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Updated: 42 min 5 sec ago

Measures to strengthen DB pension protections announced

Tue, 03/20/2018 - 16:52
The powers of The Pensions Regulator (TPR) to intervene where employers do not act in the best interests of a defined benefit (DB) pension scheme will be strengthened, the government has announced.

ICOs not a current risk to financial stability, says Carney

Tue, 03/20/2018 - 15:50
Initial coin offerings (ICOs) do not pose a current risk to financial stability, Mark Carney has said in a letter to senior officials at the world's biggest economies.

Ofcom opens '5G' spectrum auction

Tue, 03/20/2018 - 14:23
An auction for spectrum identified as suitable for providing future '5G' services was officially opened by the UK's telecoms regulator on Tuesday.

New figures reveal loss of £236 million through authorised push payment frauds

Tue, 03/20/2018 - 10:00
Businesses and consumers lost £236 million last year through authorised push payment (APP) frauds, new data has shown.

Uncertainty over privilege likely to lead to insurance case appeal

Tue, 03/20/2018 - 09:46
ANALYSIS: The High Court's ruling that an insurance policy holder cannot be forced to disclose documents covered by litigation privilege is open to appeal because of apparent inconsistencies in the ruling's approach to privilege.

OECD members want digital economy tax consensus by 2020

Mon, 03/19/2018 - 17:05
More than 110 countries and jurisdictions have agreed to try to come up with an agreed approach to taxing the digital economy by 2020, according to an interim report on the tax challenges arising from digitalisation published by the Organisation for Economic Cooperation and Development (OECD).

Tax tribunal rules digital newspapers should be subject to VAT

Mon, 03/19/2018 - 16:47
A UK tax tribunal has ruled that digital versions of daily newspapers should be subject to VAT, unlike printed editions containing the same content.

Fixed odds stake cap should be lower, says GB gambling regulator

Mon, 03/19/2018 - 16:06
The Gambling Commission has called for a cap on stakes for fixed odds betting machines (FOBTs) in order to protect vulnerable consumers from incurring significant losses.

EBA's fintech roadmap lacks urgency, says Scanlon

Mon, 03/19/2018 - 15:42
The European Banking Authority's (EBA's) new fintech roadmap lacks urgency, an expert in financial services and technology law has said.

MPs: aviation faces £1.5bn extra costs if not harmonised with EU

Mon, 03/19/2018 - 14:45
A House of Commons select committee has warned that any additional delays or bureaucracy at the UK's borders with the EU could add £1.5 billion a year to costs for the aviation industry.

Regulator: insurers should warn customers about Brexit impact

Mon, 03/19/2018 - 14:17
Insurers should keep abreast of Brexit developments and inform customers of the impact on policies as soon as that information is available, the UK financial regulator has said.

HMRC stepping up scrutiny of sports and fitness sector

Fri, 03/16/2018 - 14:27
Sport and fitness clubs in the UK are coming under increasing scrutiny from HM Revenue & Customs (HMRC) for their compliance with National Minimum Wage (NMW) legislation and their treatment of workers more generally, an employment law expert has said.

Tax enforcement and compliance aspects of the UK Spring Statement

Fri, 03/16/2018 - 12:31
ANALYSIS: The documents issued alongside the UK chancellor of the exchequer's Spring Statement had a particular focus on the 'new' economy and showed a continuing trend to use large businesses to be HMRC's unpaid tax inspectors.

5G will be revolutionary for consumers and providers, says telecoms lawyer

Fri, 03/16/2018 - 12:08
The way in which content is consumed and provided will be revolutionised by the introduction of '5G' technology, a telecoms expert has said.

Changes to boost Scottish licensing engagement proposed

Fri, 03/16/2018 - 11:00
Changes aimed at improving community engagement during the alcohol licence application, objection and hearing process have been proposed by the Scottish government.

GDPR supports biomedical research, says Spanish data watchdog

Fri, 03/16/2018 - 10:08
The General Data Protection Regulation (GDPR) supports the development of biomedical research, Spain's data protection authority has said.

UK public M&A activity 'surprisingly buoyant' heading into 2018

Fri, 03/16/2018 - 09:59
The market for mergers and acquisitions (M&A) involving public UK companies remained "surprisingly buoyant" in 2017 despite continuing political and economic uncertainty, according to a new report.

Northern Ireland to end micro-generation 'deemed export' regime

Fri, 03/16/2018 - 09:49
The Utility Regulator for Northern Ireland has approved a proposal to end calculation of renewable micro-generation revenues based on 'deemed export', and move to a system based on 'actual' metering data.

Sole shareholder knowledge of breach was not corporate knowledge

Thu, 03/15/2018 - 16:17
ANALYSIS: A recent decision by the Judicial Committee of the Privy Council underlines the importance of statutory limitation periods and understanding restrictions on them, while also highlighting the differences between directors, shareholders and the company.

Restructuring and care homes

Thu, 03/15/2018 - 16:00
ANALYSIS: The UK's largest care home operator Four Seasons is in talks with creditors to stave off the largest care home collapse since Southern Cross. Other care home operators will face insolvency in 2018, so restructuring professionals need to understand the issues affecting the sector.