<p>Filter Knowledge</p>

Welcome to the seventh edition of our quarterly disputes newsletter, which covers key developments in the dispute resolution world over the last three months or so.

The ICO's recent fine of over £7.5m issued against Clearview AI Inc (Clearview) for using images of UK citizens scraped from the internet as part of Clearview's global online database is one of the largest that the ICO has issued to date. But it is considerably less than the £17m fine announced by the ICO in its provisional decision in November 2021.

Glencore has indicated that it will plead guilty to seven counts of bribery in connection with its oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria, and South Sudan. The Serious Fraud Office opened its investigation into Glencore's activities in 2019 and alleges that the commodities giant approved the payment of over $25m in bribes for preferential access to oil.

Travelling. Seamlessly. podcast series

Travers Smith LLP has advised Nuffield Health on a new five-year partnership with The Football Association (The FA) to become the football governing body's 'Official Health and Wellbeing Partner'.

In the eighth and final episode of the series, Senior Associate Michael Ross considers the impact of Brexit on contracts. 

Welcome to our series of podcasts focusing on international employment law.

On 25 May 2022, the European Commission (Commission) issued its response to the  European Supervisory Authorities' (ESAs) questions on the interpretation of the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation (Taxonomy Regulation) of 13 May 2022.  

Commercial & Technology partner, James Longster, shines a light on some of the relevant and most pressing developments in the tech sector. This series comprises of 6 episodes, which are available as both

Tech. Spotlight. - Episode 6 - Balancing free speech and online safety

Travers Smith LLP is delighted to announce the winners of its 2021/22 CSR Art Awards. Set up in 2015, the firm's CSR Art Programme supports graduate artists from the University of Westminster and the Royal College of Art (RCA), with the transition from student life to professional practice. 

Funds Partner Will Normand recently joined a panel discussion at the London Stock Exchange's Annual Investment Funds Conference to discuss the landscape for listed funds in 2022/2023.

The Queen's speech delivered on 10 May 2022 announced the intention of strengthening the protection and support for victims of human trafficking and modern slavery as well as increasing the accountability of organisations in driving out modern slavery from their supply chains through the implementation of a Modern Slavery Bill (the "MSA Bill").

A regular briefing for the alternative asset management industry. 

The European Parliament has issued its draft report (Report) on the European Commission's proposals to amend the existing Alternative Investment Fund Managers Directive (AIFMD II). The Report forms part of the legislative process and includes the European Parliament's suggested amendments to the draft directive issued by the European Commission in November 2021. The draft directive proposed a number of changes to the Alternative Investment Fund Managers Directive, largely in respect of delegation, loan origination, liquidity risk management, data reporting and depositaries and it is those areas which are the main focus of the Report. 

INvolve, a global consultancy championing diversity and inclusion in business, has unveiled the Empower Role Model Lists 2022.

A party that is not satisfied with an award made by an arbitration tribunal may, in certain circumstances, seek to challenge it before the courts. The Arbitration Act 1996 ("the Act"), which applies to arbitrations which have their seat in England and Wales or Northern Ireland, provides several such avenues for review by the courts.

On 13 May 2022, the European Supervisory Authorities (ESAs) submitted a number of questions to the European Commission relating to the interpretation of the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation (Taxonomy Regulation). Separately, the ESAs have also been asked by the European Commission for their input on possible amendments to the SFDR Delegated Regulation.

Travers Smith LLP acted for the Claimants in these proceedings.

"Fraud on a grand scale; or relentless witch-hunt?": these were the first eight words of Mr Justice Hildyard's mammoth (almost 1,700 page) judgment in the high profile fraud claim brought by various Hewlett-Packard group companies (the "Claimants") against Dr Michael Lynch (the founder and former CEO of Autonomy Corporation Plc ("Autonomy")) and Mr Sushovan Hussain (the former CFO of Autonomy) following a 93 day trial which Hildyard J said "may rank amongst the longest and most complex in English legal history".