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COVID-19: Charities and an update to UK government support An update to UK Government support to charities during COVID-19.
How many hammers are needed to crack a nut? The ‘cum-ex scandal’ being the nut in question here. After a consortium of journalists uncovered schemes generating multiple refunds of German dividend withholding tax, the European Parliament asked the European Securities and Markets...
Data Privacy Newsletter Issue 13 (May 2020): Selected legal and regulatory developments in data privacy
M&A activity in the COVID-19 and post COVID-19 world In this article we examine how COVID-19 will impact private M&A transactions, both in form and substance.
Clearer fines and cleaner immunity: Hong Kong's first antitrust penalty and revised leniency policy This client briefing analyses Hong Kong’s first pecuniary penalties judgment and the revised leniency policy for cartels published in April 2020.
How far does the fiction of a deeming provision extend? Not far enough to let the taxpayer escape UK tax under the UK/South Africa Tax Treaty, according to the Supreme Court in Fowler v HMRC. In its recent judgment, overturning the Court of Appeal’s decision, the Supreme Court held that a South African...
Subject access requests: new challenges arise from COVID-19 In the broader context of COVID-19, this briefing considers the ICO's draft guidance on the Right of Access, and offers some practical guidance for organisations in relation to DSARs.
Competition & Regulatory Newsletter On 6 May 2020 the UK Competition and Markets Authority announced its decision to block the completed acquisition of Footasylum plc by JD Sports Fashion plc following an in-depth Phase 2 investigation.
Strings attached? Changes to the UK Government’s CCFF and CLBIL schemes to support large businesses This morning (19/5/2020) HM Treasury announced some important changes to the Covid Corporate Financing Facility (CCFF) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS). 
New horizons: quantum computing and the banking sector In this article we provide a brief overview of the central tenets of quantum computing, before focussing on its potentially profound implications for the banking sector.
Getting the Deal Through - Debt Capital Markets (United Kingdom) 2020 UK and EU legal and regulatory framework of the debt capital markets, and factors which influence the market, including the documentation and execution of transactions.
No fixed establishment through parent-subsidiary relationship Or at least not automatically. A company established outside the EU does not have a fixed establishment for VAT purposes in an EU Member State merely because it has a subsidiary in that Member State. The Court of Justice confirmed this, and that a...
The impact of COVID-19 on Executive Remuneration In this podcast, Gillian Fairfield and Ian Brown discuss Executive Remuneration and the issues facing Remuneration Committees in the current crisis.
BLOG: Partnership taxation: still a work in progress? Given the general view of partnership taxation – “they’re just transparent, right?” – it is somewhat surprising that how a partnership interest is accounted for, or whether a pre-sale profit distribution is made, or even possibly whether that distribution...
Latest decisions relating to breaches of directors’ duties This briefing looks at two recent cases where directors are disqualified, censured and criticised for breaching their duties.