Law360: The Association of British Insurers (ABI) has said it has signed an agreement with the Gibraltar Insurance Association (GIA) which it hopes will promote better cooperation between the two trade bodies on areas of common interest.

Law360: Insurers said on 25 April 2024 that they will take steps to reduce the additional expense incurred on policyholders which rely on finance arrangements to pay annual premiums.

Companies that have engaged in cartel activity can 'blow the whistle' in exchange for more lenient treatment.

The Competition and Markets Authority (CMA) investigates allegations of anti-competitive behaviour that have an impact in the UK that may breach

MLex: Civil proceedings against London Capital & Finance's (LCF) former chief executive Michael Thomson and other executives of the UK's investment firm started today, following an alleged fraud that left 11,000 investors with losses amounting to £237m.

Law360, London: A High Court Judge refused on 27 November 2024 to allow UK investors to challenge his decision striking out claims worth £330m from securities fraud litigation alleging that Barclays dishonestly delayed publishing information about its dark pool trading system.

The UK has joined the E-Commerce Joint Initiative at the World Trade Organization (WTO), along with 90 countries, to ensure trade is cheaper, secure and more efficient. The Organisation for Economic Co-operation and Development noted that the Initiative will enable UK businesses, workers and consumers benefit from the global digital trade, which is estimated to be worth £4tn. Once the Initiative is implemented, all the participants will be committed to ensure the digitalisation of customs documents and processes, ending the need to print forms and hand them over at customs. The participants will also be committed to utilise e-documents and e-signatures, which will decrease the need for businesses to physically sign contracts and post them and to ensure legal safeguards against online fraudsters and misleading claims about products are put in place.

Law360, London: The UK has officially joined a World Trade Organization (WTO)-led contingency plan designed to keep the door open for appeals in international trade disputes, despite the continued dormancy of the WTO Appellate Body.

This Checklist summarises the principal UK competition law issues to consider when establishing, structuring and operating a JV (JV), including UK merger control, the Chapter I prohibition of the Competition Act 1998 (CA 1998) and related filing or compliance questions. A JV may raise both merger control and competition law issues. Under the Enterprise Act 2002, there is no separate 'full-function' requirement. The question is whether the arrangements result in enterprises ceasing to be distinct, typically because one or more parents acquires material influence, de facto control or legal control over an enterprise. In the case of a start-up JV, the key UK merger control question is whether the activities transferred to the JV by one or more parents (or acquired from a third party) are sufficient to constitute an enterprise. Even where UK merger control is not engaged, the creation and operation of the JV may still need to be assessed under the Chapter I prohibition of the CA 1998. This Checklist focuses on UK issues, but also flags where EU or other merger control

Researchers from the Worcester Polytechnic Institute, Harvard-Radcliffe Institute, Maynooth University and the Toulouse School of Economics have published a study called ‘Interacting with AI at Work: Perceptions and Opportunities from the UK Judiciary’.

Law360, London: On 27 June 2024, the Court of Appeal of England and Wales handed down judgment in the case of R (on the application of World Uyghur Congress) v National Crime Agency.

Law360: The UK's top court said 17 January 2024 that a commodity trading company should cover a chunk of a US$7.7m ransom paid to Somali pirates to release a ship, refusing to widen the scope of the insurance code.