World news
4 September 2019

SONIA to replace LIBOR

The end of the London Interbank Offered Rate (LIBOR) is approaching, since this rate will only be used until the end of 2021. The Bank of England, the UK’s central bank, is introducing the Sterling Overnight Index Average (SONIA), as lost confidence…

World news
4 September 2019

American digital giants strongly object to French tax

In July, the Office of the US Trade Representative initiated an investigation into the digital tax recently introduced in France. The USA have expressed concern that the implemented tax unfairly targets mainly American digital companies. The office…

World news
3 July 2019

Renewable energy sources for all Europeans

The last of the eight legislative acts constituting the Winter Energy Package was published in the European Union’s Official Journal in June. Submitted by the European Commission in November 2016, the changes to EU energy legislation aiming to…

World news
7 May 2019

Government to disallow certain foreign investments

On 10 April 2019, Regulation (EU) 2019/452 of the European Parliament and the Council, establishing a framework for the screening of foreign direct investments into the European Union, entered into effect in record time. In connection with this, the…

World news
2 April 2019

9 major tax changes in case of no-deal Brexit

The planned date of Great Britain’s withdrawal from the EU set for 29 March 2019 has been postponed. However, a British proposal for postponement until 30 June 2019 has not been approved by the EU27. Below we summarise the major potential impacts of…

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