30 Nov, 2021 UK transitions to OECD mandatory disclosure rules By Jeremy McCallum Today, HMRC launched its long awaited UK mandatory disclosure rules (MDR) consultation process. The process seeks views on the design of...
26 Nov, 2021 EU proposes delay to mandatory buy-in regime; settlement fails reporting and cash penalties unaffected By Robert Daniell Edward Karsten Kartik Iyer In a much-anticipated move, EU co-legislators have proposed an amendment to the Central Securities Depositaries Regulation (CSDR) to...
25 Nov, 2021 Policy in practice episode 4: A roundup of COP26 By David Gauke Rachel Richardson David Gauke, Isobel Morton and Rachel Richardson discuss the headlines and implications from the recent COP26.
22 Nov, 2021 Paying the price: UK proposes mandatory rules for banks to compensate fraud victims By Lorna Emson James Reid The UK government has indicated that UK banks will be required to provide refunds to victims of “push payment” fraud (also known as “APP”...
22 Nov, 2021 “Yearly” interest and witholding tax duty: Hargreaves Property Holdings v HMRC By Naomi Charrington The UK has a system which requires any company paying “yearly” UK-source interest to a non-UK resident to withhold income tax from that...
22 Nov, 2021 No claim for loss of control of personal data without financial damage or distress By Fred Snowball The Supreme Court has dismissed a claim by Richard Lloyd, a former director of Which?, against Google for unlawfully tracking the...
16 Nov, 2021 When are assets “UK assets”? By Paul Hardwick In the recent case of Partington v Rossiter [2021] EWCA Civ 1564 the Court of Appeal found that a reference to “UK assets” in a will...
16 Nov, 2021 Policy in practice episode 3: What next for judicial review? By David Gauke Gideon Sanitt Jonathan Pratt In episode 3 of our policy in practice podcast David Gauke and Gideon Sanitt chat with Jonathan Pratt about the Government's proposals...
12 Nov, 2021 Private equity, public costs By Christopher Good “Big change is coming”, wrote Elizabeth Warren when Gary Gensler was nominated by President Biden to be the next chair of the Securities...
11 Nov, 2021 Christmas comes early for clearing – UK CCP temporary equivalence to be extended By Edward Karsten Robert Daniell Christine Long Pursuant to a statement published yesterday, Mairead McGuinness, European commissioner for financial services announced an extension to...
11 Nov, 2021 “Now is the time to get the house in order”: US Department of Justice prepares to launch corporate crime crackdown By Joe Gaffney The US Department of Justice (DoJ) is preparing for an imminent crackdown on corporate crime, warning companies that they must get their...
08 Nov, 2021 HMRC's focus on CJRS compliance grows now that support has come to an end By Jackelyn West 15 months ago, we wrote about HMRC’s announced plans to start recovery action of overpaid grants under the Coronavirus Job Retention...
08 Nov, 2021 An important Court of Appeal ruling for mass claims By Simon Day Michael Freedman With the highly anticipated Supreme Court judgment in Lloyd v Google being handed down on Wednesday, the Court of Appeal has recently...
05 Nov, 2021 A digital tax by any other name? By Bezhan Salehy As part of the agreement on the Pillar One international tax reforms 136 OECD Inclusive Framework countries have committed to withdraw...
04 Nov, 2021 Two months to go until the National Security and Investment Act comes into force By Andrew Morrison Richard Pepper The UK’s National Security and Investment Act (NSIA) comes into force in two months. The legislation will introduce a mandatory...
03 Nov, 2021 CMA fines Facebook £50 million for procedural violation during Giphy merger review By Richard Pepper The Competition and Markets Authority (the CMA) has fined Facebook £50 million for breaching an initial enforcement order (IEO) imposed...