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23 October 2008
Issue: 7342 / Categories: Legislation
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Legislation round-up

Legislation news update

In force

27 Oct 2008

Legislation
Insurance Companies (Overseas Life Assurance Business) (Compliance) (Amendment) Regulations 2008 (SI 2008/2627)

Summary
Amend the Insurance Companies (Overseas Life Assurance Business) (Compliance) (Amendment) Regulations 1995 (SI 1995/3237) to update cross-references to primary legislation. Guidance on the changes will be incorporated in HMRC’s Life Assurance Manual and its OLAB Guidance Notes.

In force
31 Oct 2008

Legislation
Statutory Auditors and Third Country Auditors (Amendment) (No 2) Regulations 2008 (SI 2008/2639)

Summary
Amend the Statutory Auditors and Third Country Auditors Regulations 2007 (SI 2007/3494) (SATCAR) to give effect to Commission Dec 2008/627/EC of 29 July 2008, concerning a transitional period for audit activities of certain third country auditors and audit entities. That decision is made under Directive 2006/43/EC on statutory audits of annual accounts and consolidated accounts. They make provision in respect of “exempt third country auditors”: auditors from a list of third countries set out in the definition of “specified third country” in reg 2(2). If the Professional Oversight Board (POB) has directed that other provisions of SATCAR are not to apply to such auditors, the provisions in these amending regulations apply to them.

In force
3 Nov 2008

Legislation
Bail (Electronic Monitoring of Requirements) (Responsible Officer) Order 2008 (SI 2008/2713)

Summary
Specifies the persons responsible for the electronic monitoring of a person’s compliance with a requirement imposed as a condition of bail. Electronic monitoring requirement is imposed in respect of more than one bail condition which relates to different police areas.

Issue: 7342 / Categories: Legislation
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MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

NEWS
Talk of a reserved ‘Welsh seat’ on the Supreme Court is misplaced. In NLJ this week, Professor Graham Zellick KC explains that the Constitutional Reform Act treats ‘England and Wales’ as one jurisdiction, with no statutory Welsh slot
The government’s plan to curb jury trials has sparked ‘jury furore’. Writing in NLJ this week, David Locke, partner at Hill Dickinson, says the rationale is ‘grossly inadequate’
A year after the $1.5bn Bybit heist, crypto fraud is booming—but so is recovery. Writing in NLJ this week, Neil Holloway, founder and CEO of M2 Recovery, warns that scams hit at least $14bn in 2025, fuelled by ‘pig butchering’ cons and AI deepfakes
After Woodcock confirmed no general duty to warn, debate turns to the criminal law. Writing in NLJ this week, Charles Davey of The Barrister Group urges revival of misprision or a modern equivalent
Family courts are tightening control of expert evidence. Writing in NLJ this week, Dr Chris Pamplin says there is ‘no automatic right’ to call experts; attendance must be ‘necessary in the interests of justice’ under FPR Pt 25
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