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EFIG: European Banking Newsletter - February 2021 Development's in this month's edition include: EU Cross-border payments – ECB publishes opinion on proposed Regulation  Single Supervisory Mechanism – ECB finalises sguidance on supervisory approach   to... Competition & Regulatory Newsletter (27 January - 9 February 2021) European Commission fines gaming companies for geo-blocking practices European Commission fines gaming companies for geo-blocking practices On 20 January 2021 the European Commission announced that it had decided to fine Valve, owner of the online PC... Private Enforcement of Competition Law in the UK Our guide to ‘Private Enforcement of Competition Law in the UK’ examines the key aspects of competition litigation before the UK Competition Appeal Tribunal and the High Court of England and Wales. It has been recently updated, in particular... Hong Kong Private Equity - 0% tax rate for carried interest On 29 January 2021, the Inland Revenue (Amendment) (Tax Concessions for Carried Interest) Bill 2021 was gazetted. The Bill introduces a concessionary 0% tax rate for ‘carried interest’ paid by eligible private equity (PE) funds operating in... EFIG: European Banking Newsletter - January 2021 Development's in this month's edition include: Banking supervision – ECB publishes speech by Elizabeth McCaul on bank boards and supervisory expectations  COVID-19 and dividends – ECB urges banks to further delay or limit... Cartel Fines in Hong Kong: Some Observations on the Latest Penalties The Hong Kong Competition Tribunal (Tribunal) concluded 2020 with its highest pecuniary penalties to date in the IT Bid-rigging case and started 2021 with another set of fines (including on individuals) in the 3rd Decorators Cartel case. With these, there... Banking and Investment Services column: January 2021 Our latest Banking and Investment services column for Practical Law. In our latest Banking and Investment services column for Practical Law, we consider the possibility of UK divergence from the EU rulebook, the harmonisation of environmental, social and... Revised OECD tax treaty guidance as “temporary” COVID-19 travel restrictions continue to impact business operations The OECD has issued updated guidance on tax treaties and the impact of the COVID-19 pandemic which adopts broadly similar views on questions around the creation of permanent establishments and changes in tax residence as the guidance issued... The Space Law Review - Second Edition: Taxation Tom Gilliver contributes the chapter on taxation in this second edition of The Space Law Review, one of the Expert Panels in the Law Reviews series. For companies in the space industry, tax is an important factor in determining where to base themselves.... Pensions Bulletin - January 2021 In this month’s Pensions Bulletin, we report on developments in the ongoing scheme funding code consultation and on updated guidance from the Pensions Regulator on scheme returns. We analyse the implications of the end of the Brexit transition...