According to a Freedom of Information request by Pinsent Masons, the UK is closely monitoring hundreds of companies that could be using offshore tax havens to reduce their tax bills, under a new system that requires authorities from the British Virgin Islands to the Caymans to share information.
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Tom Stocker, partner and sanctions expert at Pinsent Masons, discusses the implications for businesses that comply with sanctions on Russian trade. Despite successive rounds of UK, EU and US sanctions ratcheting up the pressure on Putin’s government and a further round of sanctions being immin
Angelique Bret, partner and specialist in consumer law at Pinsent Masons, discusses the implications for businesses who break UK consumer protection law. Businesses that breach UK consumer protection laws will be subject to fines of up to 10 per cent of their annual global turnover under proposed ch
Law enforcement agencies probing suspected financial crimes have the right to additional time when necessary to properly investigate, a Scottish court has ruled. The landmark decision handed down by the Sheriff Appeal Court underlines the emphasis placed by courts on “allowing law enforcement
Yvonne Dunn, partner and financial services technology expert at Pinsent Masons, discusses the opportunities made available to businesses through open finance. A 10-year road map strategy published for Scotland’s fintech hub has highlighted “open finance” data as a key theme.
Tom Stocker, partner and anti-corruption expert at Pinsent Masons, on why the international fight against global corruption has been halted. A new report from Transparency International (TI) suggests the fight against global corruption has stalled, with more than 80 per cent of countries making litt
The imposition of additional trade and financial sanctions by the UK, US and EU against Russia will have major implications for businesses and merits preparatory contingency planning, writes Stacy Keen, senior associate at Pinsent Masons. The UK government this week introduced sanctions which c
International law firm Pinsent Masons has completed a move into new offices in the centre of Edinburgh’s financial district. Pinsent Mason partners Julia Maguire, Ewan Alexander, Michael Watson, Jim Cormack and Jacqueline Harris at their new Capital Square office.
The gambling industry awaits the outcome of an imminent white paper which is sure to deal operators a fresh deck of cards which may not all be to their liking, writes Audrey Ferrie, legal director and licensing specialist at Pinsent Masons. The existing Gambling Act 2005 came into force in 2007
The UK Government has introduced legislation designed to support small businesses following the end of restrictions on winding up petitions on 30 September, writes Joanne Gillies, partner at Pinsent Masons. The Corporate Insolvency and Governance Act 2020 (CIGA) introduced in June 2020 restrict
Leading Scottish lawyer and respected Hong Kong-based advisor Vincent Connor passed away on 5 October following a period of illness. A partner and head of Pinsent Masons’ Hong Kong office, Mr Connor was a passionate advocate for Scottish businesses operating in Asia and an industry-recognised
Sue Gilchrist, legal director at Pinsent Masons, considers the impact of the latest public health guidance on Scottish business. Scottish business, just as much as our English counterparts, was switched on to review the UK government guidance issued on working safely during coronavirus in Engl
Susannah Donaldson, legal director at Pinsent Masons, considers the impact of the pandemic on gender pay gap figures reported by large construction businesses. The Covid-19 pandemic has somewhat skewed gender pay gap (GPG) figures reported by large construction businesses for the year 2020
Pinsent Masons has released its latest year-end results, showing a record £503.3 million turnover. The firm reported that turnover broke through the half-billion pounds barrier for the first time, with the business recording 19% growth over a five year period.
Tom Stocker, partner and head of corporate crime, Pinsent Masons, discusses the impact of the Bribery Act on the business community. As the Bribery Act 2010 approaches its 10th birthday on 1 July, it is widely recognised as an excellent piece of legislation which transformed the corporate compliance