29 Jan, 2021 When does an investor exercise decisive influence over a portfolio company? CJEU hands down judgment in Goldman Sachs’ appeal By Cameron Firth Andrew Morrison The Court of Justice of the European Union (the CJEU) this week upheld the General Court’s judgment finding Goldman Sachs (GS) jointly...
27 Jan, 2021 The Wealth Tax Commission FAQs By Thomas Schlee Edward Reed The Wealth Tax Commission, a group of academics exploring the possibility of a UK wealth tax, published their final report on 9 December...
25 Jan, 2021 The AMF Doctrine and SFDR: classification of funds and the compatibility of the EU and French rules By Gavin Haran The French regulator, the Autorité des Marchés Financiers (AMF), has published guidance on the implementation of the EU's Sustainable...
25 Jan, 2021 Locating Bitcoin: the tax planner’s crypto-nite? By Richard Giangrande While much of the focus around Bitcoin’s recent surge in value has been on lost keys and volatility, the emergence of cryptocurrencies...
21 Jan, 2021 Big fraud: FCA proposes regulation of tech giants in relation to financial scams By James Reid Lorna Emson On Monday the Financial Conduct Authority (FCA) released its review of consumer investments data for 2020 (the Review). In the Review the...
18 Jan, 2021 UK introduces tighter travel restrictions to combat new Covid-19 variants By Edward Reed UPDATE: From 15 February 2021, new guidance is in effect - please see our updated note here: Covid-19 UK travel restrictions and...
14 Jan, 2021 No expansion of the failure to prevent offence... for now By Max Hobbs FCA-regulated companies have been given a reprieve, as an amendment to the Financial Services Bill 2019–21 (FSB), which would have...
12 Jan, 2021 Unwinding property contracts: tax for the unwary By Sarah Shucksmith It is rare, but not unheard of, for a property dispute to result in the rescission of the relevant contract. But what is the SDLT...
12 Jan, 2021 Changes to UCITS making use of the temporary marketing permissions regime By Emma Garnham The temporary marketing permissions regime (the TMPR) is now being used by many EEA-domiciled UCITS that, pre-Brexit, relied on a UCITS...
11 Jan, 2021 Implications of UK-EU trade deal on tax By Rhiannon Kinghall Were A new year and a new relationship between the UK and EU beckons as the transitional period finally ended on 31 December 2020. The new...
11 Jan, 2021 Green shoots: recent developments in the legal cannabis industry By Max Hobbs Investing legally in the cannabis industry has troubled many UK investors and investment managers over the last couple of years. This is...
07 Jan, 2021 Cleaning the laundry: HMRC issues record fines for anti-money laundering failures By Max Hobbs It has been revealed that last year HMRC imposed a record fine of £23,828,092 on a money services business for anti-money laundering...
05 Jan, 2021 Transfer of assets abroad – Upper Tribunal waits for Court of Appeal to decide where to draw the line By Jennifer Smithson The decision of the Upper Tribunal in the case of The Commissioners for HMRC v Andreas Rialas has been published. In its decision, the...
05 Jan, 2021 Prepare to share: is executive pay part of your approach to managing climate-related risk? By Lucy Urwin New listing rule on climate-related financial disclosures With everything else going on at the moment, readers may be forgiven for...