Allen & Overy has advised the joint lead managers and joint bookrunners in connection with the offering of USD2 billion sovereign bonds by the Ministry of Finance of the People’s Republic of China. This is the first foreign currency bond offering by the Ministry of Finance since 2004. The USD2 billion sovereign bond issue consisted […]
The UK Chancellor’s reported slashing pension tax relief for older workers is misguided, short-sighted and counterproductive, warns the CEO of one of the world’s largest independent financial services organisations. deVere Group CEO Nigel Green’s warning comes as it is widely rumoured that Philip Hammond will reduce pension relief for older workers in his 22nd November […]
SFO specialist journalist Dominic Carman here discusses with Lawyer Monthly the SFO's announcement of its annual report at the Cambridge Symposium on Economic Crime. Dominic argues that income generated should not be what we base the SFO's success on, rather we should be pushing the SFO to achieve convictions that result in serious fraudsters going […]
A new independent review sets out ambitious proposals for how industry and government can boost the UK’s burgeoning AI industry. The government has been urged to help the UK become the clear world leader in the development of Artificial Intelligence (AI) – to boost productivity, advance health care, improve services for customers and unlock £630 billion […]
Following the Las Vegas shootings, where 58 people died, much discussion has riled up surrounding US President Donald Trump’s reaction to the massacre, and largely about weapons regulations and restrictions. The man behind the attack, Stephen Paddock, shot and injured a security guard just minutes before the attack. A full timeline of the tragedy can […]
The US Senate has passed a new Defence bill authorising $700 Billion to support defence programs and combat operations both foreign and domestically. The Senate gathered on Monday and passed the all new Defence Bill 89-8 in the house with the bill receiving bi-partisan support. Apart from the US budget, the Defence Bill constitutes the […]
The new bill, which is being dubbed ‘The Freedom from Equifax Exploitation (FREE) Act’, aims to protect consumers during a data breach that may result in their data being compromised. The bill suggests amending the ‘Fair Credit Reporting Act to enhance fraud alert procedures and provide free access to credit freezes, and for other purposes’. […]
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