Macfarlanes

October 31, 2018

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Brexit: clarity on clearing?

The Financial Times explores the chink of light apparently provided by Valdis Dombrovskis (the European Commissioner responsible for...

Brexit: clarity on clearing? featured image

Ashley Greenbank

October 31, 2018

0 0 8

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Intangibles taxation - radical reform v cautious amendment: caution wins

Back in February, the Government published a wide-ranging consultation paper canvassing possible reforms of the regimes under which...

Intangibles taxation - radical reform v cautious amendment: caution wins featured image

Jonathan Pratt

October 30, 2018

0 0 44

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Three Rivers strikes again – emails between in-house lawyer and employee held not to be privileged

In the recent case of Glaxo Wellcome UK Ltd (t/a Allen & Hanburys) v Sandoz Ltd [2018] EWHC 2747 (Ch), the Court held that an...

Neill Blundell, Max Hobbs

October 30, 2018

0 0 13

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

FATF updates its guidance on high-risk money laundering jurisdictions

Firms that are subject to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017...

FATF updates its guidance on high-risk money laundering jurisdictions featured image

Rhiannon Kinghall Were

October 30, 2018

0 0 14

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

The quiet but not shy overseas intangibles tax

The new digital services tax (DST) has stolen many of the headlines the morning after the Budget. The unassumingly titled "offshore...

The quiet but not shy overseas intangibles tax featured image

Alexandra Green

October 30, 2018

0 0 1

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Brexit pragmatism

A welcome breath of Brexit pragmatism, in the interests of business and its customers, from Andrew Bailey at the City Banquet, Mansion...

Ceinwen Rees, Alex Ereira

October 29, 2018

0 0 55

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Entrepreneurs' relief: limited edition golden ticket

Readers (or watchers) of Roald Dahl's Charlie and the Chocolate Factory will know that often when something is particularly novel and...

Entrepreneurs' relief: limited edition golden ticket featured image

Lewin Higgins-Green

October 29, 2018

0 0 16

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Widened eligibility for special short term business visitor reporting

Buried, a little, within the detail of the 2018 Budget will come some positive news for employers with short term business visitors...

Widened eligibility for special short term business visitor reporting featured image

Ceinwen Rees

October 29, 2018

0 0 20

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

....and breathe. A moment's pause in UK tax reform for the investment management industry

Tax changes have come hard and fast to the investment management industry in recent Budgets. The Chancellor has hit the pause button in...

....and breathe. A moment's pause in UK tax reform for the investment management industry featured image

Gregory Price

October 29, 2018

0 0 27

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Budget 2018: how ambitious is the new UK tech tax?

The Chancellor surprised many by announcing in his Budget speech that the UK will press ahead with its own tax on digital services,...

Budget 2018: how ambitious is the new UK tech tax? featured image

Neill Blundell, Max Hobbs

October 29, 2018

0 0 45

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Suspicious Activity Reports - still a defence, but possibly a weakness

A person (more usually, a company) may defend itself against committing a money laundering offence by submitting a Suspicious Activity...

Suspicious Activity Reports - still a defence, but possibly a weakness featured image

Ashley Greenbank

October 26, 2018

0 0 11

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Expecting a boring Budget...?

A Monday in October is a very odd day to choose for a Budget. But the timing of Monday's Budget is important - and not just because it...

Expecting a boring Budget...? featured image

Jennifer Smithson

October 26, 2018

0 0 7

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

UK and offshore trustees should plan now for the extension of the Trust Registration Service in 2020

In 2017, HMRC launched the Trust Registration Service as a result of the record keeping and disclosure obligations introduced by the UK’s...

UK and offshore trustees should plan now for the extension of the Trust Registration Service in 2020 featured image

Tania Barnes

October 25, 2018

0 0 19

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

How valuable is your building's data?

The autumn edition of Urban Land by the ULI focused on "Big Data" and research conducted by Mckinsey & Co offers some compelling...

How valuable is your building's data? featured image

Ceinwen Rees

October 25, 2018

0 0 20

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

101 ways to stop your tax return pecking away at your carry

Yesterday HMRC launched its latest advertising campaign, alerting people that they shouldn’t let the thought of doing their tax return...

101 ways to stop your tax return pecking away at your carry featured image

Lewin Higgins-Green

October 25, 2018

0 0 14

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

The employment allowance - enabling job creation, or simply free money?

As predictions continue to be made about how the UK Chancellor will fund the announced "end of austerity" (predictions which include...

The employment allowance - enabling job creation, or simply free money? featured image

Fiona Bishop

October 24, 2018

0 0 3

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Construction and the risk of modern slavery

The picture of modern slavery in the UK construction industry is “… uncomfortable to say the least…” according to a recent CIOB...

Construction and the risk of modern slavery featured image

Neill Blundell, Max Hobbs

October 22, 2018

0 0 13

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Price fixing is a criminal offence - a reminder from the CMA

The UK's Competition and Markets Authority (CMA) has been conducting market research on businesses as part of a campaign to encourage...

Price fixing is a criminal offence - a reminder from the CMA featured image

Paul Ellison

October 22, 2018

0 0 15

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

FCA emphasises interest in non-financial misconduct in firms

The FCA published a letter on 16 October from its Executive Director of Supervision, Megan Butler, addressed to Maria Miller MP who...

FCA emphasises interest in non-financial misconduct in firms featured image

Tom Marsom

October 18, 2018

0 0 34

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

The UK's Home Office expands the EU Settlement Scheme pilot and doubles the Health Surcharge

In line with its regular half yearly schedule, the Home Office has published some changes to the Immigration Rules (the Rules) and...

