The UK financial services sector is a complex and highly regulated industry, meaning the sale of a business needs to adopt an appropriate structure with expert legal and tax advice to ensure a smooth and compliant transaction. We highlight below the key legal considerations that sellers of financial services businesses…
There is often a gap between our good intentions and our actual behaviour – what we claim to do and how we act. Alarmingly, we're sometimes not even aware of the difference between what we think we're doing and what we're really doing. Aligning our actions with our intentions is…
Google releases Right to Repair white paper
Innovation is recognized as the zenith of success for companies. Oft heard phrases such as “innovate or die” (HBR) and “survival of the most innovative” (SmartStorming) are top of articles. Innovation, however, can often seem like a Sisyphean task — a boulder of progress pushed to the apex only to…
As we ring in the New Year, now is a great time to take inventory of some important and comprehensive tax legislative changes that occurred in 2023. On October 4th, 2023, Governor Maura Healy signed into law Bill H. 4104, “An Act to improve the Commonwealth’s competitiveness, affordability, and equity”…
Fixed-term contracts are often complex and can create risk. Companies looking to terminate fixed-term contracts with their independent contractors can breathe a bit easier after an Ontario appeal court found that, generally, independent contractors under fixed-term contracts have a duty to mitigate their damages. This diverges from the approach the…
With 2023 having come to an end, the fast-paced changes to the China data protection regime throughout the year are continuing well into Q1 2024. Author: Venus Cheung, Carolyn Bigg, Amanda Ge, Gwyneth To As well as a near finalisation of the different routes to legitimise cross-border data transfers, the Cyberspace Administration of…
The practice of asking candidates to disclose their last-drawn salary to prospective employers has long been one of the more contentious aspects of the hiring process. While this remains a common request across many countries, certain states in the United States – including California and New York – have made it…
What happens if you can’t contact a shareholder of your company? What does the disappearance of that shareholder mean for the operation of your company? Have the gears of your company ground to a halt as a result of the missing shareholder throwing a spanner in the works? Fear not,…
The role of a good asset manager is to protect and grow a client’s money. An obvious statement maybe, but one worth making – particularly when it comes to discussing equities. Stocks are often the most glamourous, headline-grabbing part of the investment universe. They loom large in the public imagination…
Sales of soda and other sugary drinks fell significantly in five American cities after excise taxes were imposed on these beverages.
The turn of the year often marks a time for personal resolutions, but what about resolutions for the workplace? According to Gallup, employee engagement in the U.S. saw its first annual decline in a decade — dropping from 36% of engaged employees in 2020 to 34% in 2021. How might…
10 January 2024By Matteo FalagiardaWithin the euro area, countries in central and eastern Europe have recently experienced the highest inflation rates. But why, exactly? The ECB Blog looks at the reasons for these higher prices and highlights the resulting risks and vulnerabilities.Since 2021 inflation in euro area countries in central…
With the new year comes our annual tradition of recognizing three CEOs for their accomplishments over the last 12 months—as well as three CEOs who are on the hot seat after a year of struggles. Such an effort at accountability can teach us a lot about the future, as glancing…
Way back in February 2020, before most of us really knew anything about COVID, we wrote an article for The Conversation about “leaveism” and its impact on flexible working. Barely a month later, the world was bracing for a pandemic that would inadvertently create the largest (forced) working experiment of…
It has been an exciting year for Europe’s banking industry. Major central banks such as the ECB and the Bank of England continued to hike interest rates rapidly, to levels not seen since at least the financial crisis. This has led to wider interest margins and boosted the sector’s most…
The purpose of Bank Overground is to share our internal analysis. Each bite-sized post summarises a piece of analysis that supported a policy or operational decision.
