There appear to me to be absolute inaccuracy in their characterisation of the Labour proposed code of conduct which I will detail below. Essentially their one specific claim of what is acceptable is clearly and specifically forbidden in the Labour rules.
Short version is that the case against Corbyn and Labour regarding these definitions seems at least exaggerated and incorrect statements are made about specific examples casting doubt on the overall thrust. I do believe that there is a genuine problem to clear up in the Labour party but with such inaccuracies in reporting of basic facts it becomes harder to accept the extraordinary claims made without appropriate supporting information or evidence. This isn't to say that there might not be some room for improvement but the current document definitely doesn't seem to be something that should be triggering the level of outrage that it is unless people haven't read it and are basing their opinions on what they read in the inflammatory press.
I'm not in a good position to judge the general situation and would generally place a lot of trust in those media organisations better placed but when the factual details I can check are so wrong it makes it harder to trust them for the big picture and whether there really is a problem with the code and what it really won't catch. I also fully accept that there is antisemitism in Labour and want it to have strong and robust rules and practice to deal with it, this is purely about the best mechanism to do that and whether the criticism of the leadership is fair and valid; if I felt it was I would be having to change position on certain things but for the following reasons I still believe that the criticism of the leadership is overblown and exaggerated.