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Financial Regulation Weekly Bulletin - 14 November 2024
UK Supreme Court confirms power to grant anti-suit injunctions in support of foreign-seated arbitration agreements
The UK Supreme Court in UniCredit Bank v RusChemAlliance has issued its reasons for its unanimous decision in April to uphold an anti-suit injunction granted by the Court of Appeal requiring a party to cease Russian court proceedings brought in breach of ...
Competition and Regulatory Newsletter: European Court of Justice rules on FIFA transfer rules
On 4 October 2024, the European Court of Justice (CJ) held that FIFA’s international transfer rules for football players breached EU competition law and were comparable to ‘no poach’ agreements between clubs. The judgment adds to the growing body of case ...
First English judgment on LIBOR transition - Standard Chartered PLC v Guaranty Nominees Ltd & others
On 15 October 2024, the High Court handed down its judgment in Standard Chartered PLC v Guaranty Nominees Ltd & others, a case under the Financial Markets Test Case Scheme relating to the transition from LIBOR to alternative benchmark rates.
We unders...
Disputes Briefcase
A regular digest of key developments in litigation and arbitration, produced by members of our market-leading disputes team.
Disputes Briefcase
A regular digest of key developments in litigation and arbitration, produced by members of our market-leading disputes team.
Financial Regulation Weekly Bulletin - 24 October 2024
Twin peaks: Transition finance and the agenda for growth
“Transition finance” has been in successive UK Governments' sights as an opportunity for the UK. An ambition to make the UK a global leader in transition finance was part of the Sunak Government’s 2023 Green Finance Strategy. The Transition Finance M...
Autumn 2024 HR Budget speedread
The Chancellor today announced significant changes to the ways in which businesses and individuals will be taxed in her first Budget. An increase in employer’s National Insurance Contributions and a change to the treatment of “carried interest” had been w...
The Economic Crime and Corporate Transparency Act 2023: Get your house in order
After a lengthy period of scrutiny as the Bill made its way through Parliament, the Economic Crime and Corporate Transparency Bill finally received Royal Assent on 26 October 2023, becoming the Economic Crime and Corporate Transparency Act...