If, as according to Ian Stewart, chief economist at Deloitte, CFO’s believe that climate transition will re-shape the business environment and more than two-thirds expect significant or wholesale change in their own business as a result of the move to net zero, what do CLOs or general counsel think?
A new piece of regulation: the entry into force of the FinSA and FinIA While the financial regulation landscape, inclusive of compliance, has kept evolving and increasing in the past 20 years, the architectural skeleton of the Swiss regulation landscape in this industry was entirely reviewed with the entry into force of two new bills …
Continue reading “Recent changes in the Swiss financial litigation landscape”
The Investment Limited Partnership (Amendment) Act, 2020 (the 2020 Act) brought about much-welcomed updates to the Irish investment limited partnership (ILP) regime, ensuring that the ILP is a modern and efficient partnership vehicle.
There are some significant differences in the process of litigation when HMRC is your opponent. Understanding those differences is essential when formulating the strategic approach to the dispute. This is not to say however that commercial litigation practice is of no relevance; increasingly there is a tendency for the tax courts to look to the …
With public finances under sustained pressure, HMRC will clearly have to collect more tax, more quickly, with stable resource levels, while stimulating economic growth. This will require rapid decision making on what, or who, to pursue, and why. There will be more pressure on tax policy decisions in terms of where to draw the line …
Continue reading “Tax disputes – some predictions for the year ahead”
In what some have described as a development ‘seismic’ in its potential consequences, in June 2021, the Law Commission launched a consultation concerning proposals to reform corporate criminal liability in the UK. The consultation seeks views on whether, and how, to improve the law relating to the identification and punishment of criminal offences committed by …
Continue reading “Corporate criminal liability in the UK: is change in the air?”
The In-House Lawyer (IHL): How has market uncertainty impacted London’s commercial litigation market over the past year, and how do you expect this to evolve?
The current Chilean regulations on data protection, Law No 19,628 on privacy protection (DPL), enacted in 1999, has become outdated and it does not properly regulate new scenarios that the development of legal relationships between participants of an economic system creates.
‘It’s a snowball effect. Look at private equity (PE) – that used to be dominated by Clifford Chance (CC), Freshfields and Ashurst but now it’s US firms,’ warns Weil London head Mike Francies. ‘The same hasn’t happened in M&A yet but nearly all of the top US firms here are now trying to build it. …
Continue reading “Is the Magic Circle’s dominance in the UK M&A market under threat?”
Against a backdrop of Government expressions of support for ethnicity pay reporting in the UK in 2018 and a consultation paper which appeared to favour some form of Government intervention, the lack of any legislative proposals since had been perceived by some as a sign of waning commitment. Immediate reaction to the independent Government Commission …
Continue reading “Moving ethnicity pay gap evaluation from the ‘too difficult’ pile”