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Cross-border Insolvency - What you should know as a creditor This briefing discusses the issues and considerations regarding cross-border insolvency and the latest developments in the insolvency space in the PRC and Hong Kong. With the global economic downturn, businesses may begin to show signs of insolvency. Ind... Making waves: IEA’s Roadmap to Net Zero by 2050 Last week, the International Energy Agency (IEA) released its landmark Net Zero by 2050: A Roadmap for the Global Energy Sector report offering the world's first comprehensive roadmap for transitioning the global energy system to net zero carbon by 20... Pensions Bulletin - May 2021 In this month’s Pensions Bulletin, we look at the Government consultation on legislation intended to help address pension scams by imposing new conditions on a member’s statutory right to transfer their pension benefits.  We then consider... Insurance newsletter - May 2021 In this newsletter we look at: FCA consultation on a new Consumer Duty, Operational resilience, Amendments to insolvency arrangements for insurers, and Climate change – insurance developments. In this newsletter: FCA consultation on a ... Competition & Regulatory Newsletter (12 - 25 May 2021) General Court issues judgment in Amazon and Engie tax rulings cases General Court issues judgment in Amazon and Engie tax rulings cases On 12 May 2021 the EU General Court delivered two judgments; both in the context of State aid and tax rulings. The Ge... New Statutory Regime for Insurance Groups: AIA, FWD and Prudential In March 2021, the Hong Kong Insurance Authority was granted statutory powers to regulate insurance groups. The relevant groups are AIA, FWD and Prudential. On 29 March 2021, legislation came into operation which amended the Insurance Ordinance (Cap. 41)... Tax and the City Review for May 2021 Mike Lane and Zoe Andrews look at the decisions in Euromoney and M Group Holdings Limited; amendments to the Finance Bill; and updated HMRC stamp taxes guidance on submitting electronically. The FTT in Euromoney finds in favour of the taxpayer that &lsqu... Incentives Bulletin - May 2021 In this Bulletin, we look at the Financial Reporting Council’s report on directors’ remuneration reporting by listed companies, the FCA’s consultation on a new remuneration code for Collective Portfolio Management Investment Firms, PIRC&... Discovery of the Tooth Few tax cases manage to elicit such intractable feelings of crossness in me as the saga of HMRC v Tooth which has come to an end with the Supreme Court judgment of 14 May 2021. I am astonished that a point which was, frankly, utterly obvious had to go all... From CCCTB to BEFIT: the European Commission's plan to future-proof taxation The Commission's Communication on Business Taxation for the 21st century sets out reams of important tax policy announcements, whilst evidencing what seems like a growing enthusiasm for acronyms on this side of the Atlantic.