Apr 29, 2019 Syndicated loans: competition law considerations and mitigations By Fiona Beattie Given the Easter break and the continuing focus on Brexit, it was easy to miss the fact that the European Commission has released a...
Apr 26, 2019 5MLD: HM Treasury consults on new EU money laundering rules By Macfarlanes HM Treasury has recently published a consultation paper in which it proposes to implement the fifth money laundering directive (5MLD) in...
Apr 24, 2019 Everybody, freeze! Account freezing orders under the Proceeds of Crime Act By Neill Blundell Max Hobbs A new power introduced by the Criminal Finances Act 2017 (CFA) has recently been used for the first time by UK authorities: Account...
Apr 24, 2019 AI ethics and governance: the challenge of balance and bias By Rosie Duckworth That artificial intelligence should be deployed and developed within robust ethical frameworks has become a truth almost universally...
Apr 18, 2019 Are trusts still private arrangements? By Jennifer Smithson Transparency is the order of the day. We already have a public register of people who own or control UK companies and in 2021 there will...
Apr 18, 2019 Should trustees be worried about climate change? By Hannah Kalveks The protests led by the Extinction Rebellion climate change activists in London this week hit headlines at the same time as an open...
Apr 16, 2019 FCA publishes second "Dear CEO" letter on financial promotions By Lora Froud Alexandra Green Michael Sholem Last week the Financial Conduct Authority (FCA) published a second "Dear CEO" letter relating to financial promotions. This letter...
Apr 11, 2019 GP-led restructurings: all hail the LPAC! By Christopher Good The Institutional Limited Partner Association (ILPA) has published recommendations for how “GP-led fund restructurings” should be...
Apr 08, 2019 Ritchie v HMRC - a lesson in procedural fairness By Macfarlanes The recent decision of the Upper Tribunal (UT) in Ritchie v HMRC [2019] UKUT 71 (TCC) concerned discovery assessments raised in 2013 in...
Apr 05, 2019 Honesty is the best policy: the SFO encourages more companies to self-report and waive privilege By Neill Blundell Max Hobbs Lisa Osofsky, the Director of the Serious Fraud Office (SFO), has confirmed that the SFO will issue new guidance in the near future to...
Apr 05, 2019 BPF calls for government-backed group to drive “Proptech” By Macfarlanes Real estate is no stranger to the proliferation of “–techs” that have entered the economy amid the rapid acceleration of digital...
Apr 04, 2019 Hotel financing - the pros and cons of management agreements versus franchises By Laura Bretherton At the CREFC "Financing Hotels in Europe" panel discussion on Friday 29 March, lenders and investors discussed their preferences for the...
Apr 04, 2019 Cryptocurrency for elderly care - a step too far? By Martha Campbell New applications of blockchain technology continue to proliferate the news cycle. Among the latest sectors to enter the cryptocurrency...
Apr 04, 2019 European Parliament adopts recommendations on tackling financial crime, tax evasion and tax avoidance By Macfarlanes The European Parliament adopted the recommendations in the report of its special committee on financial crimes, tax evasion and tax...
Apr 01, 2019 Big Financial Ombudsman award hike takes effect By Barry Donnelly With immediate effect from Monday 1 April 2019, new FCA rules have more than doubled the maximum amount which the Financial Ombudsman...