The Court of Justice of the European Union (ECJ) published its decision on 19 July 2012 in a case involving Deutsche Bank AG, on the VAT treatment of discretionary fund management services.

The Retained EU Law (Revocation and Reform) Act 2023 (the Act) completed its journey when it received Royal Assent on 29 June 2023.

ISDA have published a set of amendments to the ISDA Master Agreement (the ISDA MA) following the Covid-19 pandemic and sanctions on Russia. The changes allow market participants to deliver....

As 2025 draws to a close, we have continued to see significant developments across a range of areas of EU and UK competition law.

Regulations have been made to extend the new identity verification (IDV) regime under the Economic Crime and Corporate Transparency Act 2023 to limited liability partnerships (LLPs).

The Government has introduced draft regulations into Parliament which, if they become law, will set out the UK's future regime for regulating public offers of securities.

The Financial Conduct Authority has issued Primary Market Bulletin 65, addressing critical concerns about potentially misleading statements in regulatory announcements that resemble marketing material and correlate with share price movements. The bulletin also examines evolving market practices in sponsor due diligence for new admissions and reviews how issuers handle delayed disclosure of inside information under UK Market Abuse Regulation.

ILPA's latest guidance on NAV financing in private equity emphasizes the need for LPAC consent, transparency, and clear LPA provisions regarding NAV financing. It advocates for proactive LP engagement and standardized disclosures to address potential conflicts and ensure clarity in fund agreements

Changes to the UK's Register of Overseas Entities and Trust Registration Service expand public access to information recorded on these registers, demonstrating the UK Government's continued commitment...

The FCA has published two reviews in January dealing with different aspects of the fight against money laundering and financial crime. The FCA separately looked at the money laundering defences...

The guidance restates familiar principles, but now folds in the new "failure to prevent fraud" regime under the Economic Crime and Corporate Transparency Act 2023 (ECCTA)...

Welcome to this month's briefing for HR teams and in-house employment counsel – bringing you employment law highlights in an easy-to-read package with our monthly podcast.

Financial services industry body, UK Finance, has published sector-specific guidance to assist financial services firms in preparing for the new failure to prevent fraud offence.

The FCA's Market Watch 81 highlights persistent issues in MIFIR transaction reporting, focusing on weak change management, inadequate reporting design, poor data governance, and insufficient oversight. Firms are advised to conduct a comprehensive, holistic review of their processes to address these interlinked deficiencies and enhance their transaction reporting systems.

The Competition Appeal Tribunal has ruled on the withdrawal of five opt-out claims against musical instrument manufacturers, examining whether a Proposed Class Representative's failure...

The Privy Council's decision in Sian Participation Corp v Halimeda International Ltd makes it easier to wind up companies with debts subject to arbitration agreements or foreign court jurisdictions, overturning the restrictive precedent set by Salford Estates.

Sports Direct's bid for an interim injunction against Newcastle United, demanding replica kit supply, was denied by both the Tribunal and the Court of Appeal, which favored a speedy trial instead.

The Information Sharing (Disclosure by the Registrar) Regulations 2024 (Regulations) came into force on 20 December 2024.

On 14 September 2023, the European Commission published a targeted consultation questionnaire to gather feedback prior to proposing potentially fundamental changes...