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SEC final rule on reporting material cybersecurity incidents
In July 2023, the US Securities and Exchange Commission (SEC) finalized its rule requiring public companies to disclose material cybersecurity incidents under Item 1.05 of Form 8-K. Though materiality is not a…
Co-authored by candidate attorney, Katelyn-mae Carter
On 26 March 2024, the Supreme Court for England and Wales reviewed the legal principles applicable in assessing damages in mixed injury claims in terms of English law.
The two claims arose in the…
On 30 May 2024, the Council of the EU announced that it has adopted the Directive updating the Capital Requirements Directive as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks (CRD VI) and the Regulation updating…
On 30 May 2024, the Council of the EU announced that it has adopted a package of new anti-money laundering (AML) rules aimed at protecting EU citizens and the EU’s financial system against money laundering and the financing of terrorism.…
On 30 May 2024, four Commission Delegated Regulations supplementing the Regulation on markets in cryptoassets (MiCAR) were published in the Official Journal of the EU.
The Delegated Regulations supplement MiCAR in relation to the following topics:
…
On 30 May 2024, the European Securities and Markets Authority (ESMA) issued a statement providing initial guidance for firms that use artificial intelligence (AI) technologies when providing investment services to retail clients.
ESMA states that, when using AI, it expects…
On 30 May 2024, the Single Resolution Board (SRB) published its Multi-Annual Plan 2024-2028, setting out its priorities and activities over the next five years based on the Single Resolution Mechanism (SRM) Vision 2028 strategy, as well as the SRB’s core…
On 30 May 2024, two Commission Delegated Regulations supplementing the Regulation on digital operational resilience for the financial sector (DORA) were published in the Official Journal of the EU.
The Delegated Regulations supplement DORA in relation to the following topics:…
This blog was co-authored by candidate attorney, Thabo Kolele
In a March 2024 judgment (https://www.saflii.org/za/cases/ZAFSHC/2024/66.html), the High Court decided that the defendant had breached its legal duty owed to the claimant in failing to dispatch an ambulance to…
The High Court has found that a towing company’s lien could be substituted by adequate security provided by an insurer.
The dispute between the parties related to the release of a motor vehicle which was insured by the insurer, the…
