Nominated date meaning

Gluck v Endzweig and another [2026] EWCA Civ 145 What are the practical implications of this case? This ruling is of immediate relevance to practitioners who draft or advise on arbitration clauses, especially where the nominated forum lies beyond the mainstream of institutional commercial arbitration. A Beth Din, a Sharia panel, or an analogous body may assume an ongoing pastoral or faith-based mandate to revisit its decisions—an assumption that directly clashes with the AA 1996 enforcement architecture. Parties seeking to refer disputes to such forums while still preserving the capacity to enforce any award must recognise that these aims are not invariably compatible. Any contractual power to correct or supplement should be time-limited: AA 1996, s 57(4) offers a sound template, allowing correction within twenty-eight days of the award date, or within any longer period the parties may agree. The court’s method of analysis also matters. Finality did not flow from AA 1996, s 58 (a non-mandatory provision) but from the essential legal character of an arbitration agreement. In...

Risk & Compliance weekly highlights—20 June 2024 In this issue: Risk & Compliance forecast Data protection Financial sanctions AML, CTF & counter-proliferation financing Other financial crime Question of the week Daily and weekly news alerts Trackers New and updated content Risk & Compliance forecast New Risk & Compliance forecast as at 18 June 2024 Our latest Risk & Compliance forecast, dated 18 June 2024, is now live and available. In this month’s update, we cover: (1) the forthcoming FATF review of the UK’s efforts to combat money laundering, terrorist funding and proliferation financing; (2) changes to the AML supervisory framework; (3) a fresh SRA consultation, including proposals to increase compensation fund contributions; and (4) the Council of the EU’s formal adoption of the Corporate Sustainability Due Diligence Directive (CSDDD). See News Analysis: New Risk & Compliance forecast as at 18 June 2024...

ARCHIVED: This archived Practice Note outlines and summarises the data protection regime in place before 25 May 2018 and describes the position under the Data Protection Act 1998 (DPA 1998). It is supplied for background purposes only and therefore is not kept up to date. The Note deals specifically with the DPA 1998’s applicability and territorial reach. When assessing whether the DPA 1998 applies, consider the following key points: the nature of the data being processed—the DPA 1998 strictly applies only to processing of personal data; other information (eg statistical material or data that does not relate to an identifiable person) is outside scope where the data controller is established—the DPA 1998 applies only to data controllers established in the UK who process personal data in the context of that establishment...

ARCHIVED: This Practice note, now archived, offers guidance on the remittance basis charge (RBC). It sets out in detail what counts as a long-term resident before and after 6 April 2017, and looks at how the RBC is paid and reclaimed. It further covers nominating income and gains, the remittance of nominated income and gains, together with the applicable ordering rules. STOP PRESS: Abolition of non-dom regime and introduction of residence-based IHT regime Finance Act 2025 (FA 2025), which secured Royal Assent on 20 March 2025, enacts legislation to abolish the remittance basis of taxation and introduces a residence-based regime beginning on 6 April 2025, with effect from that date. FA 2025 also makes residence the key determinant of liability to inheritance tax, displacing domicile as the primary factor. Further measures include amending the rules for excluded property status, removing protected settlement status for offshore trusts, and revising overseas workday relief provisions. For further information on these reforms, see Practice Notes: The abolition of the remittance basis...

This Practice Note is designed for commercial organisations within scope of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692, as amended. It explains the obligation to appoint a board-level (or equivalent) individual to oversee compliance with the MLR 2017, commonly called the money laundering compliance officer (MLCO) or board-level person. It mirrors the requirements of the MLR 2017 and offers suggestions on good practice; however, you should check whether your organisation’s AML supervisory authority sets any extra conditions or limitations. Law firms regulated by the SRA should consult Practice Note: -law firms. Appointment is not universal. Sole traders are not required to appoint an MLCO. Other entities are only required where both of the following apply: they fall within the MLR 2017, and it is appropriate to appoint an individual, taking into account the size and nature of the business See section: Is it compulsory to appoint an MLCO? What is...

1 Introduction This role description and profile concerns the combined post of Deputy Money Laundering Compliance Officer (MLCO) and Deputy nominated officer (nominated officer). Any references to MLR 2017 relate to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692, as amended. 2 MLCO/nominated officer role holder details Firm name [ Insert firm name ] Name of Deputy MLCO/nominated officer [ Insert name ] Reports to: MLCO/nominated officer [ Insert name of MLCO/nominated officer ] Working pattern ☐ Full time ☐ Part time Details of any additional positions within the firm [ Insert details ] Date of appointment by the firm [ Insert date ] 3 Role summary 3.1 Serve as deputy to the firm’s MLCO/nominated officer...

[ Printed on the reporting accountant’s letterhead ] The Directors [ Enter name and address of issuer ] and [ Enter name and address of nominated adviser ] [ Enter date ] Dear [ enter text ] [ Enter name of issuer ] (the Company): Application for admission to AIM — Financial Reporting Procedures We refer...

1 Nominated officer details Organisation name: [ Insert name ] Name of nominated officer: [ Insert name ] Reports to: [ Insert name ] Full time/part time: ☐ Full-time ☐ Part-time Details of any additional positions within the organisation: [ Insert details ] Date appointed by the organisation: [ Insert date ] 2 Role summary Serve as the nominated officer, designated in line with the Money Laundering Regulations 2017 (MLR 2017) for [ name of organisation ]. Receive and assess internal suspicious activity reports (SARs), and judge whether they amount to knowledge or suspicion (or reasonable grounds for either) that someone is involved in money laundering, terrorist financing, or proliferation financing. Determine if a disclosure should be made to the National Crime Agency (NCA), submit external SARs when required, and act as the primary point of liaison with the NCA. ...