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Competition & Regulatory Newsletter: CMA requires CHC to unwind helicopter services deal The Competition and Markets Authority (CMA) has ordered CHC Group LLC to unwind its £10 million completed acquisition of Babcock’s oil and gas offshore transportation services business. The CMA announced the decision on 1 June 2022 in its fina... Trucks Litigation: CAT certifies the RHA's opt-in claim and rejects UKTC's opt-out On 8 June 2022, the Competition Appeal Tribunal (the CAT) delivered its long-awaited certification judgment in connection with two applications for a Collective Proceedings Order (CPO) for follow-on damages in the Trucks litigation. On 8 June 2022, the C... The Banking Regulation Review - 13th edition - Hong Kong Chapter The Banking Regulation Review is an annual survey of the key developments in banking regulation worldwide including chapters on International initiatives and the European Union. The Banking Regulation Review is an annual survey of the key developments in... A new dawn for vertical agreements in the EU and UK? Ten years after the European Commission introduced the first Vertical Block Exemption Regulation (VBER), it was faced with assessing whether this tool was still fit for purpose in a business environment transformed by the growth in online sales and the ri... EFIG: European Banking Newsletter - June 2022 Developments in this month's edition include: TARGET2-Securities - ECB publishes Annual Report 2021 Desks mapping review - ECB considers integration of Brexit banks in European banking supervision Resolution framework public interest assessment -... Pensions Bulletin - June 2022 Topics covered in this bulletin: The latest from the Pensions Regulator (TPR) on its powers of enforcement and prosecution. Guidance from the Pensions Administration Standards Association (PASA) on best practice in processing DB transfers, likely to b... Global Investigations Bulletin (June 2022) In the June 2022 edition of our Global Investigations Bulletin, we discuss the recent conviction of three companies for section 7 Bribery Act offences, and set out the latest news in global investigations and enforcement actions.  Recent News ... BLOG: EU CFC State aid decision: the death of Cadbury Schweppes? The General Court released its decision in the UK's and ITV's appeals against the Commission's decision that the UK's CFC finance company exemption constituted State aid in so far as it applied to profits attributed to UK activities. Spoiler ale... BLOG: Ok, I was wrong (or when tax doesn't follow form but in my view should have) A little over a year ago, I wrote a post called "The cautionary tale of Mr Bostan Khan". It was prompted by the Court of Appeal decision in Bostan Khan v HMRC and I wrote it because I thought it neatly illustrated the way that the tax consequenc... BLOG: Net Zero: can tax help guide a unified approach? It is perhaps trite to say that tax can be used as the proverbial carrot and stick alike - or simply as a revenue raiser. It also goes without saying that policy design is a tricky affair, requiring both a precise determination of the desired behaviour, a...