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On 16 March 2022, HM Treasury laid in Parliament the Final Report of the Ring-fencing and Proprietary Trading Independent Review. [read post]
16 Mar 2022, 12:48 pm by Jeffrey Bohn
  The Project builds on the US-UK Financial Innovation Partnership that was established in May of 2019 by the US Department of the Treasury and the UK’s HM Treasury. [read post]
16 Mar 2022, 9:33 am by Albert Weatherill (UK)
On 15 March 2022, the Financial Markets Law Committee published a letter that it had sent to HM Treasury highlighting some examples of legal uncertainty as regards the proposals in HM Treasury’s response to its 2020 consultation on cryptoasset promotions and the FCA’s consultation on strengthening financial promotion rules for high-risk investments, including cryptoassets. [read post]
13 Mar 2022, 5:13 pm by INFORRM
The High Court has ruled a class-action lawsuit against TikTok concerning children’s privacy violations can proceed, SMO v TikTok Inc. and Others [2022] EWHC 489 (QB). [read post]
11 Mar 2022, 4:22 am by Oscar Davies and Jack Castle
  The Supreme Court’s approach to Elan-Cane The Supreme Court held that the purpose of providing male/female gender on passports ‘is not to inform [HM Passport Office] as to the applicants’ feelings about their sexual identity, and the applicants are not being forced to lie about those feelings. [read post]
6 Mar 2022, 4:02 pm by INFORRM
On 1 and 2 March 2022 Chamberlain J heard an application for an injunction in the case of HM Attorney-General for England and Wales v BBC. [read post]
4 Mar 2022, 9:24 am by Hannah Meakin (UK)
The FCA is now working with HM Treasury on Lord Hill’s recommendation to recalibrate the Prospectus Regime to make disclosures for different types of capital raising more proportionate to the type of capital raising being undertaken. [read post]
On 2 March 2022, HM Treasury published its response to its earlier consultation regarding amendment to section 48D of the Banking Act 2009. [read post]
2 Mar 2022, 9:38 am by Hannah Meakin (UK)
On 1 March 2022, HM Treasury published its response to its earlier consultation on the Wholesale Markets Review. [read post]
2 Mar 2022, 9:37 am by Albert Weatherill (UK)
On 1 March 2022, HM Treasury issued its response to its earlier consultation on the regulation of non-transferable debt securities (NTDS). [read post]
2 Mar 2022, 9:36 am by Albert Weatherill (UK)
On 1 March 2022, HM Treasury issued its response to its earlier consultation on the UK Prospectus Regime Review. [read post]
On 1 March 2022, HM Treasury published a draft of The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2022. [read post]
28 Feb 2022, 8:19 am by Kay Marbiah
HM Treasury published a consultation paper on proposals for a regulatory regime for stablecoins in January 2021. [read post]
27 Feb 2022, 4:30 pm by INFORRM
The Attorney General’s application to have her claim for an injunction against the BBC in private was refused on 22 February 2022. [read post]
25 Feb 2022, 10:12 am by Katie Stephen (UK) and David Harris (UK)
This includes by paying close attention to the websites of the FCA, OFSI and HM Treasury. [read post]
25 Feb 2022, 6:54 am by Simon Lovegrove (UK)
HM Treasury reports that overall respondents supported the proposed new levy. [read post]
21 Feb 2022, 6:58 am by CMS
HM Revenue & Customs (“HMRC”) refused the corporation tax deduction and issued “closure notices” disallowing the deductions. [read post]
18 Feb 2022, 8:23 am by Victoria Pridmore
The new text is available under the “Revisions” tab under “Guidance”, and has been submitted to HM Treasury for Ministerial approval. [read post]
HM Revenue & Customs has instigated a taskforce to investigate COVID-19 related fraud, and we expect to see an increase in related investigations by the National Crime Agency and Serious Fraud Office (SFO). [read post]