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EU Securitisation Regulation—timeline

EU Securitisation Regulation—timeline This timeline shows key developments relating to Regulation (EU) 2017/2402 (the EU Securitisation Regulation) from January 2024 onwards. For earlier developments, see EU and UK Securitisation Regulations—timeline [Archived]. 2025 Date Source Document Description 1 April 2025 AFME The Joint Associations’ response to the ESMA consultation of February 2025 on the revision of the disclosure framework for private securitisation AFME, Commercial Real Estate Finance Council (CREFC) Europe and International Capital Market Association (ICMA) submitted a joint response to the European Securities and Markets Authority's (ESMA) consultation on revising private securitisation disclosure requirements. The joint response argues against: introducing a simplified reporting regime for EU-originated securitisations before wider reforms, citing concerns about potential changes to private securitisation definitions, continued template-based reporting requirements, and unresolved third-country reporting issues. They propose an alternative approach focusing on supervisory reporting needs while allowing more flexible investor disclosures.See: LNB News 01/04/2025 71. 31 March 2025 EBA Joint Committee Report on the implementation and functioning of the Securitisation Regulation (Article 44) The Joint Committee...

Ireland—Determining jurisdiction in civil litigation—checklist

Ireland—Determining jurisdiction in civil litigation—checklist This Checklist offers guidance on how to determine whether an Irish court has jurisdiction to deal with the specific civil dispute. In doing so, it considers provisions under Brussels I (recast), the Lugano Convention and the Hague Convention on Choice of Court Agreements. This Checklist provides an overview of jurisdiction in terms of considering whether the dispute should be dealt with in Ireland. For guidance on: • which specific court an action should be raised in, see Practice Note: Ireland—Starting a civil action • other issues to consider before bringing a civil claim in an Irish court and how to start and progress a civil claim in Ireland, see Practice Notes: Ireland—Starting a civil action and Ireland—Pre-action conduct, and in initiating and case managing a civil claim, Ireland—Progressing and managing a High Court civil claim respectively • other aspects of Irish civil litigation, see: Ireland—Alternative dispute resolution and settlement—overview which links through to detailed guidance on specific aspects of dispute resolution in Ireland This Checklist...

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Grant of probate/administration—flowchart

Grant of probate/administration—flowchart The following flowchart deals with the main steps in the administration of an estate from the time of first

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Disclosure—solicitors' obligations

Disclosure—solicitors' obligations This Practice Note identifies solicitors’ obligations in relation to disclosure to their client and the court. It also explains the need to preserve documents, provide the required disclosure and co-operate with the other side particularly in relation to electronic disclosure (e-disclosure). This Practice Note does not cover the provisions of the disclosure scheme operating in the Business and Property Courts. For guidance, see: Disclosure scheme—overview. Obligations Throughout the disclosure process you have obligations to your client, to the court and in accordance with other relevant provisions. These include, but are not limited to: • advising your client of the need to preserve documents—see further: Preservation of documents • ensuring your client complies with all relevant and applicable provisions and makes compliant disclosure—see further: Full disclosure • co-operating with the other side, specifically in relation to e-disclosure and/or where the claim is proceeding on the multi-track and does not involve a claim for personal injury—see further: Co-operating with the other side • a reasonable duty to manage...

GB Energy Labelling Regulation (EU) 2017/1369—snapshot

GB Energy Labelling Regulation (EU) 2017/1369—snapshot Title Assimilated Regulation (EU) 2017/1369 of the European Parliament and of the Council of 4 July 2017 setting a framework for energy labelling and repealing Directive 2010/30/EU (GB Energy Labelling Regulation) Entry into force 1 August 2017 Subject Energy labelling, energy efficiency of products In GB mandatory energy labelling is regulated by: • Assimilated Regulation (EU) 2017/1369 (the GB Energy Labelling Regulation) • Energy Information Regulations 2011 (EIR 2011) • Ecodesign for Energy-Related Products and Energy Information Regulations 2021, SI 2021/745 In-scope products have to comply with the information and labelling requirements contained therein. The EU Energy Labelling Regulation (Regulation (EU) 2017/1369) continues to apply in Northern Ireland post-Brexit. For more on the position in Northern Ireland, see Practice Note: What does the Northern Ireland Protocol (Windsor Framework) mean for the application of environmental law? DESNZ and the Office for Product Safety and Standards have produced guidance on energy information for suppliers and dealers setting out the different requirements...

