Publication
Blue Bonds: Making a splash in the Capital Markets
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
HMRC’s Pension schemes newsletter no 166 confirms plan to improve tax code system
United Kingdom | Publication | January 2025
One of the items in the latest Pension Schemes Newsletter confirms improvements to the system for tax coding in paying private pensions with effect from April 2025.
HMRC said it will act much more quickly to replace emergency tax codes with regular tax codes on newly paid pensions which will ensure that the correct amount of tax is deducted.
For many years, pension savers have been overtaxed and have had to jump through hoops to claim back their own money. The new system should mean that many more people are quickly moved on to the correct tax code and no longer end up with an overpayment of tax.
This is good news for those taking regular income from income drawdown, but the problem has not been resolved for those taking lump sums.
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Recent publications
Publication
Marine Money Week New York 2025
We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
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The parallel imposition requirement in exclusive distribution systems: key takeaways from the CJEU’s ruling in Beevers Kaas
On 8 May 2025, the Court of Justice of the European Union (the CJEU) delivered its ruling in case C-581/23 (the Ruling), providing guidance on one of the conditions for an exclusive distribution agreement to benefit from the block exemption under Article 4(b)(i) of the 2010 Vertical Block Exemption Regulation (the VBER)1, notably the so-called ‘parallel imposition requirement’.
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