InvestingMost recent UK Life Sciences Competitiveness Indicators highlight key areas for reform and investmentJuly 27, 202379This time last year we analysed the UK Government’s annual Life Sciences Competitiveness Indicators (LSCIs) report alongside the MHRA’s Annual...
CryptocurrencyCrypto-assets: exchange of information through DAC8July 27, 2023136On 16 May 2023, the EU Economic and Financial Affairs Council (ECOFIN) reached agreement on amendments to the Directive on...
PensionWill UK pension changes just abolish the lifetime allowance or make wider reforms?July 26, 202366Draft legislation released by HMRC packs some unexpected consequences The Finance (No 2) Act 2023, which received Royal Assent on...
PensionThree ways the U.S. tax system offers a beacon of stability for cross-border investmentJuly 26, 202355As investors around the world face an uneven investing environment, the United States offers opportunities. Many of these are made...
FundsTaxation of credit funds in USAJuly 25, 2023145TaxationTax obligations and exemptionsIs a credit fund vehicle formed in your jurisdiction subject to taxation there with respect to its...
BankingMilgram v. Chase Bank USA, N.A.: Eleventh Circuit Holds Furnisher’s Investigation Was Reasonable, Despite Evidence That Plaintiff’s Employee Had Been Convicted For Incurring The Disputed ChargesJuly 25, 202373Does a furnisher always have reach the “right” answer when it investigates a consumer’s credit reporting dispute? Or does the...
FundsLuxembourg ratifies new double tax treaty with the United KingdomJuly 24, 202362Having already been ratified by the UK, the new treaty will become effective as from 1 January 2024 for Luxembourg...
BankingA Bank’s Duty of Care: UK Supreme Court Clarifies Scope of the Quincecare Duty in the UKJuly 21, 202378The Quincecare duty in English law, also recognised in Irish law, requires a bank not to execute a payment instruction...
FundsPrivate funds radar – July 2023July 20, 202394The private funds radar is our regular roundup of developments from around the world for private fund stakeholders. If you...
CryptocurrencyCommercial Court takes rare decision to refuse enforcement of arbitration award on public policy grounds in crypto caseJuly 19, 202342The Commercial Court has refused to enforce a foreign-seated arbitration award on the grounds that to do so would be...