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New EU Foreign Subsidies Regulation: Implications for Foreign Investments from Asia This briefing discusses the key features of the FSR regime primarily in the M&A context and identifies practical issues and steps for affected companies. It remains unclear how certain areas of the FSR will be interpreted and applied but, given the...
EFIG: European Banking Newsletter - May 2023 Development's in this month's edition include: Oversight of cryptoasset activities - ECB publishes blog post Guidelines on resubmission of historical data under EBA reporting framework – EBA publishes Consultation Paper Single...
A watershed moment? CMA gains significant new consumer protection powers On 25 April 2023, the UK Government published its long-awaited Digital Markets, Competition and Consumers Bill (DMCC Bill), which gives the UK Competition and Markets Authority (CMA) significant new consumer protection enforcement powers, in addition to...
Competition & Regulatory Newsletter: Digital Markets, Competition and Consumers Bill introduced to UK Parliament On 25 April 2023, the Digital Markets, Competition and Consumers Bill was introduced into the UK Parliament. The Bill creates a new targeted regime aimed at increasing competition in digital markets and updates investigative and enforcement powers related...
Tax and the City Review for April 2023 Mike Lane and Zoe Andrews discuss the FTT’s decision in Muller (application of intangible fixed assets rules to an LLP), the UT’s decision in Prudential (interaction of VAT grouping and time of supply rules) and some Spring Finance Bill...
Real Estate Newsletter - April 2023 Topics include: Conclusivity provision - Sara & Hossein Asset Holdings v Blacks Outdoor Actionable nuisance - Fearn & Others v Board of Trustees of the Tate Gallery AGA on assignment - Alma Property Management v Crompton & Another Accessing...
BLOG: Stamp duty reform proposal published on Tax Administration and Maintenance Day It has become a bit of a tradition that a fiscal statement is followed by a further day of tax-related announcements and publications. The tax administration and maintenance day following the Spring Budget 2023 took place on 27 April 2023 – just in time...
Pensions Bulletin - April 2023 Our April 2023 Pensions Bulletin covers Climate risk reporting; guidance on transfers from the Pension Scams Industry Group; Lifetime allowance changes; trustee diversity; Value for Members assessments; and derivatives clearing exemption. In this...
Employment Bulletin - April 2023 Topics covered in this bulletin: April 2023 employment rates and limits and other developments New targets for ethnic diversity on boards Employment Tribunal failed to assess whether rushed dismissal to avoid enhanced pension was age...
Competition and Regulatory Newsletter: European Commission revises Article 102 Guidance The European Commission has recently announced a package of measures marking a significant policy shift in its approach to enforcing abuse of dominance cases. The measures include specific amendments to the existing 2008 Guidance on the Commission’s...