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Pensions Bulletin - September 2021
New guidance from the Pensions Regulator: corporate and financing activity; The Pension Regulator’s draft Code of Practice; normal minimum pension; PPF compensation cap; overpayments case In this month’s Pensions Bulletin, we cover details...
BLOG: What’s the difference between nothing and nil? A tax deduction!
Net accounting has always thrown up some difficult questions for taxpayers and their advisers looking to claim a deduction for something that cannot be seen on the face of the accounts. This is particularly so when an amount for which the taxpayer would...
Competition & Regulatory Newsletter (15 - 28 September 2021)
General Court upholds record fine for gun-jumping General Court upholds record fine for gun-jumping The European General Court has confirmed that the European Commission was correct to fine French telecom company Altice for gun-jumping in the context of...
SMF interviews at the PRA and FCA: Practical guide
Practical guide to SMF interviews at the PRA and FCA This practical guide considers the PRA and FCA’s interview process for assessing the competence and capability of candidates seeking approval to carry out senior management ...
Tax and the City Review for September 2021
Mike Lane and Zoe Andrews summarise the L Day materials of interest to financial institutions and discuss the decisions of the Court of Appeal in Target Group (on the VAT financial services exemption) and the FTT in Kwik-Fit (on the loan relationships...
UK competition reform proposals - six things competition lawyers should know
On 20 July 2021 the UK Government published its long-awaited consultation on reforms to competition and consumer policy. It is the first major review of the UK competition landscape since 2014 and sets out a large number of detailed proposals. This...
Competition & Regulatory Newsletter (1 - 14 September 2021)
CMA imposes record fine for breaches of IEO. The UK Competition and Markets Authority has imposed a record penalty of £325,000 on ION Investment Group Limited and ION Trading Technologies Limited for breaching an initial enforcement order...
Employment protections on insolvency
This briefing addresses six questions relating to the employment protections available to employees of insolvent companies in Finland, France, Germany, Italy, Portugal, Spain, Sweden, the Netherlands and the United Kingdom. Government support has helped...
Transition to synthetic LIBOR by statute
This Briefing outlines the scope of application of synthetic LIBOR (based on current information) and the impact of the Bill on references to LIBOR in legacy contracts that are not actively transitioned to alternative rates ahead of the relevant deadline...
EFIG: European Banking Newsletter - September 2021
Development's in this month's edition include: Security-based swap entities – ECB and SEC sign Memorandum of Understanding SSM Regulation – ECB amending decision on supervisory data reported to national competent authorities...
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