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 […]
Release the Kraken… The kraken was a giant sea monster that appeared in the excellent 1981 film, the Clash of the Titans (we don’t talk about the 2010 remake). Of course, the film included the stop motion animation of the genius Ray Harryhausen. In the films, the Kraken is sent by Zeus […]
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 […]
Introduction As you will likely know, the UK has a public register of beneficial ownership of companies and overseas entities that hold interests in UK land. This means that anyone with a bit too much time on their hands can search the registers to find out who the ultimate owners of these entities are. Recent […]
The New Failure to Prevent Fraud Offence – Introduction The introduction of the ‘failure to prevent fraud’ offence in the Economic Crime and Corporate Transparency Bill 2022-23 marks a significant shift in holding companies accountable for corporate wrongdoing. Rather than attributing liability to individual directors or senior officers, the new law focuses on […]