Business Interruption Insurance – an overview and FCA guidance

The widespread disruption and closure of businesses caused by the Covid-19 pandemic and the subsequent national and local lockdowns since March 2020 has brought into sharp focus the question of available insurance cover for losses under business interruption (‘BI’) insurance policies and the extent of that cover.

Related briefings

Employee ownership: A Q&A with Aardman Animations

In this employee ownership Q&A series, we will be talking to former business owners about their experience of converting to employee-owned businesses, and what this has meant for workers, their mission, and their impact in their local community.

Affordable housing connectivity

In this series of sessions we look at the importance of connectivity in the context of new developments and touch on some of the key issues that social housing providers need to consider.

Now we have Earth Day pledges, we must mobilise green finance

This year’s Earth Day was cause for optimism in our fight against the climate emergency. With climate change now well and truly upon us, Earth Day 2021 saw the most significant renewal of pledges to tackle the crisis by national governments since the Paris Agreement of 2015.

Reducing conduct risk in LIBOR transition

As we progress through Q2 of 2021, the 6 month countdown for firms to have completed their LIBOR transition programmes in accordance with timetable set out by the Working Group on Sterling Risk Free Reference Rates has commenced. As part of that, some firms are still grappling with many of the technical aspects of the transition to Risk Free Rates (RFRs) with, for instance, clarity still awaited on how the FCA will exercise its powers under the Financial Services Bill. That uncertainty may also have led some to delay the implementation of their communications strategy with their customers.

Latest Briefings

New changes impacting the leasing legislation

Law no. 83/2021 amending and supplementing Government Ordinance no. 51/1997 on the leasing operations and the leasing companies was published on April 16, 2021 in the Official Gazette no. 401, Part I. Importantly, the provisions of Law no. 83/2021 may only be applied for leasing agreements concluded after its entry into force.

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