The Court of Appeal has unanimously overturned the largest value unlawful preference ruling to date.

In Prismall v Google UK Ltd & Anor [2024] EWCA Civ 1516 the Court of Appeal upheld the High Court's decision to strike out a claim for misuse of private information which the claimant had sought to bring.

In Green v CT Group Holdings Ltd [2023] EWHC 3168 (Comm), the High Court held that it should be a condition for granting Norwich Pharmacal relief that the application is made for a legitimate purpose.

On 26 July 2024, the People's Bank of China and the State Administration of Foreign Exchange jointly released revised rules in respect of the investments into China's financial market through the Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor regime.

The United Kingdom and Luxembourg signed an updated double tax convention and protocol (DTT) in July 2022 which entered into force on 22 November 2023.

There has been much commentary recently about the OECD's proposal for countries to introduce a global minimum tax rate. This follows on from the OECD's BEPS project and is part of a series...

Representatives from aviation leasing companies, airlines, aircraft manufacturers and regulatory bodies met recently in Dublin at the second Global Aviation Sustainability Day hosted by Aircraft Leasing Ireland...

The EU AI Act came into force today and businesses worldwide should be familiarise themselves with the requirements to ensure compliance.

Earlier today, the Australian Government released its Future Gas Strategy, mapping out a plan for how gas will support the Australian economy's transition...

On 11 September 2023, the State Administration for Market Regulation of China (the "SAMR") officially issued the Antimonopoly Compliance Guidelines for Concentrations of Undertakings...

The new UK "failure to prevent fraud" offence will hold companies liable for fraud committed for their benefit by employees, subsidiaries, or third parties. Companies must implement reasonable procedures to prevent fraud, with detailed risk assessments and enhanced policies necessary ahead of its likely July 2025 enforcement.

Dawn raids are on the rise; the first three months of the new SFO's director's tenure saw two dawn raids and the FCA's dawn raid activity during 2023 was significantly increased compared with 2022.

The Pensions Ombudsman has upheld a complaint by a member trustee of a small self-administered pension scheme (SSAS) against Rowanmoor Trustees Limited (RTL).

The PSR's mandatory reimbursement reform for APP fraud caps compensation at £85,000, but FOS claims may still allow awards up to £415,000. Firms face heightened regulatory expectations under the FCA's Consumer Duty.

"Buoyant" is the word that springs to mind when looking back on the Global ABS conference last week in Barcelona.

On 12 January 2024, the UK signed the Hague Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (the Hague Convention 2019).

The UK Court of Appeal clarified that multiple claimants can use a single claim form if claims can be "conveniently disposed of" together, rejecting the "real progress" test. This decision facilitates streamlined group claims under CPR 7.3.

There has been a rise in claims brought by litigants in person (LIPs) against commercial clients on the small claims track. Why? Perhaps in the challenging economic conditions...

In the UK Budget, the Chancellor's Corporate Tax Road Map provides continuity for businesses, yet increased capital gains and employer National Insurance rates signal higher costs. Meanwhile, revised non-dom status and pension inheritance tax changes may impact high-net-worth individuals.

We have published a new global report, The Power of AI: How is artificial intelligence transforming financing services, which features responses from a cross-section of financial services...