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The potential of hydrogen: a guide to key European markets
This guide is intended to assist investors to navigate the changing regulatory framework for hydrogen across the value-chain and the emerging standards for low carbon hydrogen.
In the last year, significant steps have been taken towards the development o...
Insurance briefing
HM Treasury has published two draft statutory instruments which will allow it to implement reforms to the risk margin and the matching adjustment ahead of other proposed reforms to UK Solvency II.
UK Solvency II implementation – the risk margin and...
BLOG: Transfer pricing, permanent establishment and diverted profits tax reform
The changes proposed by the UK government in its consultation on the reform of the transfer pricing, permanent establishment and diverted profits tax legislation are intended to ensure equal treatment between multinationals and other enterprises, simplify...
HK CFA Clarifies Effect of Exclusive Jurisdiction Clauses on the Court's Insolvency Jurisdiction
The Hong Kong Court of Final Appeal (CFA) has recently in Re Guy Kwok-Hung Lam confirmed that, where a dispute in respect of a petition debt is subject to an exclusive jurisdiction clause (EJC), the Hong Kong court should generally hold the petition...
Employment Bulletin - June 2023
Topics covered in this bulletin:
Withdrawal of check-off arrangement was breach of contract not accepted by employees
New family leave rights and protections
Guidance on responding to data subject access requests
Horizon scanning
Withdrawal of che...
Tax and the City Review for June 2023
In their latest Tax and the City article, Mike Lane and Zoe Andrews consider HMRC’s revised and expanded guidance on the loan relationships unallowable purpose test, noting that it is subject to change as some of the cases which it references are no...
The next frontier: EU/UK competition law and labour markets
Competition authorities are increasingly focusing their enforcement actions on labour market issues. Practices such as wage-fixing, no-poach and non-compete agreements, and the exchange of competitively sensitive information are coming under the regulator...
EFIG: European Banking Newsletter - June 2023
Development's in this month's edition include:
Leverage ratio calculation - ECB v Crédit Lyonnais
Signposting tool for supervisory reporting - EBA publishes statement
MLD4 - EBA publishes Consultation Paper
CRR - Pri...
Competition & Regulatory Newsletter: European Commission adopts new horizontal block exemption Regulations and Guidelines
On 1 June 2023, the Commission published its long-awaited revised Research and Development Block Exemption Regulation and revised Specialisation Block Exemption Regulation (together, HBERs), alongside revised Guidelines on horizontal cooperation. The revi...
Value for money: a changing retail investment landscape in the UK and the EU
This briefing examines the developing regulatory landscape, looking specifically at the European Commission's recently published Retail Investment Strategy (RIS) that would require manufacturers and distributors of investment products to ensure that t...