News

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 […]

May 23rd, 2023

Strengthening Corporate Responsibility: The New Failure to Prevent Fraud Offence

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 […]