News & Views

As regulatory advisers, we’ve seen a recent flurry of enquiries for regulatory advice on damage waivers and the contractual drafting of them.

Running a club is not an easy job. With the senior members often having so many tasks to consider, it is easy to forget to occasionally take that step back and check that the overall operation of the club is still fit for purpose.

It is estimated that cybercrime cost the UK economy around £27 billion in 2022, rising to £30.5 billion in 2023 and expected to increase again in 2024. On a global scale, the figure is in the multi-trillions. So, it’s not surprising that legislators are looking at how best to tackle this problem - especially within the financial sector.

This article looks at the SRA’s Consumer Protection Review and its potential impact on regulated firms.

The application of artificial intelligence across all industries is growing exponentially, most notably in the sport sector.

On 24 May 2024, the Digital Markets, Competition and Consumers Act (DMCC) Bill received Royal Assent after a tough passage through the legislative process and it comes into effect later this year.

With the UEFA European Championship underway in Germany, the team at O’Connors has been looking at a different type of competition that’s making a big impact on football, and professional sports in general across Europe: competition law.

Liverpool and London-based law firm, O’Connors, has issued a warning to professional advisers arranging Warranty & Indemnity (W&I) insurance policies in the context of corporate transactions to pay close attention to policy wordings or risk leaving clients unprotected. The warning comes as significant claims are now coming in and policy wordings are being tested by the courts.

The UK government will shortly commence its long-awaited consultation into a UK captive insurance regime. For some time, the UK insurance industry has been calling for the government to promote the development of regulatory guidelines which will support the growth of UK-based captive insurance vehicles, following six years of steadily rising insurance premiums.

Applying for Community Amateur Sports Club (CASC) status is something that amateur sports clubs should consider when deciding upon the most suitable legal structure for the club. In this article, we explore what CASC status is, who is eligible to apply for it, how to apply for it and the main benefits of it.