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Competition & Regulatory Newsletter: Altice loses appeal against European Commission gun-jumping fine Altice loses appeal against European Commission gun-jumping fine On 9 November the European Court of Justice handed down its judgment confirming that the Commission was right to fine Altice for gun-jumping. The Court nevertheless reduced the amount of th... BLOG: Autumn Statement 2023: ORIP out - UTPR in As trailed on X (previously Twitter), the Chancellor delivered the Autumn Statement on 22 November 2023 with “110 different measures to grow the British economy”. I admit that I have not counted the measures to verify this, but the list of tax measures al... Price Fixing Proceedings Against Hong Kong Property Agency Hong Kong Competition Commission takes Midland to court whilst its rival Centaline benefits from leniency On 14 November 2023, the Hong Kong Competition Commission (the Commission) announced that it had commenced proceedings against real estate agencies... Tax and the City Review for November 2023 In their latest Tax and the City article, Mike Lane and Zoe Andrews consider two Supreme Court decisions: Target Group on the application of the financial services exemption to loan administration services, and Vermilion on the deeming provision in sectio... Economic Crime and Corporate Transparency Act 2023: Upcoming reform to limited partnerships This briefing provides an overview of the changes to the Limited Partnership regime introduced by the Economic Crime and Corporate Transparency Act 2023 (in particular the provisions requiring more information about the partners and partnership to be prov... Funded Reinsurance - PRA Consultation On 16 November the PRA published a consultation (CP24/23) on a new supervisory statement setting out the PRA’s expectations in respect of life insurance firms entering into or holding funded reinsurance arrangements as cedants. On 16 November the P... The Economic Crime and Corporate Transparency Act 2023: Get your house in order     After a lengthy period of scrutiny as the Bill made its way through Parliament, the Economic Crime and Corporate Transparency Bill finally received Royal Assent on 26 October 2023, becoming the Economic Crime and Corporate Transparency Act... EFIG: European Banking Newsletter – November 2023 Developments in this month's edition include: Sound practices in counterparty credit risk – ECB publishes report Annual Work Programme 2024 – published by EBA EU-UK Financial Regulatory Forum – HM Treasury and European Commissio... Competition & Regulatory Newsletter: European Court of Justice rules non-compete clauses between companies in different sectors can be "by object" restriction On 26 October 2023, the European Court of Justice found that cross-market non-compete clauses may constitute a restriction of competition by object, even when the underlying agreement can give rise to consumer benefits. On 26 October 2023, the European C... The Legal 500: Blockchain Country Comparative Guide 2023 - Hong Kong chapter The Blockchain Country Comparative Guide aims to provide an overview of the law and practice of blockchain law across a variety of jurisdictions. This chapter relates to Hong Kong law.   1.     Please provide a high-level overview of...