Apr 30, 2021 Conviction and collapse: a mixed week for the SFO By Lorna Emson James Reid On Wednesday the Serious Fraud Office (SFO) announced that it had secured a corporate conviction against GPT Special Project Management...
Apr 30, 2021 Despite Covid-19 the rush to direct lending continues By Rachel Richardson The FT has reported that Ares have raised an €11bn fund. According to Prequin this will be Europe’s largest fund of its type. In...
Apr 29, 2021 Staleness takes the biscuit: HMRC can’t wait forever to make a discovery assessment By Damiano Sogaro So-called "discovery assessments" have featured in the UK tax system since at least 1803, but the concept continues to evolve. What is a...
Apr 28, 2021 The importance of litigation funding By Malcolm Hitching This morning’s FT article is a good reminder of the importance of the UK’s litigation funding industry. The rapid evolution of the sector...
Apr 23, 2021 A TAD taxing? Germany plans to charge tax on departing entrepreneurs and family shareholders By Michael Shaw A recent announcement from the German finance ministry is a reminder of the need for business owners and family shareholders to plan any...
Apr 21, 2021 Is the global minimum tax rate proposal a template for action on climate change? By Lucy Urwin Tax isn’t often touted as the solution to global warming. Nonetheless, the extent to which it proves possible to resolve perennial issues...
Apr 21, 2021 Joint statement on merger control sets out need for more rigorous approach By Rachel Carter The competition authorities in the UK, Australia and Germany released a joint statement yesterday setting out the need for more rigorous...
Apr 20, 2021 The SEC climate and ESG task force publishes its first risk alert focused on fund managers offering ESG-related products By Harriet Miller The recently established SEC climate and ESG task force published its first risk alert on 9 April. The alert highlights the task force’s...
Apr 20, 2021 ESG-linked financings: a growing opportunity for the leveraged loan market? By Macfarlanes 2021 has seen the rapid rise of ESG-linked financings in the leveraged loan market as has been commented on by the ELFA in its latest...
Apr 15, 2021 Supreme Court to consider collective action for "loss of control" of personal data By Fred Snowball On 28 and 29 April, the Supreme Court will hear argument in Lloyd v Google – a case with potentially wide ramifications for the scope of...
Apr 12, 2021 Corporate bond funds in the firing line By Gavin Haran Regulators in the UK, the EU and globally are considering liquidity risk management in open-ended funds. Following a number of perceived...
Apr 09, 2021 ESAs consult on taxonomy-related sustainability disclosures for environmental products By Lora Froud Tiffany Cox Gavin Haran The European Supervisory Authorities (ESAs) are currently consulting on the proposed regulatory technical standards (RTS) on the content...
Apr 09, 2021 Global tax transparency – another development By Charlie Maydon Grace On 31 March, 12 jurisdictions which are deemed by the OECD to have “no or only nominal tax” (including Bermuda, the BVI, the Cayman...
Apr 09, 2021 Digital Assets timebomb? By Macfarlanes Whether you believe in the inherent value of cryptocurrency or not, there is no denying that it is becoming increasingly prevalent and...
Apr 09, 2021 Tax Day leads to calls for trust tax reforms By Paul Hardwick Following the Tax Day announcement that the Government would not conduct any holistic reform of the taxation of trusts, the CIOT has...
Apr 08, 2021 Why a global minimum tax rate now seems possible By Gregory Price In recent years, OECD member countries have been debating an ambitious plan to impose a global minimum tax rate on corporate profits for...