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The COVID Corporate Financing Facility The Bank of England has published further guidance on accessing the COVID Corporate Financing Facility together with related documentation.  This briefing summarises the operation of the scheme and the mechanics of a commercial paper programme. Knowing when there is an enquiry: form over substance? Richard Jeens and Tom Windsor look at the recent decision in Credit Suisse Securities and the guidance it provides on when notice of enquiry is and is not given by HMRC. The importance of HMRC making clear its intention to enquire into a taxpayer’s... Tax and the City Review for March 2020  Mike Lane and Zoe Andrews look at Budget 2020; the review of the taxation of UK investment funds; and the decision of the CA in Smith & Nephew. Budget 2020 announcements of interest to financial services include a new economic crime levy and a ... COVID-19: Competition Law Considerations This briefing covers the key competition law considerations that may be relevant as businesses grapple with the COVID-19 pandemic, such as the application of competition law to collaborations between competitors and other commercial conduct, the implicati... UK presses ahead with digital services tax At a time when the priority for the UK government (after dealing with COVID-19, obviously) should be securing a good trade deal with the US, it appears a risky negotiation tactic to introduce a digital services tax (DST) to which the US has made its objec... COVID-19: Employment and Incentives issues The COVID-19 pandemic has transformed the employment landscape in a matter of days. As employers strive to come to terms with the outbreak, this briefing provides an overview of the key legal issues for employers to consider.     Coronavirus: Beware opportunistic claims of Force Majeure As a result of the COVID-19 outbreak, a number of companies are considering their legal options, and we are advising on an increasing number of asserted force majeure claims. In addition to its toll on human lives, the outbreak of COVID-19 coronavirus is... AGMs and impact of COVID-19 This note gives guidance on ways for companies to prepare for their 2020 AGMs as the spread of the COVID-19 virus is raising a number of issues to consider.  As companies prepare for their 2020 AGMs, the spread of the COVID-19 virus is raising a num... What should you do to combat the new COVID-19 cyber risk? Organisations grappling with a variety of issues raised by the coronavirus should ensure that ‘increased cyber risk’ is on the list of new risks to manage. Treasury: COVID-19 Health Check Overview and insight on the most frequent questions and challenges faced by corporate treasuries related to the COVID-19 crisis.  In this note, we provide an overview of some of the most frequent questions and challenges we have dealt with as the si...