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Tax and the City Review - September 2025 In Currys, the FTT decides that the taxpayer had not disposed of the goodwill before leaving the chargeable gains group and so a degrouping charge under TCGA 1992 section 179 arose. HMRC plan to increase the compliance burden on financial institutions and... Recent SFC enforcement action demonstrates increased scrutiny of licensed fund managers The Securities and Futures Commission (“SFC”) has been monitoring the asset management industry more closely in recent years, having issued multiple circulars on 25 November 2024, 9 October 2024 and 27 March 2024 on issues such as asset management operati... The Lens Newsletter - September 2025 A selection of our latest blogs on all things digital from our experts and thought leaders here at Slaughter and May. ICO Issues First Guidance on Distributed Ledger Technologies The UK Information Commissioner’s Office (ICO) has followed the European Da... Competition and Regulatory Newsletter: European Commission accepts commitments in respect of Microsoft Teams On 12 September 2025, the European Commission accepted commitments from Microsoft to address preliminary concerns about the tying of Teams to Microsoft’s productivity applications Word, Excel, PowerPoint and Outlook. Competition Commissioner Teresa Ribera... Tax Disputes: from assessment to FTT Chambers and Partners Global Practice Guide – International Arbitration 2025 – England & Wales: Law and Practice The International Arbitration 2025 guide provides the latest legal information on global arbitration practice and trends across over 60 jurisdictions, including on governing legislation, arbitral tribunals, challenges to jurisdiction, preliminary and inte... Strike out: no second bite of the cherry DP World Djibouti FZCO v China Merchants Port Holdings Company Limited In the latest episode of the dispute between port operators, DP World and China Merchants Port, the Hong Kong Court of First Instance struck out and dismissed a second action by DP Wor... Training data in, court case out? In this briefing we look at the legal debate around using third-party content to train generative AI, with a focus on UK, EU and US approaches and key copyright cases. INTRODUCTION When ChatGPT was released in 2022, it started an explosion in the use of, ... Competition and Regulatory Newsletter: Ticketmaster changes practices following CMA investigation On 25 September 2025 the Competition and Markets Authority announced that Ticketmaster has agreed to legally binding undertakings designed to improve transparency in its ticket sales processes. These undertakings follow the CMA's investigation into whethe... Getting ready for Stablecoins The Governor of the Bank of England, Andrew Bailey, wrote an opinion article in the Financial Times on 1 October 2025 describing the regulation of stablecoins as “a regime that can put the UK at the forefront of exciting innovation”[1] – a signal that...