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Overseas supply chain risk – A change of approach from the English courts? In a positive move for corporates, the High Court’s decision in Limbu v Dyson indicates the English courts are now willing (and able) to decline to hear claims against UK companies concerning their overseas operations and supply chains in favour of ... Tax and the City Review - January 2024 In their latest Tax and the City article, Mike Lane and Zoe Andrews consider the summary of responses to the consultation on the VAT treatment of fund management services and recent developments on Pillar Two, including revised draft guidance from HMRC an... No end in sight for PPI claims The Supreme Court has recently handed down two decisions that have an impact on whether claims relating to the mis-selling of PPI are time-barred. In the wake of these decisions, it is likely that we will see an increase in litigation regarding PPI, as cl... BLOG: The DPT is dead; long live the DPT! Having introduced more than twenty brand-new taxes since the turn of the millennium — at a rate of roughly one new tax per year — did the UK government really announce yesterday the demise of the diverted profits tax (DPT) before it has reached its tenth ... Chambers: Global Practice Guide: Securitisation 2024 – UK Chapter Guy O'Keefe, Richard Jones, Oliver Wicker and David Thomas set out some key legal considerations in the 2024 UK Securitisation Practice Guide for Chambers and Partners. Guy O'Keefe, Richard Jones, Oliver Wicker and David Thomas set out some key l... Embracing Proactive Enforcement: Hong Kong Competition Enforcement Gains Pace The Hong Kong Competition Commission has shown that it is able to initiate its own high-profile cases, move quickly in its investigations, and wrap up cases successfully. In this briefing, we take a look at the highlights from the Commission’s activ... EFIG: European Banking Newsletter – January 2024 Developments in this month's edition include: Managing climate-related financial stability risks – ECB and ESRB publish joint report ESAs launch consultation on second batch of policy mandates under DORA SSM – SREP results, supervisor... BLOG: Everyone's a winner - but some wins are more substantial than others: latest OECD assessment of the impact of the global minimum tax The global minimum tax is now in effect in the UK for qualifying multinational groups for accounting periods beginning on or after 31 December 2023.  A number of other jurisdictions have also implemented the rules or are in the process of implementin... Listing Regime Reforms: FCA publishes further details of changes and timing Further details of reforms to the listing regime that will take effect later in 2024 were published by the FCA in late December. The long-awaited changes represent the most far-reaching reforms of the listing regime for two decades. This briefing highligh... EPO gets its priorities straight: A clearing-up of the right of priority and underlying rights in patent applications A few days after the fiftieth anniversary of the signing of the European Patent Convention (“EPC”), the Enlarged Board of Appeal (“EBA”) of the European Patent Office (“EPO”) handed down some long-awaited clarification ...