Both lenders and borrowers should familiarise themselves with the upcoming changes to the law governing assignation and security over moveable property in Scotland which the Moveable Transactions (Scotland) Act 2023 (MTSA) will bring into effect from 1 April, writes Shonagh Brown. Historically, this
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The UK government has initiated a public consultation to develop a new tax mechanism aimed at providing a predictable fiscal response to future oil and gas price shocks, writes Jake Landman. The consultation is part of the government’s broader strategy regarding the future of the North Sea. It
A recently published letter from HM Revenue and Customs (HMRC) provides insight into the interactions between HMRC and the newly established Office of Trade Sanctions Implementation (OTSI) and on investigations and enforcement of the UK’s trade sanctions regime, writes Stacy Keen. Between 2021
Pinsent Masons' Scottish corporate team concluded a successful 2024, advising on numerous multi-million-pound national and international deals across various sectors. Despite economic uncertainty and rising wage costs, the firm's head of corporate in Scotland, partner Barry McCaig, remains cautiousl
Pinsent Masons has announced it has agreed to lease more than 31,000 sq ft of Grade A office space in the Aurora building at 120 Bothwell Street, Glasgow.
Gillian Frew discusses the challenges to bankability in infrastructure and energy investment, particularly in the context of energy transition technologies and evolving regulatory landscapes. Bankability is key in the world of infrastructure and energy investment, as it indicates whether or not a ri
A new "failure to prevent fraud" offence will impact organisations across the UK and internationally, requiring them to complete risk assessments and implement rigorous fraud prevention procedures and policies in place if they are to avail themselves of a statutory defence, writes Tom Stocker. Under
The latest enforcement actions and supervisory publications by the Financial Conduct Authority (FCA) indicate the regulator’s renewed interest in market integrity and its expectations on regulated firms to assist it through clear dialogue and reporting, writes Anthony Harrison. Recent enforcem
Pinsent Masons has appointed Edinburgh-based partner Walter Clark to join its UK financial services corporate team. Mr Clark is an M&A lawyer with a primary focus on deals in the financial services sector across the UK, particularly for clients with a strong presence in Scotland.
In the UK, there has been a dynamic shift in the relationship between auditors and clients who are preparing annual accounts or readying a business for fundraising or potential exit, writes David Lister. Increasingly more fulsome investigations where compliance issues arise are required before signi
Businesses across sectors have been advised to review their approach to dynamic pricing after the practice drew scrutiny in the context of Oasis’ reunion tour, writes Angelique Bret. A UK and Ireland tour next summer will mark the first time the band’s two most prominent members, br
The Scottish government is seeking to address some of the overly restrictive aspects of the short-term let licensing rules, but the measures may not be enough to tackle “unnecessary” regulation and financial burdens faced by the Scottish tourism industry, writes Kirsty Gallacher. In
Pinsent Masons has appointed Edinburgh-based partners Julia Maguire and John Maciver as global sector heads of energy and financial services, respectively. Ms Maguire, previously head of client relationships in the energy sector, takes on the global sector head role for energy, while Mr Maciver, for
Recent legal reforms in the UK have increased the risk of corporate criminal liability for fraud, making urgent the need for businesses to reassess and strengthen their fraud prevention procedures, writes Tom Stocker. The clock is ticking for businesses across Scotland and the UK to review their fra
Pinsent Masons has appointed forensic accounting specialist David Lister as partner. Mr Lister, based in Edinburgh, was previously at a Big Four accounting firm EY where he was a partner for ten years. He joins the Pinsent Masons forensics & accounting services (FAS) team as the firm contin