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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... The EU Carbon Border Adjustment Mechanism begins to bite The reporting obligations under the European Union’s Carbon Border Adjustment Mechanism came into force on 1 October 2023. explain the background to the EU CBAM discuss its current and future coverage summarise the key takeaways for businesses consi... Cineworld: Restructuring goes to Hollywood Following its acquisition of the Regal cinema chain in the US in 2018, Cineworld, with its English-incorporated parent company, London premium listing and status as a household name in the UK cinema industry, became a truly transatlantic business.  ... Parent Company Liability back in the Supreme Court The English courts have become a popular destination for foreign claimants seeking damages from UK-domiciled parents for the alleged wrongful actions of their overseas subsidiaries. A new judgment from the Supreme Court gives useful guidance on the applic... 2021 General Meetings and the impact of COVID-19 Holding AGMs and general meetings during the pandemic has not been without its challenges. Provisions contained in the Corporate Insolvency and Governance Act 2020 (“CIGA”) have helped, but they expire on 30 March 2021. Whilst we have long be... Competition & Regulatory Newsletter (10 - 23 February 2021) European Commission fines gaming companies for geo-blocking practices Commission accepts commitments by Aspen to address its excessive pricing On 10 February 2021 the European Commission announced that it had accepted legally binding commitments offered... COVID-19 Spring 2021 Response: key points for employers We summarise the COVID-19 Spring 2021 Response, the roadmap out of the third COVID-19 lockdown, and its implications for employers On 22 February the government published its roadmap out of the current COVID-19 lockdown. A 68 page COVID-19 Response - Spr... Tax and the City Review for February 2021 Mike Lane and Zoe Andrews consider the wider review of the UK funds regime; potential changes to the hybrids rules; the OECD's guidance on transfer pricing and treaties in light of COVID-19; and the FTT decision in Wilmslow.  The revie... EU publishes draft adequacy decisions for transfers of personal data to the UK The EU Commission has published two draft adequacy decisions for transfers of personal data to the UK, one under the GDPR and the other for the Law Enforcement Directive. This will be welcome news to many UK and EU businesses grappling with the implicatio... HMRC’s commitments to building and maintaining public trust in tax administration HMRC has powers to ensure everyone “pays their fair share of taxes” and in some cases, particularly where the powers tackle fraud, evasion and complex tax avoidance, these powers can be far-reaching.  It is important for maintaining and e...