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New Residents First! Italy is facing a dramatic outflow of “human capital”. According to Eurostat, only Romania and Poland pips Italy to the post in terms of emigration to other EU countries. But back to Italy: 30% of those who leave have a university degree (the rest are uns... All clear on tax residence? The First-tier Tax Tribunal's unhelpful decision in the Development Securities case has been reversed by an Upper Tribunal decision which was published today and (at least for now) provides comfort that a lot more is required than a subsidiary's acquiesce... Decision time for the UK Government on the CFC State aid challenge The time limit for the UK to appeal the EU’s State aid decision in relation to the UK’s CFC regime is fast approaching, and we still do not know whether the UK itself will appeal. This is a political decision that needs to be made by the UK Government, ra... CMA invites views on digital mergers while French shelve plans for ex-post review in favour of EU approach At a speech in Paris on Monday, CMA Chief Andrea Coscelli outlined the findings of the Lear report - a retrospective look at how and on what basis the CMA's predecessor institutions analysed (and cleared) past digital mergers. Coscelli also announced a pu... Dutch interest free loan structures at risk after Huhtamäki? The EC has decided to open an in-depth investigation into whether Luxembourg may have granted illegal state aid to the Huhatmäki group. Because the structure under review can be replicated in exactly the same form in the Netherlands, and in fact has been ... Reviewing robots: governance over AI Earlier this week, James Proudman, Executive Director of UK Deposit Takers Supervision at the PRA, gave a speech on the governance of artificial intelligence in financial institutions. The speech called out a number of important things which the boards of... Spot the difference: robot or ancient Egyptian mummy? What does a small clay figurine from 2500 BC have in common with a robot? Would you feel differently about this blog post if you discovered that the mind behind it was artificial? Is the end point of online dating actually a perfectly matched AI mate? The... The Melloddy project - pharma rivals singing in harmony In an excellent example of how to harness large data sets with AI whilst maintaining privacy by using blockchain, the Melloddy project has been launched. An acronym for 'Machine Learning Ledger Orchestration for Drug Discovery', the project is a collabora... Let me introduce you to my data twin I was amazed this morning to read that there is another version of me living on the internet. Not the "me" I present on social media or my blog, but a version of me that has been curated out of a mix of information I've voluntarily shared, data gathered w... Adtech – your data to the highest bidder? Most of us will be familiar with the experience of being followed around the internet by adverts for an item we’ve searched for, or absent-mindedly lingered over, online. What’s behind this? The answer is adtech, specifically “real-time bidding” and “prog...