Steve McCurry from the international photography collective Magnum Photos, the photographer behind the iconic “Afghan Girl” portrait, has played a significant role in contemporary photography for more than four decades. Through his lens, McCurry has documented world conflicts, vanishing cultures, ancient traditions and modern society in an expressive, personal way.…
30 December 2023By Paschal Donohoe (President of the Eurogroup), Christine Lagarde (President of the European Central Bank), Roberta Metsola (President of the European Parliament), Charles Michel (President of the European Council) and Ursula von der Leyen (President of the European Commission)25 years ago, on 1 January 1999, the euro came…
Sometimes, political reporters without a background in business journalism make egregious errors in their coverage of the business exodus from Vladimir Putin’s Russia—and even fall for the strongman’s Potemkin Village-like economic façade. A recent article, entitled “How Putin Turned a Western Boycott Into a Bonanza”, wrongly suggested that the historic…
Mira is 27 years old and comes from India. She studied computer science at ETH Zurich and graduated with a master’s degree. She feels integrated in Switzerland and would like to work here after graduating. Because IT specialists are in demand, she has no trouble finding a suitable position. However,…
Sports have a unique ability to inspire, unite, and elevate individuals and communities. I am one of them. It’s not just something fun to watch; it inspires me beyond the competition. It’s not only a game; it’s like a language that touches my heart. Sports are where dreams come alive,…
How can your organisation best respond to an evolving workplace culture? This webinar, co-hosted by Q5 and Ceridian and inspired by Ceridian’s 2023 Pulse of Talent Survey, discusses some of the latest workforce insights around shifting employee needs and the increased importance of flexibility. In an era where the landscape…
Modern AI has allowed us to build the world’s first creative computers. Fields that once seemed uniquely human — like visual art, writing, music, or even the art of conversation — are now accessible to software in ways we couldn’t previously imagine. For many consumer AI apps, this is an…
Ever been in a situation where you just can’t get your message across? New research by Zakary Tormala and Mohamed Hussein suggests that you might want to rethink which pronouns you deploy. Tormala, a professor of marketing at Stanford GSB, and Hussein, a PhD candidate who studies the intersection between…
Robert Waalder founded Sourcing Champions in 2014 after parting ways with Philips. Since then, his consultancy has been making strides in the field of procurement transformation and strategy, with a significant focus on digitalization. Waalder discusses his firm’s work in this area and highlights crucial considerations for companies venturing into…
Actions tend to be judged based on some set of expectations, standards or thresholds. For example, managers may set sales targets that employees must achieve before getting a bonus; parents may establish ground rules that children need to abide by before rewarding or punishing them; and content moderators may let…
The argument for creating flatter organisations that contain fewer managerial and supervisory levels to open up lines of communication and increase collaboration is not a new one. Managerial layers affect how quickly decisions are made, how accountability and authority are distributed, and the sense of empowerment that employees feel. But…
18 December 2023By Friderike Kuik, Wolfgang Modery, Christiane Nickel and Miles ParkerThis is the sixth post in our series accompanying COP28.The ECB’s primary mandate is to maintain price stability. So why do we talk about climate change? In this post on The ECB Blog, we show how a hotter climate…
Navigating the Complexity of Atlassian Cloud Migration: A Strategic Approach with Elabor8 In the era of digital transformation, transitioning to the Atlassian Cloud is no longer optional—it’s a strategic necessity. As the Atlassian Migration draws closer, it is important to have a clear understanding of what that means for you. The…
“We’ve had a change, perhaps a permanent change, in the usage of space,” said Yale SOM’s Andrew Metrick. Swipe card data show about half as many people coming into offices as pre-pandemic. “There ain’t no way we’re going to keep the same amount of commercial real estate if that stays…
Every day is Sunday: why do so many lawyers put off the problem of retirement? vbois December 11, 2023
The article explores the opportunities in digital water space and the challenges in implementing digital water, for which they also provide their proposed solutions. They suggest PPP, mass awareness building and stakeholder training as the way forward to navigate this ecosystem. There is an opportunity to use smart metering and…
Kate Hawkins: I'm Kate Hawkins, a principal associate in the Intellectual Property team. I specialise in advertising and marketing law. I'll be talking through the basics of advertising regulation in the UK. All marketing communications must comply with UK advertising laws, codes and regulations. If a brand produces advertising that…
In this digital age, where every online transaction, interaction, and click leaves a data trail, the imperative for organizations to maintain robust data-privacy programs has never been clearer. This also has led to a myriad of new data-privacy laws and regulations all over the globe. While these new laws no…
12 December 2023By Ludivine Berret, Jean Boissinot, Marianna Caccavaio, Michael Grill, Paul Hiebert and Fabio TamburriniThis is the fifth post in our series accompanying COP28.Climate change can endanger financial stability. The ECB Blog looks at how a common macroprudential policy framework could complement microprudential initiatives to make the financial system…
Should we hold accountable companies that fail to meet their climate commitments? There is important research by Professor Kelly Shue that shows in some cases, investing in “brown firms”—or firms that are transitioning to lower emissions in greenhouse gas-intense sectors—has a greater benefit to the environment than investing in firms…
Imagine Thursday. Does Thursday have a color? What about the sound of rain — does that sound taste like chocolate? Or does the sound of a saxophone feel triangular to you? For about 3% of the population, the sharp lines between our senses blend together. Textures may have tastes, sounds, shapes,…
Americans aren’t good at managing their money — and there are signs that the problem is getting worse. Already saddled with record levels of student debt, young adults today, for example, are even more unlikely to monitor their credit card debt and bank balances. Some people trick themselves into thinking…
Last week a Private Members' Bill was introduced to the House of Lords which creates a new criminal offence of "ecocide". While Private Members' Bills rarely receive Royal Assent, because they are not sponsored by government ministers and therefore struggle for time, they frequently raise important issues of the day…