In the Press Round-up

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In the Press Round-up

Browse our latest media coverage below.

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Arabian Gulf Business Insight quotes Paula Boast on the state of Saudi Arabia’s construction industry

Saudi Arabia’s construction industry is providing rich pickings for construction workers as companies are increasingly struggling to retain talent.

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Ciara Coyle writes for People Management on ways to ensure ‘invisible’ workers do not go unrecognised

Ciara Coyle, Trainee Solicitor, writes a piece for People Management on how businesses can identify and reward employees who perform under-the-radar tasks.

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New Law Journal quotes Michael Powner on the landmark judgment on underpaid holiday claims

The landmark judgment, Chief Constable of the Police Service of Northern Ireland v Agnew [2023] UKSC 33, means thousands of police staff in Northern Ireland can claim up to 35 years' worth of miscalculated holiday pay.

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Jamie Cartwright writes for FoodBev Media on 'greedflation'

The term ‘greedflation’ can indeed be provocative and create eye-catching headlines, but it also risks oversimplification.

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Banking Risk & Regulation quotes William Garner on crypto and custody

JP Morgan Chase’s decision to ban its UK retail clients from using their accounts to purchase crypto assets has provoked scorn from supporters of the asset class.

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The Financial Conduct Authority (FCA) is set to kick off a review of private market valuations amid a rising interest rate environment and an economic downturn that is putting pressure on private equity firms and their portfolio companies. Nathan Lightman, Senior Associate, comments for Financial News: Historically, the FCA hasn’t looked too closely at private company valuations, but with interest rates rising, and debt becoming more expensive, that looks set to change. Fund managers which hold off-market assets will need to have robust valuation processes in place, to avoid the embarrassment of any FCA interventions where it doesn’t think processes are good enough. The usual practice of valuations on a quarterly basis may no longer be sufficient – watch this space! Related coverage: The Drawdown, IPE

Financial News quotes Nathan Lightman on the upcoming FCA review of private market valuations

The FCA is set to kick off a review of private market valuations amid a rising interest rate environment and an economic downturn that is putting pressure on private equity firms and their portfolio companies.

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Gareth Mills and John Olatunji write for African Law & Business on Nigeria's new ADR landscape

The National Assembly of the Federal Republic of Nigeria delivered on its commitment to revamp the legal framework for resolving commercial disputes by arbitration and mediation in Nigeria, by replacing the Arbitration and Conciliation Act 1998 with a new regime.

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Lia Renna writes for Startups Magazine on proposed mandatory diversity policies in the venture capital industry

"... these proposals, if implemented, present a huge opportunity for businesses with female and ethnic minority founders, and also those outside of London."

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