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Inside Information and the Market Misconduct Regime The Securities and Futures Commission (SFC) has recently commenced Market Misconduct Tribunal (MMT) proceedings in connection with alleged insider dealing and late disclosure of inside information relating to the securities of Hong Kong listed company, Di... Competition and Regulatory Newsletter: European Court of Justice rules on FIFA transfer rules On 4 October 2024, the European Court of Justice (CJ) held that FIFA’s international transfer rules for football players breached EU competition law and were comparable to ‘no poach’ agreements between clubs. The judgment adds to the growing body of case ... UK Supreme Court confirms power to grant anti-suit injunctions in support of foreign-seated arbitration agreements The UK Supreme Court in UniCredit Bank v RusChemAlliance has issued its reasons for its unanimous decision in April to uphold an anti-suit injunction granted by the Court of Appeal requiring a party to cease Russian court proceedings brought in breach of ... First English judgment on LIBOR transition - Standard Chartered PLC v Guaranty Nominees Ltd & others On 15 October 2024, the High Court handed down its judgment in Standard Chartered PLC v Guaranty Nominees Ltd & others, a case under the Financial Markets Test Case Scheme relating to the transition from LIBOR to alternative benchmark rates. We unders... Employment Bulletin - October 2024 Topics covered in this bulletin: The Employment Rights Bill 2024; The Investment Association’s Principles of Remuneration; Supreme Court finds part-time referees could be employees; Guidance on the new duty to prevent sexual harassment; Horizon scanning T... Bank of England's consultation on amendments to MREL In this briefing we consider the impact of the consultation published by the Bank of England on 15 October 2024 on proposed amendments to consolidate and simplify the approach to setting a minimum requirement for own funds and eligible liabilities (MREL).... PRA's consultation on amendments to the UK large exposures regime In this briefing we consider the potential effect of proposals in the PRA’s consultation paper (CP 14/24) published on 18 October 2024 to amend the large exposures (LE) regime.  Key takeaways The UK large exposures (LE) regime, which applies to UK ba... Twin peaks: Transition finance and the agenda for growth “Transition finance” has been in successive UK Governments' sights as an opportunity for the UK. An ambition to make the UK a global leader in transition finance was part of the Sunak Government’s 2023 Green Finance Strategy. The Transition Finance M... Autumn 2024 HR Budget speedread The Chancellor today announced significant changes to the ways in which businesses and individuals will be taxed in her first Budget. An increase in employer’s National Insurance Contributions and a change to the treatment of “carried interest” had been w... In-Depth: Banking Regulation - 15th edition - Hong Kong chapter In-Depth: Banking Regulation (formerly The Banking Regulation Review) is an annual survey of the most important developments in banking regulation in the most significant jurisdictions worldwide. The Hong Kong chapter of the In-Depth: Banking Regulation p...