Search results

Competition & Regulatory Newsletter European Commission publishes report on EU loan syndication and its impact on competition in credit markets On 5 April the European Commission published a report on “EU loan syndication and its impact on competition in credit markets”. The study focused o... Tax and the City Review for April 2019 Mike Lane and Zoe Andrews consider the Commission’s State aid decision on the UK’s CFC rules, the Danish conduit cases, the FTT decision in Gallaher and the Supreme Court decision in Lehman Brothers. The Commission’s State aid decision ... Employment Bulletin Employment rates and limits; Compensation for refusal to allow rest breaks; BEIS Parliamentary Committee Report on executive rewards; Unfavourable treatment arising from disability Topics covered in this bulletin: Employment rates and limits: April 2019 ... AI and the effect on tax allocation Discussions continue at a global level on how the international tax rules should be reformed so they work adequately for today’s business models. A particular focus has been the problems associated with highly digitalised business, although some cou... Latest Government cyber report: targeted attacks and impact of GDPR The briefing summarises the latest Cyber Security Breaches Survey 2019 and offers practical tips we have drawn from the survey and our experience of advising on cyber incidents. The Government’s latest Cyber Breaches Survey was published this week. In thi... Taxing the sharing economy In 2017 the OECD asked a group (made up of the UK and Italian tax authorities) to look at how countries could ensure that income from the sharing and gig economy (such as Airbnb, Uber, Deliveroo and eBay) was taxed effectively.  The group published i... Competition & Regulatory Newsletter Highlights on the new Foreign Investment Law in China On 15 March 2019 the National People’s Congress of the People’s Republic of China passed the Foreign Investment Law, which will come into effect on 1 January 2020. The new legislation aims to facilitat... Recent changes in the UK retail electricity market This briefing contains our observations of the UK retail electricity market  Increased competition in the UK retail electricity market has benefited consumers, but has not been without risk, with eight suppliers failing last year. Read ou... A time-barred arbitral award is a bird without wings: CL v SCG [2019] The briefing discusses the decision in CL v SCG [2019] The decision in CL v SCG highlights the importance of timely enforcement of an arbitral award. The clock starts ticking when the defendant fails to honour the award within a reasonable time. Where enf... Pensions Bulletin Investment management changes; SFGB; fiduciary duty not owed by trustees to employer; Regulator’s Scheme Funding Statement; DB transfers-out and restructuring recommendations; report on pre-pack Topics covered in this bulletin: New law Government support...