A battle is brewing over the VAT classification of weight-loss drugs, or GLP-1 medications. Many of these medicines are zero-rated for...

The Trump administration offered a show of force on the first day of Bitcoin 2026, with Acting Attorney General Todd Blanche, FBI...

Mega Marshmallow victory… finally, but it took seven years, four tribunals and a detailed analysis of how people eat marshmallows. The...

In this last post of our recent series considering the practical and legal issues for private equity sponsors and portfolio companies...

HMRC has strengthened its enforcement powers in the construction industry by distributing responsibility for tax fraud throughout the...

While no new tax rises were announced in the Chancellor’s Spring Statement, the real substance lay in the Office for Budget...

Perhaps unsurprisingly, the SEC's fiscal 2025 enforcement statistics released this morning reflect a steep decline in the number of...

For decades, the Financial Industry Regulatory Authority (“FINRA”) has functioned as the unavoidable gatekeeper of the broker-dealer...

His Majesty's Revenue & Customs ("HMRC") are increasingly using penalties as a tool to punish taxpayers for mistakes – even where there...

On 25 March 2026, the UK Supreme Court handed down judgment in UniCredit Bank GmbH (London Branch) v Constitution Aircraft Leasing...

On March 20, 2026, OFAC issued Iran-related General License (“GL”) U (available here), authorizing all transactions otherwise prohibited...

From evidence to enforcement In our last three posts, we addressed some of the key considerations in cases of actual or suspected...