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02 March 2009
Categories: Legal News , Tax , Commercial
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Legislation round-up

This update is provided by Current Awareness and News

CHART
In force Legislation Summary
23 Feb 2009 Stamp Duty and Stamp Duty Reserve Tax (Investment Exchanges and Clearing Houses) Regulations (No 2) 2009 (SI 2009/194)
Exempt from stamp duty and stamp duty reserve tax certain transfers of, or agreements to transfer traded securities made in the course of trading in those securities on the SmartPool Multilateral Trading Facility. The transfers and agreements exempted are those involving European Central Counterparty Limited (EuroCCP) , through whom transactions on the facility are cleared, or clearing participants in EuroCCP. Ensure that multiple charges to stamp duty or stamp duty reserve tax will not arise when shares are transferred between non clearing and clearing members of EuroCCP or when passing through EuroCCP itself.
2 Mar 2009 Occupational and Personal Pension Schemes (Levy Ceiling—Earnings Percentage Increase) Order 2009 (SI 2009/200)
Specifies the percentage by which it appears to the secretary of state that the general level of earnings in Great Britain has increased during the period from 1 August 2007 to 31 July 2008 for

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MOVERS & SHAKERS

Withers—Sophie Barrett-Brown

Withers—Sophie Barrett-Brown

Withers drives further growth in its UK immigration team with new partner Sophie Barrett-Brown

Venus Legal—Esther Amoako

Venus Legal—Esther Amoako

Venus Legal invests in next generation of legal talent as specialist litigation practice grows

Fisher Phillips—Catrina Smith

Fisher Phillips—Catrina Smith

Fisher Phillips continues momentum in London with arrival of Catrina Smith

NEWS
Restrictions on workplace non-disclosure agreements could make settlements slower, more complex and more expensive when reforms expected in 2027 take effect
Private prosecutors face closer scrutiny under Crown Prosecution Service guidance designed to strengthen accountability and consistency when intervention is requested
Foreign states cannot necessarily claim immunity for cyber operations launched abroad against computers in Britain, following a divided Supreme Court ruling
Defendants who make unsupported complaints about their lawyers risk losing legal aid while confiscation proceedings continue without representation
Lawyers advising Russian clients face different sanctions restrictions across the UK, EU and US, despite their shared objective of increasing pressure on Russia
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