The UK's Home Office expands the EU Settlement Scheme pilot and doubles the Health Surcharge featured image

Paul Ellison

October 17, 2018

0 0 1

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Concerns rise over the implications of a no-deal Brexit for clearing

The Financial Times reports that European banks are increasingly concerned about the prospect of a no-deal Brexit as it threatens to...

Concerns rise over the implications of a no-deal Brexit for clearing featured image

Mark Lawrence

October 17, 2018

0 0 14

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Awaiting the Construction Industry's Digital Revolution

A new report by the Construction Industry Training Board (CITB) has warned that the construction industry risks being marginalised and...

Awaiting the Construction Industry's Digital Revolution featured image

Paul Ellison

October 16, 2018

0 0 23

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

1,300 companies to sign up to the temporary permissions regime

The Financial Times reports that 1,300 incoming EU firms and funds are willing to sign up to the FCA’s proposed temporary permissions...

Rob Collard

October 16, 2018

0 0 4

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

More about employee share ownership

John McDonnell, the shadow chancellor, has indicated in an interview with the Financial Times that Labour's inclusive ownership fund...

More about employee share ownership featured image

Neill Blundell, Max Hobbs

October 16, 2018

0 0 26

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

New European directive on money laundering: a new dawn for cross-border enforcement?

The European Union has adopted a new directive to combat money laundering using criminal law sanctions. This is intended to reinforce and...

New European directive on money laundering: a new dawn for cross-border enforcement? featured image

Gregory Price

October 12, 2018

0 0 17

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Three observations on the UK’s first post-MLI tax treaty

HMRC and the tax authority of Slovenia have jointly published a revised version of the UK / Slovenia double tax treaty, to include all of...

Ceinwen Rees

October 11, 2018

0 0 54

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

A cunning tax plan for investment managers (it’s not what you think)

“Is your plan as cunning as a fox who’s just been appointed Professor of Cunning at Oxford University?” (Captain Blackadder). A year on...

A cunning tax plan for investment managers (it’s not what you think) featured image

Macfarlanes

October 11, 2018

0 0 3

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Statements of Responsibilities and Responsibility Maps: FCA consults on guidance

Today, the FCA has published a guidance consultation, "Senior Managers and Certification Regime: Proposed guidance on statements of...

Statements of Responsibilities and Responsibility Maps: FCA consults on guidance featured image

Stephen Robinson

October 10, 2018

0 0 50

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Government releases draft post-Brexit AIFMD and UCITS rules

As part of its contingency plans for a no-deal Brexit, the Government has published draft regulations relating to what it terms the...

Government releases draft post-Brexit AIFMD and UCITS rules featured image

Neill Blundell, Max Hobbs

October 10, 2018

0 0 36

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Target of the UK's first Unexplained Wealth Order revealed

The identity of the target of the UK's first Unexplained Wealth Order (UWO) has been revealed as Zamira Hajiyeva - the wife of a former...

Target of the UK's first Unexplained Wealth Order revealed featured image

Macfarlanes

October 9, 2018

0 0 1

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

FCA proposals impact NURSs investing in illiquid assets

The FCA has published a consultation paper (CP) on illiquid assets and open-ended funds (CP18/27). Illiquid assets are those which...

FCA proposals impact NURSs investing in illiquid assets featured image

Tom Marsom

October 8, 2018

0 0 26

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

The Government shines some light on the future of UK immigration

At the recent Conservative Party conference, the UK Government has indicated in which direction they are planning to take the future of...

The Government shines some light on the future of UK immigration featured image

Macfarlanes

October 5, 2018

0 0 15

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

ESMA proposes changes to MiFID II / MiFIR third country firms' regime

In a recent letter to the European Commission (the Commission), the European Securities and Markets Authority (ESMA) suggests changes to...

ESMA proposes changes to MiFID II / MiFIR third country firms' regime featured image

Neill Blundell, Max Hobbs

October 4, 2018

0 0 23

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

NCA wins test case over its use of Unexplained Wealth Orders

New powers to impose Unexplained Wealth Orders (UWOs) were created by the Criminal Finances Act 2017 and came into force earlier this year.

NCA wins test case over its use of Unexplained Wealth Orders featured image

Angus Dawson

October 3, 2018

0 0 13

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Alarm bells ring in the construction industry – how immigration policy could affect output

Post-Brexit immigration policy is becoming clearer following Theresa May's announcements at the Tory party conference, and in a way that...

Alarm bells ring in the construction industry – how immigration policy could affect output featured image

Neill Blundell, Max Hobbs

October 3, 2018

0 0 28

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Government announces new financial crime unit

David Gauke MP, the Justice Secretary and Lord Chancellor, yesterday announced the establishment of a new specialist financial crime unit...

Chris Mortimer

October 3, 2018

0 0 4

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Suppliers of financial services to non-EU customers may face limitation on VAT recovery

HMRC have issued draft changes to the Specified Supplies Order, which enables suppliers of VAT exempt financial services to recover VAT...

Suppliers of financial services to non-EU customers may face limitation on VAT recovery featured image

Ashley Greenbank

October 2, 2018

0 0 23

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Brexit: Swiss model not an option?

Today's papers contain some commentary on the negotiations (now more than four years old) between the EU and Switzerland to re-cut the...

Brexit: Swiss model not an option? featured image

Matthew Ramsey

October 1, 2018

0 0 25

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Third-party harassment in the wake of the Presidents Club scandal - is more legislation the answer?

In the post-Presidents Club world, and in light of the #metoo movement, harassment has become one of the big legal and moral issues...

Contributors

Macfarlanes Archive