The impact of the COVID-19 pandemic continues to be felt across the global business community.


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The FCA ramps up enforcement focus in its 2023/24 business plan

In its Annual Business Plan for 2023/24, the second of its three-year strategic plan, the Financial Conduct Authority ("FCA") – among other things - continues its drive to become a more assertive regulator, and to strengthen its enforcement strategy, with investment in people, data, and technology. This includes a significant increase in headcount in its Enforcement and Market Oversight Division ("Enforcement Division") intended to build capacity and resilience in its case and investigation teams, and to enable it to act faster against firms causing harm to consumers and/or markets.

Podcast: IR35: Celebrity winners and losers

In our latest Tax. Simplified. podcast episode, Head of Incentives and Remuneration, Mahesh Varia, and Knowledge Counsel, Kulsoom Hadi, discuss two recent cases involving intermediaries linked to Gary Lineker and Eamonn Holmes and consider what this might mean for other workers providing their services in this way and their clients. 

The future for UK environmental initiatives: CMA's green light to be part of the solution?

In line with its public commitment to promote environmental sustainability and help accelerate the transition to a net zero economy, the Competition and Markets Authority ("CMA") has recently published its draft guidance on the application of the Chapter 1 prohibition to environmental sustainability agreements ("Guidance"). If implemented, the Guidance will provide business with greater comfort in assessing the legality and risk profile of their environmentally focussed agreements – at least in the UK.

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