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19 Sep 2021, 11:08 am by Giles Peaker
The lease provided (so far as relevant) that the lessee must pay: by way of further and additional rent a service charge in consideration of the Lessors covenants hereinafter contained payable equally in advance on the 1st January in each year such charge being the greater of either:- (a) The sum of TWO HUNDRED AND FIFTY POUNDS (£250.00) per annum or if greater the sum of £250.00 multiplied by the index of retail prices maintained by HM Government on the 31st October… [read post]
9 Sep 2021, 7:26 am by Simon Lovegrove (UK)
In April 2021, the Chancellor announced a new Taskforce between HM Treasury and the Bank of England (BoE) to explore a UK central bank digital currency (CBDC). [read post]
6 Sep 2021, 8:43 am by Simon Lovegrove (UK)
A HM Treasury consultation on the UK approach to cryptoassets and stablecoins closed earlier this year, and the FCA is working closely with HM Treasury and Bank of England as part of the Cryptoassets Taskforce. [read post]
6 Sep 2021, 8:33 am by Simon Lovegrove (UK)
 UK consultations closing  2 September 2021: HM Treasury call for evidence on review of UK Securitisation Regulation. 3 September 2021: HM Treasury consultation on effective operation of Financial Services Compensation Scheme for pre-paid funeral plan providers. 7 September 2021: Bank of England discussion paper on new forms of digital money. 10 September 2021: FCA consultations on enhancing climate-related disclosures. 14 September 2021: FCA consultation on Primary… [read post]
2 Sep 2021, 8:55 pm by Anna Carrier (BE)
As such, HM Treasury is considering replicating – to the extent feasible – the relevant FTR’s requirements for the crypto-assets sector. [read post]
SCML has thus been sanctioned for its services CCTV News and CGTN with a financial penalty of £100,000 payable to HM Paymaster General for each case. [read post]
25 Aug 2021, 1:01 am by rhapsodyinbooks
At age 39, Royal Navy Lieutenant James Cook was selected to lead an important scientific voyage after coming to the attention of the Admiralty and Royal Society for his “masterly survey” of the Newfoundland coast. [read post]
23 Aug 2021, 10:38 am by Giles Peaker
We have notified HM Courts and Tribunals Service and the Judiciary of this issue. [read post]
12 Aug 2021, 3:55 am by Jesse Solis
Excise Duties on Gas and Diesel in the European Union and the United Kingdom, as of July 2021   Gas Tax Diesel Tax   Per Liter in EUR Per Gallon in USD Rank Per Liter in EUR Per Gallon in USD Rank Austria (AT) € 0.48 $2.08 20 € 0.40 $1.71 16 Belgium (BE) € 0.60 $2.59 12 € 0.60 $2.59 3 Bulgaria (BG) € 0.36 $1.57 27 € 0.33 $1.43 26 Croatia (HR) € 0.51 $2.20 16 € 0.40 $1.75 16 Cyprus (CY) € 0.43 $1.85 24 € 0.40 $1.73 16 Czech… [read post]
5 Aug 2021, 8:40 pm by Hannah Meakin (UK)
The Regulations also allow the Cost Containment Mechanism (which enables HM Treasury to amend the distribution or volume of allowances to be auctioned in any one year if the carbon price exceeds specified limits) to access allowances that remain unallocated to stationary installations and in the flexible share. [read post]
2 Aug 2021, 9:48 am by Tom Smith
China says it has launched multiple military drills as the United Kingdom’s aircraft carrier HMS Queen Elizabeth enters the South China Sea. [read post]
28 Jul 2021, 8:49 am by CMS
HMRC’s contention was that Mr Haworth’s arrangements, as described above, were, in all material respects the same as those used by the taxpayer in HM Revenue and Customs v Smallwood & Anor [2010] EWCA Civ 778 (“Smallwood”), where it was decided that the “place of effective management” of the trust in question was the UK at the time of the disposal in question, and therefore the gain was subject to UK capital gains tax. [read post]
Following this review, HM Treasury will initiate consultation on potential changes to the UK’s regime for overseas firms and activities in Q4 2021. [read post]
21 Jul 2021, 8:40 pm by Simon Lovegrove (UK)
On 20 July 2021, HM Treasury issued a consultation document detailing a proposed Senior Managers and Certification Regime (SMCR) for financial market infrastructures (FMIs) supervised by the Bank of England (BoE). [read post]
20 Jul 2021, 8:40 pm by Matthew Gregory (UK)
Alongside the Free Trade Agreement the following joint declarations have also been entered into: UK-Norway, Iceland, and Liechtenstein FTA: joint declaration on financial services UK-Norway, Iceland, and Liechtenstein FTA: joint declaration on the extension of provisions relating to trade in services and investment to the Bailiwicks of Guernsey and Jersey, and the Isle of Man UK-Norway, Iceland, and Liechtenstein FTA: joint declaration on the extension of provisions relating to trade in services and… [read post]