A question that we are frequently asked here in the United Kingdom is the extent to which UK financial services law can impact financial services businesses operating in the United States (and elsewhere outside the UK). At one end of the spectrum, some US firms assume that, even if they have UK clients, they can ignore UK regulation provided that they only operate from the United States. At the ot…
Member Publications
On Budget Day, 16 September, the Dutch caretaker government presented the 2026 Tax Plan along with several accompanying legislative proposals, most of which are scheduled to enter into force on 1 January 2026. Given the caretaker status of the government, the scope of the proposals is relatively limited and their overall impact is modest.
This Tax Alert highlights the most relevant changes in Dut…
The latest edition of Cowell Clarke's Financial Services Compliance newsletter is out now, covering key regulatory updates, including:
ASIC pursues licensee for failure to adequately manage cybersecurity risks
ASIC reminds licensees to obtain consent before appointing a company officeholder
ASIC cancels seven Australian credit licenses for AFCA membership failures.
This edition also highli…
This edition features notable updates in both Direct and Indirect Tax, including Inter-Ministerial Working Group (IMWG), GST structure on 'sin goods', US tariffs on Indian exports, India-UK Free Trade Agreement and more. Curated by the Firm’s International Trade & Taxation Practice Group, the newsletter is designed to keep you informed of evolving policy and compliance shifts.
Click here to re…
The subject of corporate governance is often considered to be primarily the concern of the very largest of businesses. Publicly traded companies are set their governance requirements by their relevant regulatory regimes and in the UK there are well-established requirements for the largest private companies under law and in codes such as the Wates Principles.
However it is no less important for sm…
With Ghana’s construction sector experiencing rapid growth, the need for efficient and reliable dispute resolution mechanisms has never been greater. Adjudication, especially under FIDIC contracts, plays a crucial role in keeping projects on track by ensuring disputes are resolved swiftly. In a new article, it considers:
The current challenges in enforcing adjudication and DAAB decisions in Gha…
Ohio lawmakers are moving to tighten hemp regulations following Governor Mike DeWine’s call to “regulate intoxicating hemp” and close legal gaps that may allow the marketing and sale of hemp products to minors. Senators Shane Wilkins (R) and Stephen A. Huffman (R) have introduced Senate Bill 86 (S.B. 86), which would ban the sale of intoxicating hemp products in gas stations and vape shops while p…
There has been a lot of publicity and discussion regarding Ohio House Bill No. 96, which, after using his pocket veto to delete several provisions, Ohio Governor Mike DeWine signed into law on July 1, 2025. While most of the provisions in House Bill No. 96 related to state budgetary matters, buried in the 3,156 pages of the bill was the addition of new statute to the state’s Miscellaneous Labor P…
Peter Slegers, Joshua Pascale and Jackson Jury in Cowell Clarke's Tax & Revenue team have published an article in the latest edition of Taxation in Australia, Australia’s leading tax journal, titled “Bendel goes to the High Court: critical issues for private groups"
The article outlines the potential impact of the Bendel case on Division 7A and what the High Court’s decision could mean for pri…
Recent advances in technology have transformed the ways in which lawyers deliver legal services, allowing for more efficient and sophisticated support to both corporate and individual clients. Among these developments, the rise of generative artificial intelligence (“GenAI”) stands out as a particularly disruptive force, challenging the long-standing norms surrounding how legal services are perfor…