News

July 24th, 2023

10 years later: is GAAR still the last salvation against the Walking Dead?

An introduction to GAAR and the undead Ok, the title mixes two separate horror franchises. That said, some might say the Walking Dead is somewhat derivative of the 28 Days Later etc… not even getting on to the Last of Us. There are some parallels between GAAR and this genre of horror. The most desperate […]

July 15th, 2023

Howey the Labs!

Introduction The long running saga between the US Securities and Exchange Commission (“SEC”) and Ripple Labs, the creator of cryptocurrency XRP reached a season climax earlier this week. It has been well reported that the markets were jubilant following the NY court issuing a summary judgement against the SEC’s claims that the sales of so-called […]

July 12th, 2023

MiCA: Navigating unchartered waters of crypto regulation in Europe

Introduction After more than two years in the making, the Markets in Cryptoassets Regulation (MiCA) has finally reached the finishing line, signaling a new era of crypto regulation in Europe. This comprehensive framework is designed to bring clarity and consistency to the crypto market and, hopefully, benefiting businesses and investors alike. In this article, we’ll […]

June 30th, 2023

‘Deliver us from evil…’ The Bhaur case and mistake

Background In a recent legal battle, the Court of Appeal (CoA) delved into the question of whether taxpayers should be allowed to reverse a voluntary disposition of their assets, made as part of a tax avoidance scheme, on the grounds of mistake. The case, Bhaur and others v Equity First Trustees (Nevis) Ltd and others […]