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Industry 'advisory board' appointed to enforce prompt payments to suppliers

Leading UK businesses have been appointed to enforce and raise awareness of the Prompt Payment Code, an industry-led initiative which aims to ensure that suppliers are paid on time and treated fairly. 30 Oct 2014

Payments security vastly improved by ‘tokenisation’ according to report

Developments around ‘tokenisation’ should help to “instil confidence in a payments environment challenged by more frequent data breaches” and fraud, according to a report released by the Federal Reserve Bank of Boston. 26 Sep 2014

Out-Law Guides

  • How to structure collaborative projects

    Organisations are increasingly looking to work in collaboration or partnership with third parties. This may be to achieve operational aims, such as a step change in service delivery, or to reduce costs or achieve efficiencies.

  • Using competitive tenders

    Many private sector organisations are using competitive tenders to procure goods and services or award significant contracts. Competitive tenders can be used to maintain a competitive edge and drive a better commercial deal.

  • Sanctions against Russia and Ukraine from 31 July 2014

    This guide outlines the sanctions imposed by the European Union from 31 July 2014 and the corresponding US sanctions. The sanctions are designed to discourage Russia from, in the words of the EU Regulation , "destabilising the situation in Ukraine".

  • Third party contracts and bank ring-fencing

    This is one of a  series of guides  on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, litigation and competition considerations.

  • Payment Surcharges Regulations

    This guide was last updated in March 2013.

  • Product liability for negligence

    This guide was last updated in August 2011.

More guides

Expertise in Commercial

We are here to develop and give effect to the legal arrangements needed to help you achieve your commercial objectives and manage business risk.

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