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The future of UK Insurance Regulation On 19 October HM Treasury published a call for evidence on possible future changes to the Solvency II regime in the UK. This was published alongside a first consultation on stage 2 of the Financial Services Future Regulatory Framework Review (the... Relief for British Airways, but not for businesses facing fines in the future On Friday 16th October, the Information Commissioner’s Office (ICO) announced its long awaited fine of British Airways plc (BA) for breach of the General Data Protection Regulation (GDPR) following a cyber-attack in 2018. This briefing looks at key... The Shareholder Rights and Activism Review, Edition 5 - United Kingdom 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,... Court of final appeal rules on jurisdiction of court in a common law action to enforce an arbitral award In the final chapter of a long running dispute spanning 15 years concerning an agreement for the delivery and development of a piece of land and subsequent share sale, the Court of Final Appeal clarified the position on common law action to enforce an... International tax reform – winners and losers The OECD's Impact Assessment presents its international tax reform proposal as the least worse-case scenario rather than a significant improvement on what we already have. The proposal is based around two pillars: Pillar One seeks to re-allocate... Incentives Bulletin - October 2020 UT reverses FTT decision; right to acquire securities option;  SAYE guidance; HMRC publishes research into tax-advantaged share schemes; GAAR Advisory Panel opinion; Spotlight 56; UT reverses FTT decision and determines when a right to acquire... International Tax Competitiveness Index 2020: the results are in The Tax Foundation has published the International Tax Competitiveness Index 2020 which assesses the relative competitiveness and neutrality of OECD nations’ tax system by looking at 40 tax policy variables across five categories. In the overall... Competition & Regulatory Newsletter General Court partially annuls inspection decisions in French supermarkets investigations On 5 October 2020 the General Court partially annulled 2017 European Commission inspection decisions in relation to an investigation into potential anti-competitive... New credit checks needed? Changes to the UK Government’s CCFF scheme to support large businesses On Friday HM Treasury and the Bank of England announced some important changes to the Covid Corporate Financing Facility (CCFF) that apply with immediate effect. The details of the changes are set out in the Bank of England’s updated &lsquo... OECD pushes back deadline for international tax reform The OECD has published blueprints for a solution to the tax challenges arising from the digitalisation of the economy and acknowledged that a multilateral, consensus-based solution will not be agreed by the end of 2020. The blueprints will be presented to...