http://www.mondaq.com Mondaq Business Briefing provides global coverage of all legal analysis from reputable firms, en-us Copyright 2010 Mondaq.com 60 http://www.mondaq.com/article.asp?articleid=95270&rss=0 In October or November the FSA conducts an annual consultation on proposed changes to the underlying policy for FSA fees charged to authorised persons and on levies due to the Financial Ombudsman Service and Financial Services Compensation Scheme. 12 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95566&rss=0 The two recent high-profile cases involving successful claims by Kevin Keegan and Alan Curbishley shone a small patch of the sporting media spotlight on employment law. 12 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95570&rss=0 Almost 15 years after the Landlord & Tenant (Covenants) Act 1995 (1995 Act) was enacted, the High Court in Good Harvest Partnership LLP v Centaur Services Limited [2010] have finally decided that the 1995 Act prevents a guarantor of a tenant's obligations from being required to give a further direct guarantee in respect of an assignee of the lease. 12 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95704&rss=0 A revised model shared ownership lease has been created by the Homes and Communities Agency (HCA) to provide clarity to buyers and lenders alike. 12 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95720&rss=0 On 10 March 2010, the government released information dealing with superannuation funds which borrow money or invest in instalment warrants. 12 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=90942&rss=0 If the transient bout of economic recession is kept aside, yester years witnessed huge growth in the financial sector of the UAE. This inspired a big chunk of expatriate population to relocate to the UAE both for employment and investment. 11 Mar 2010 11:46:12 GMT http://www.mondaq.com/article.asp?articleid=92092&rss=0 On 14 December 2009, UAE’s stock market shot up in excess of 10% following the announcement of the due repayment of $ 4.1 billion to the Sukuk holders of Nakheel Development Limited following a $ 10 billion support payment from Abu Dhabi to the Government of Dubai. 11 Mar 2010 11:43:33 GMT http://www.mondaq.com/article.asp?articleid=94774&rss=0 California Labor Code section 233 states that employers providing employees with paid sick leave must allow employees to use, in any calendar year, the amount of sick leave that would be accrued during six months at the employees' then-current rate of entitlement, for care of an ill child, parent, spouse or domestic partner. 11 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=94776&rss=0 Social networking, via sites like Facebook and Twitter, is the current big thing. Indeed, the popularity of such sites has caused nouns like the word "friend" to become verbs in the new social networking vocabulary. But is all well and good in the social networking universe? 11 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=94794&rss=0 A recent study relating to data security breaches in the United States shows that total per-incident costs are substantial. The average total per-incident costs in 2009 were $6.75 million, comprised of an average cost of $204 per customer with a jeopardized record. 11 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=95604&rss=0 The Joseph Rowntree Foundation has urged the Government to improve workers’ rights in order to help tackle poverty in the UK. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95608&rss=0 U.S. legislation seeking substantially to broaden the Iran Sanctions Act of 1996 could have huge repercussions for the trade of refined petroleum products to Iran for both U.S. and non-U.S. owners, charterers, and insurers. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95624&rss=0 With less than a year to go until the changeover to International Financial Reporting Standards ("IFRS") as the basis for the preparation of financial statements by Canadian public issuers, it is important for issuers to review their current progress towards IFRS conversion and their disclosure about the IFRS transition process, particularly as they are finalizing their 2009 annual MD&A. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95640&rss=0 The Mental Health Parity and Addiction Equity Act (MHPAEA), passed by Congress in 2008, significantly altered the rules for group health plans (GHPs) providing mental health or substance abuse disorder benefits (the Covered Benefits). 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95648&rss=0 The Indiana General Assembly yesterday passed the Emergency Powers and Parking Lots Bill, otherwise known as the "Bring Your Gun to Work" Bill. The bill now goes to Governor Mitch Daniels for signing. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95650&rss=0 Over the course of six years, Robert Chavez, a Los Angeles Police Department officer, and his wife filed multiple lawsuits against the LAPD and other members of the LAPD, alleging a variety of claims involving discrimination, harassment and retaliation. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95654&rss=0 Amendments to the Michigan Clean Indoor Air Act (Act) go into effect on May 1, 2010. Although most know that the changes prohibit smoking in bars, restaurants, and public places, the Act also limits smoking in all public and private workplaces. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95656&rss=0 The March applicable federal rate ("AFR") for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 3.2%. The rate for use with a sale to a defective grantor trust, SCIN or intra-family loan, with a note of a 9-year duration (the mid-term rate, compounded annually), is 2.69%. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95658&rss=0 When the House of Commons re-opens on March 3, 2010, Bill C-300 (the Corporate Accountability of Mining, Oil and Gas Corporations in Developing Countries Act) will be back in front of the Standing Committee on Foreign Affairs and International Development for 60 days. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95662&rss=0 In a recent battle with its regulator, Advanta Bank (Bank), a bank subsidiary of Advanta Corp. (Advanta) that is regulated by the Federal Deposit Insurance Corporation (FDIC), won a victory over the agency, when a U.S. District Court ruled that the FDIC did not have the authority to issue a temporary cease and desist order (C&D) against the Bank. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95678&rss=0 The 2010 Canadian federal budget was delivered on March 4, 2010. The budget contains a number of interesting developments and implications for the Canadian structured finance market. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95690&rss=0 Section 26 of the Ontario "Human Rights Code" states that it is a " condition of every contract entered into by or on behalf of the Crown or any agency thereof and of every subcontract entered into in the performance thereof that " there be no discrimination in employment (as prohibited by section 5 of the Code) " in the course of performing the contract." 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95710&rss=0 The March 4, 2010 federal budget, Leading the Way on Jobs and Growth, contains a number of initiatives related to the financial sector. There are a few new (and not so new) structural proposals, such as facilitating the development of federal co-operative banking, instituting a review of the Canadian payments system and establishing a national securities regulator, but most of the initiatives relate to consumer protection. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95716&rss=0 The Canadian Securities Administrators ("CSA") released Staff Notice 31-315 on February 26, 2010. Since the coming into force of National Instrument 31-103 Registration Requirements and Exemptions (NI 31-103), the CSA have received applications requesting exemptions from certain provisions of the Instrument. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95718&rss=0 Freedom of information has been given an overhaul in NSW and the new access to government information regime is soon to commence. There’s a lot that’s the same about the new regime under the Government Information (Public Access) Act, and a bit that’s different. 11 Mar 2010 00:00:00 GMT