate Change, Environment and Infrastructure Committee of the Welsh Parliament (Senedd) has published a report examining the Welsh Government's relationship with the National Infrastructure Commission for Wales (NICW). The report identifies delays in responding to NICW recommendations, including an outstanding response to their October 2024 flooding report. The Committee highlights resource constraints, noting that New Zealand's comparable infrastructure assessment cost £2.5m. The report calls for the Welsh Government to extend NICW funding beyond 2026 and establish clear response time frames for NICW recommendations. The Committee emphasises that current approaches could impact planning for flood defences and energy infrastructure projects.
NEWS
The Senedd has passed the Senedd Cymru (Member Accountability and Elections) Bill, which establishes a recall system enabling voters to remove members of the Senedd between elections. The legislation introduces two recall triggers: (1) automatic recall for members who receive prison sentences of any length, including suspended sentences and (2) a discretionary recall where the Standards of Conduct Committee (SCC) recommends removal for serious misconduct, subject to a majority vote of the Senedd. The legislation also strengthens the Senedd's standards framework by requiring each Senedd to establish SCCs, which may include independent lay members to provide external expertise. In addition, it grants additional powers to the Commissioner for Standards to investigate concerns about members' conduct. The legislation also places a legal duty on the next Welsh Government to prohibit false statements in regulations governing Senedd elections.
NEWS
Senedd Research has published analysis of the Building Safety (Wales) Bill, which creates a broader building safety regime than England's Building Safety Act 2022 by covering all buildings with two or more residential units rather than just those 18+ metres high. The Local Government and Housing Committee's Stage 1 report warns that including smaller, lower-risk buildings may overstretch resources and recommends the Welsh Government provide evidence justifying the inclusion of over 51,000 category 3 buildings. The Committee also criticises the Bill's lack of legally enforceable remediation deadlines for developers addressing post-Grenfell safety defects. The Senedd will vote on the Bill's general principles on 9 December 2025.