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Competition & Regulatory Newsletter CMA Chief Executive advocates for “evolution, not revolution” following report evaluating past merger control decisions in digital markets On 3 June 2019 the UK’s Competition and Markets Authority (CMA) published an independent report evaluating past UK m... Cyber security by design - new UK guidance and EU certification schemes In this briefing Rob Sumroy and Natalie Donovan look at how guidance recently published by the UK’s National Cyber Security Centre, and a new cyber certification scheme at EU level, may help organisations answer this question What does ‘good’ cyber securi... All clear on tax residence? The First-tier Tax Tribunal's unhelpful decision in the Development Securities case has been reversed by an Upper Tribunal decision which was published today and (at least for now) provides comfort that a lot more is required than a subsidia... The EU Securitisation Regulation – where are we now? In this briefing we consider some of the open questions as to the scope of the new EU Securitisation Regime and how to comply with it Securitisations where new securities have been issued on or after 1 January 2019 are subject to the EU Securitisation Re... Simple, Transparent and Standardised Securitisations: All Clear Now? In this briefing we consider how the STS regime, under the new EU Securitisation Regulation, is operating and how it may be impacted by Brexit. It has been six months since the new EU Securitisation Regulation, together with amendments to the Capital Requ... Decision time for the UK Government on the CFC State aid challenge The time limit for the UK to appeal the EU’s State aid decision in relation to the UK’s CFC regime is fast approaching, and we still do not know whether the UK itself will appeal. This is a political decision that needs to be made by the UK Go... Employment Bulletin failure to enhance shared parental pay; employers required to record daily working time; transfer of undertaking under the Acquired Rights Directive; knowledge of disability Topics covered in this bulletin: No discrimination in failure to enhance shared ... The Corporate Tax Planning Law Review – inaugural edition Sara Luder and Dominic Robertson contribute the UK chapter to this Review which looks at the most important aspects of tax planning for multinational corporate groups in 20 different countries. This inaugural edition of The Corporate Tax Planning Law Rev... OECD's update on the digital economy Earlier today, the OECD's G20 Inclusive Framework on BEPS published a Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitisation of the Economy, detailing the technical work to be undertaken in respect of rev... The SFC clarifies licensed corporations’ obligation to disclose internal investigations against outgoing employees The SFC clarifies licensed corporations’ obligation to disclose internal investigations against outgoing employees As part of the recently revamped licensing process, licensed corporations are now required to disclose information about any internal invest...