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Scaling through integration? Proposals on integrating greenhouse gas removals in the UK Emissions Trading Scheme The day after former UK Prime Minister Rishi Sunak requested permission from the King to dissolve parliament and called a UK general election, the UK Emissions Trading System (“UK ETS”) Authority launched a consultation on proposals to integrate greenhous... Slaughter And May Cookbook The Lmas Recommended Forms Of Facility Agreement For Loans Referencing Risk Free Rates SMF interviews at the PRA and FCA: A practical guide for authorised firms PS1024 Review Of Solvency II Reform Of The Matching Adjustment COP30 Unpacked Our three-part COP30 podcast series where we will be discussing the key topics from the climate change conference. Smorgasbord not showstopper: the UK Budget 2025 The November 2025 budget is here at last. During the months of speculation in the run-up to the big day, two possible futures emerged: a slate of headline-grabbing tax rises, or a broad range of narrower, targeted measures. Today the Chancellor opted firm... Autumn Budget 2025: UK Listing Relief for Stamp Duty Reserve Tax Amidst the broader UK stamp taxes on shares modernisation efforts (discussed here and here), today in her Autumn Budget 2025, the Chancellor of the Exchequer (Rachel Reeves MP) turned her attention to UK stamp duty's younger sibling: stamp duty reserve ta... Gen AI and copyright in Europe – Munich Regional Court seeks to determine the rules of the playing field In the recent Getty Images v Stability AI decision, the UK High Court rejected Getty’s claim for secondary infringement of UK copyright on the basis that (i) an “infringing copy”, for the purposes of secondary infringement, must be “a copy” and (ii) Stabi... The proposed Italian taxation of portfolio dividends and the principle of non-(reverse) discrimination The proposed reform of the taxation of portfolio dividends is a seemingly marginal adjustment to the Italian tax system, but akin to Lorenz’s “butterfly effect” will have far-reaching consequences. On 22 October 2025, the Italian Government approved the d...