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Most Favoured Nation Clauses Back in Favour?
Competition Appeal Tribunal upholds Compare the Market’s appeal of CMA decision Competition Appeal Tribunal upholds Compare the Market’s appeal of CMA decision On 8 August, the UK Competition Appeal Tribunal (CAT) unanimously upheld Compare...
Hong Kong Companies Ordinance Update: Protected Information of Directors
This briefing highlights the upcoming measures aimed at protecting certain sensitive information of directors of Hong Kong-incorporated companies and registered non-Hong Kong companies, and the actions that companies should take in light of the new regime...
Two deals by Chinese companies blocked under the UK’s National Security and Investment Act
Since the introduction of the National Security and Investment Act 2021 (the NSIA or the Act) in January 2022, the UK government has now twice exercised its powers under the Act to block a transaction on national security grounds. Both instances relate to...
BLOG: UK advances multinational top-up tax despite mostly a lack of progress elsewhere
The US has finally passed some tax legislation in the form of the Inflation Reduction Act. But before you get too excited, it does not implement either of the two pillars of international tax reform. Disappointingly, there are no changes to the US GILTI...
Employment Bulletin - August 2022
Topics covered in this bulletin: Government guidance on employment status Employer could dismiss and re-engage employees with protected pay Court of Appeal confirms dismissal of whistleblower for criticising colleague was not automatically...
Competition & Regulatory Newsletter: CMA reimposes Pfizer and Flynn fines for excessive pricing
On 21 July 2022 the Competition and Markets Authority issued a second infringement decision against Pfizer and Flynn following its in-depth remittal investigation. The CMA fined the companies a combined £70 million, finding - as it had done in 2016...
The Lending and Secured Finance Review - 8th edition - Hong Kong chapter
The Lending and Secured Finance Review provides an overview of the developments in the corporate lending and secured finance markets in 16 different countries and the challenges and opportunities facing market participants. The Hong Kong chapter in the...
BLOG: Euromoney: Taxpayer prevails before the Upper Tribunal
At first instance, Euromoney had been decided in favour of the taxpayer and my colleague’s post on the decision surmised that “HMRC may be so disheartened by the FTT’s factual findings that they abandon the fight”. This did not come to pass. HMRC appealed...
EFIG: European Banking Newsletter - August 2022
Developments in this month's edition include: Economy-wide climate stress test - ECB publishes results Supervisory banking statistics Q1 2022 - ECB publishes results 2021 bank resolvability assessment - published by SRB Please do...
The Shareholder Rights and Activism Review - 7th edition - United Kingdom chapter
This law review chapter considers the legal and regulatory framework in UK shareholder activism, key trends over the past two years, and an analysis of recent activism campaigns. Furthermore, the chapter offers a summary of recent regulatory developments,...
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