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Money laundering: Now a never-ending chain? - R (World Uyghur Congress) v National Crime Agency
The UK Court of Appeal has delivered an important judgment highlighting money laundering risks for companies, where they suspect forced labour or other human rights abuses in their supply chains. The Court disagreed with a widely held interpretation of ce...
DMCC Act ushers in a new age of consumer protection in the UK
The Digital Markets, Competition and Consumers Act 2024 (DMCC Act) received Royal Assent on 24 May 2024, bringing in long-anticipated reforms aimed at forging a UK regulatory framework fit for the digital age. The DMCC Act also introduces major upda...
Competition & Regulatory Newsletter: European Commission publishes report on how conditions of competition have changed over the last 25 years
On 24 June 2024, the European Commission published a report titled “Protecting competition in a changing world”. The report presents and assesses new economic research on how and why the conditions of competition in the EU have evolved during ...
Knowledge essential: UK Supreme Court considers directors’ accessory liability and account of profits
Real Estate Newsletter - June 2024
In this edition, some of our topics include: Leasehold and Freehold Reform Bill becomes law; Changes to the Construction Industry Scheme; Changes to the overseas entities registration regime; Government consults on contractual controls on land;Court consi...
UK Supreme Court delivers landmark decision on downstream (Scope 3) emissions – R(Finch) v Surrey County Council
In a landmark climate decision, the UK Supreme Court has found, by a majority, that downstream greenhouse gas (GHG) emissions (also known as Scope 3 emissions) that would ultimately arise from combustion of refined oil products should have been considered...
Tax and the City Review - June 2024
In another case involving both commercial and unallowable purposes, the Court of Appeal in Kwik-Fit decides that some of the loan relationship debits can be allocated to the commercial purpose. In a blow to taxpayers, the Court of Appeal in Hotel La Tour ...
Employment Bulletin - June 2024
The main political parties published their Election Manifestos last week. By far the most detailed proposals on employment aspects are from the Labour Party, which has recently published Labour’s Plan to Make Work Pay – Delivering a New Deal for Working P...
UK Energy and Infrastructure: Reviewing Conservative and Labour manifestos
The UK General Election on 4 July 2024 takes place in the broader context of heightened geopolitical tensions and inflationary pressures, with energy security, net zero targets, and economic growth remaining key concerns on both the national and internati...
Competition & Regulatory Newsletter: European Commission launches first in-depth merger probe under Foreign Subsidies Regulation
On 10 June 2024, the European Commission announced that it has launched an in-depth investigation under the Foreign Subsidies Regulation into the acquisition by Emirates Telecommunications Group Company PJSC of sole control of PPF Telecom Group BV, exclud...