29 Jul, 2020 Leasehold and commonhold home ownership: Law Commission reports By Rebecca Delaney Helen Simmons On 21 July 2020 The Law Commission published three lengthy reports into the future of home ownership. The reports were commissioned...
28 Jul, 2020 Securitisation Regulation - STS and NPE amendments By Richard Fletcher On 24 July 2020, the European Commission published a legislative proposal for a regulation to amend the Securitisation Regulation (the SR...
27 Jul, 2020 Remote witnessing of wills in England and Wales to be made legal By Clare Wilson The Covid-19 pandemic has prompted many people to put in place a will, in order to ensure that their assets pass in accordance with their...
23 Jul, 2020 UK to invest £100m in stronger AML checks through tax on banks By Francis Bond The UK is set to go ahead with a £100m investment in improving anti-money laundering systems, funded by a “levy” on financial...
17 Jul, 2020 High Court Approves G4S Deferred Prosecution Agreement By Francis Bond The High Court has approved the Serious Fraud Office’s (SFO) eighth Deferred Prosecution Agreement (DPA). We blogged earlier this week on...
17 Jul, 2020 5MLD and Trust Registration Service - impact on offshore trustees By Jennifer Smithson This week, HMRC and HM Treasury published the summary of responses and the outcome to the trust register consultation. This is an...
16 Jul, 2020 Co-ordinated global anti-corruption settlements By Francis Bond The US Department of Justice (DoJ) has indicated that further co-ordinated global anti-corruption settlements can be expected later this...
15 Jul, 2020 Dirty money should have nowhere to hide: the EU’s continued emphasis on the fight against money laundering By Helen Harvey “Dirty money should have nowhere to hide.” With these words, Valdis Dombrovskis, the EU Commission Vice President, addressed the European...
14 Jul, 2020 Capital gains tax: all change? By Gregory Price The Chancellor has asked the Office for Tax Simplification (OTS) to review various aspects of the UK capital gains tax regime, with a...
14 Jul, 2020 ESMA publishes final report on securitisation repository data guidelines By Richard Fletcher Edward Karsten Kartik Iyer In January 2020, we discussed ESMA’s publication of a consultation paper on securitisation data submissions pursuant to Article 4(2)(d)...
13 Jul, 2020 The SFO gets agreement in principle for its eighth DPA By Max Hobbs The Serious Fraud Office (SFO) has received approval in principle to enter into a Deferred Prosecution Agreement (DPA) with G4S Care and...
09 Jul, 2020 Furlough fraud: HMRC makes its first arrest By Max Hobbs Her Majesty’s Revenue and Customs (HMRC) has reportedly made its first arrest of a person in connection with suspected furlough fraud....
07 Jul, 2020 Landlords, tenants and funders – top tips to get through 2020 together By Cate Taylor There is no denying that investment landlords feel that the recent legislative changes by the Government to introduce (and now extend to...
06 Jul, 2020 UK Government acts “without fear or favour” to introduce new human rights sanctions, effective immediately By Francis Bond The UK has begun to detail its post-Brexit sanctions regime, beginning with a series of “Magnitsky” measures (a reference to the late...
03 Jul, 2020 Brexit: TPR notification window will re-open on 30 September 2020 By Sandeesh Shah The Financial Conduct Authority has announced that it will re-open the notification window for its temporary permissions regime (TPR) on...
03 Jul, 2020 Incoming President of global money laundering body sets out priorities for new term By Helen Harvey Dr Marcus Pleyer of Germany assumed the Presidency of the Financial Action Task Force (FATF) on 1 July 2020, succeeding Xiangmin Liu of...