Yearly Archives: 2022

Hybrid working is here to stay

Posted on February 21, 2022 by Molly Jones

The BBC reported that more than 80% of surveyed managers said their companies had adopted a hybrid model of working, most of which adopting flexible working since the pandemic. Flexible working is where an individual’s working pattern is varied from …

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Golden Visas: Scrapped within weeks

Posted on February 17, 2022 by Molly Jones

Overview: Sometimes known as “golden visas”, Investor visas allow access to the UK for wealthy foreigners who invest at least £2m in UK businesses. However, there has been a long-standing perception that the route is open to abuse for those …

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Digital assets law and regulation- time for an update?

Posted on February 17, 2022 by Molly Jones

Nigel Brahams, Partner and Simon de Broise, Senior Associate from Collyer Bristow’s FinTech team were joined by Professor Sarah Green, Law Commissioner for Commercial and Common Law and Matthew Kimber, Lawyer at The Law Commission, to discuss the latest issues …

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A new direction for FCA decision making

Posted on February 14, 2022 by Molly Jones

As part of the Financial Conduct Authority’s (“FCA”) “Transformation Programme” to become a more innovative and assertive regulator, the FCA has announced its new approach to decision making. The policy statement (PS21/16) amends the FCA’s Enforcement Guide (EG) and Decisions …

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Data subject access requests are ‘weaponised’ as disgruntled customers seek to ‘tie businesses in knots’

Posted on February 10, 2022 by Molly Jones

DSARs allow an individual to ask any organisation to provide copies of all of the data they hold about that individual. DSARs have steadily increased since 2018 when the £10 fee was abolished. But now, as businesses hold more data …

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English Court confirms it has no jurisdiction to permit a counterclaim in enforcement proceedings

Posted on February 8, 2022 by Molly Jones

In Selevision Saudi Co v BeIN Media Group LLC [2021] EWHC 2802 (Comm), the High Court held that it had no jurisdiction to permit a counterclaim in proceedings to enforce a New York Convention award pursuant to section 101(2) of …

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UK will tighten the regulation of cryptoassets this year

Posted on January 26, 2022 by Molly Jones

The UK government is cracking down on misleading advertising in the cryptoasset markets. The move is in response to concerns that advertisements (which are often targeted at retail investors) can sometimes overstate the benefits of, without adequately warning about the …

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The importance of resisting the lure of a standardised approach to ESG-reporting

Posted on January 26, 2022 by Molly Jones

As governments set their own environmental goals, companies follow suit with ambitious and headline-grabbing targets for achieving, among other things, net-zero emissions. But what are companies actually required to do in terms of reporting climate targets? And why should they …

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Inheriting from US trusts

Posted on January 26, 2022 by Molly Jones

When considering a client’s estate planning, advisers like to reach for the most familiar tools in their arsenal. However, for US/UK clients, the tools that work in the US may not necessarily be tax-efficient in the UK. It is important …

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HICBC: January 2022 update – 2017/2018 tax position

Posted on January 25, 2022 by Molly Jones

Self-Assessment In their letters, HMRC correctly notes that the Upper Tribunal mentioned the fact that, if HMRC act within the statutory 4-year tax filing deadline, they can require HICBC taxpayers to file a self-assessment tax return. This means that the …

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