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Application—amendment to claim or response

Application—amendment to claim or response [Insert date] [Insert] Employment Tribunal [insert address] To the [insert] Employment Tribunal [Insert case name] Case No: [Insert case number] Application under Rule 31(1) to amend the [Claim OR Response] We act for the [ Claimant OR Respondent] in the above matter. We wish to apply pursuant to Rule 31(1) for an order that we be permitted to amend the [Claim OR Response] in the form of the attached draft, as follows: [insert details, eg to include an additional paragraph 10A to read ‘The Claimant also contends that her dismissal amounts to direct sex discrimination under sections 13 and 39 of the Equality Act 2010’.] [We request that a hearing is listed to consider the details of this application. OR We request that this application is determined on the basis of written representations only so as to avoid the need for the parties to attend a hearing and incur the additional associated costs.] Our reasons for applying for...

Application—reconsideration of rejection of response

Application—reconsideration of rejection of response [Insert date] [insert] Employment Tribunal [insert address] To the [insert] Employment Tribunal [Insert case name] Case No: [Insert case number] Application under Rule 20(1) We act for the Respondent in the above matter. We wish to make an application pursuant to Rule 20(1) for a reconsideration of the decision to reject the Respondent’s response. The response was rejected because [it was not made on a prescribed form OR it did not contain the Respondent’s [full name OR address] OR it did not state whether the Respondent wished to resist any part of the claim.] [We are now able to rectify the defect [insert information]. OR We attach the prescribed form. OR In fact, the details were provided

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Where can I find information relating to FCA perimeter issues?

Where can I find information relating to FCA perimeter issues? The FCA's Perimeter Guidance manual (PERG) provides guidance about the circumstances in which authorisation is required, or exempt person status is available, including guidance on the activities which are regulated under the Financial Services and Markets Act 2000 (the Act) and the exclusions which are available. Application of the Perimeter Guidance manual (PERG) PERG applies to: • a person who is considering carrying on activities in the United Kingdom which may fall within the scope of the Act and is seeking guidance on whether he/she needs to be an authorised person • a person who seeks to become an authorised person under the Act and who is, or is considering, applying for Part 4A permission to carry on regulated activities in the United Kingdom • a person who is seeking guidance on whether any communication he/she may be seeking to make or cause to be made will be a financial promotion and be subject to the restriction...

To what extent do the The Unfair Contract Terms in Consumer Contracts Regulations 1999, SI 1999/2083 and Part 2 of The Consumer Rights Act 2015, apply to assured shorthold tenancies?

To what extent do the The Unfair Contract Terms in Consumer Contracts Regulations 1999, SI 1999/2083 and Part 2 of The Consumer Rights Act 2015, apply to assured shorthold tenancies? The Unfair Contract Terms in Consumer Contracts Regulations 1999, SI 1999/2083 (UTCCR 1999, SI 1999/2083) apply to assured shorthold tenancies created before 1 October 2015. Part 2 of the Consumer Rights Act 2015 (CRA 2015), (CRA 2015, ss 61 to 76) applies to assured shorthold tenancies created on or after that date. Before repeal, UTCCR 1999, SI 1999/2083 operated to strike down contract terms which were more generally ‘unfair’ as between the contracting parties; their application to property contracts was confirmed in Khatun. UTCCR 1999, SI 1999/2083 were relevant in the context

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Lord Reed's speech on trust in the courts in a populist age

Lord Reed, President of the UK Supreme Court, gave an important speech last week about the challenges facing courts in an era of populism. He said the court needs to deploy ‘judicial statecraft’ to build trust and withstand tensions and suggested that some 'ambitious' apex court judgments in the past had been damaging. He made these comments in the Peter Taylor Memorial Address on 12 June 2025.

A win of £1.9m in a longstanding SDLT dispute (Candy v HMRC)

Private Client analysis: The First-tier Tribunal (Tax) (FTT) ruled in the taxpayer’s favour, deciding that Mr. Candy did have four years to lodge the claim for a tax refund. This, in turn, meant that Mr Candy was entitled to receive a £1.92m stamp duty refund after almost a ten-year dispute with HMRC. The decision is likely to benefit taxpayers in stamp duty land tax (SDLT) disputes overpayments, and it provides for a broader interpretation and application of paragraph 34 of Schedule 10 to the Finance Act 2003. Written by Shanzé Shah at Old Square Tax Chambers.