Search results

Hong Kong Private Equity: 0% tax rate for carried interest - legislation enacted Hong Kong introduces 0% tax rate for carried interest paid by qualifying Hong Kong private equity funds to their managers, effective from 1 April 2020. On 7 May 2021, the Inland Revenue (Amendment) (Tax Concessions for Carried Interest) Ordinance (Carrie... Outsourcing and third party risk management: The PRA's stance on risk and controls This briefing looks at the PRA's Policy Statement on outsourcing and third party risk management (PS7/21) and accompanying Supervisory Statement (SS2/21) which ‘clarifies, develops, and modernises’ longstanding regulatory requirements... Tax impact of European Commission’s draft foreign subsidies Regulation Under the European Commission’s draft Regulation for a new regime to address the impact of subsidies from non-EU countries on trade within the EU published on 5 May 2021, tax concessions, reliefs and credits granted by the UK or other non-EU countri... European Commission publishes new regulation targeting foreign subsidies On 5 May 2021, the European Commission published a draft Regulation for a new regime to address the impact of subsidies from non-EU countries on trade within the EU. This follows the White Paper on foreign subsidies that was published by the Commission la... Europe's Groundbreaking Draft Artificial Intelligence Act The EU broke new ground on 21 April 2021 by issuing the draft of its proposed harmonised legal framework on AI (the "AI Act"), the first attempt worldwide to specifically regulate this rapidly developing and often misunderstood branch of technol... An overview of the EU competition rules General overview of the European competition rules applicable to cartels, abuse of dominance, forms of commercial cooperation, merger control, and State aid A general overview of the EU competition rules applicable to companies carrying on business in Eu... The EU Merger Regulation An overview of the European merger control rules This publication provides a comprehensive overview of key issues on merger control in Europe. It considers in particular jurisdictional issues, notification procedure and assessment under the EU Merger Reg... The EU competition rules on cartels Guide to the enforcement of rules applicable to cartels in Europe This publication provides an overview of the competition rules applicable to cartels within the EU. It explains the relevant legislation and who enforces it. It also describes the typical ... The EU competition rules on horizontal agreements Guide to the assessment of horizontal agreements (including the European Commission’s guidelines on horizontal cooperation and the block exemption regulations on research and development and specialisation agreements) This publication explains how ... The EU competition rules on vertical agreements Guide to the assessment of vertical agreements (including the European Commission's block exemption regulations on vertical agreements and motor vehicle distribution) This publication explains how the European competition rules are applied to "v...