Banking and Finance in UK Law
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HM Revenue and Customs v Axa Uk Plc
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As to the effect of the ruling in the present case, in my judgment, it is clear that the Court of Justice concluded that the words "debt collection" in the carve out have a meaning capable of being applied to "transactions concerning payments" within the exemption in article 13B(d)(3) (judgment, paragraph 28, last sentence). It then has to be decided whether the actual transaction in question falls within the exemption or the carve out, and this will depend on its precise facts.
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Lipkin Gorman (A Firm)(Original Appellants and Cross-Respondents) v Karpnale Ltd (Formerly Playboy Club of London Ltd) (Original Respondents and Cross-Appellants)
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In these circumstances, it is right that we should ask ourselves: why do we feel that it would be unjust to allow restitution in cases such as these? The answer must be that, where an innocent defendant's position is so changed that he will suffer an injustice if called upon to repay or to repay in full, the injustice of requiring him so to repay outweighs the injustice of denying the plaintiff restitution.
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Wallersteiner v Moir
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Dr. Wallersteiner obtained control of a public company, Hartley Baird Ltd., by means which were quite unlawful. He acquired 80% of the shares by using its own money. He operated by means of puppet concerns of his own making. All these he brought into his service to further his unworthy ends. His solicitors refused to act further for him. The Board of Trade has ordered an inquiry under the Companies Act. The liquidator of Camp Bird has brought proceedings against him.
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Bank Mellat v HM Treasury (No 2)
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The object of the direction, as the Treasury acknowledges, was to shut the Bank out of the UK financial sector, and that has been its effect. Before the direction, the Bank had a substantial international business, much of it international trade finance transacted through London.
While the courts will not usually require decision-makers to consult substantial categories of people liable to be affected by a proposed measure, the number of people to be consulted in this case was just one, Bank Mellat, and possibly also IRISL depending on the circumstances of their case. But the principle which required it is more than a principle of fairness.
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R v Panel on Take-overs and Mergers, ex parte Datafin Plc
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No one could have been in the least surprised if the Panel had been instituted and operated under the direct authority of statute law, since it operates wholly in the public domain. Its Code and rulings apply equally to all who wish to make take-over bids or promote mergers, whether or not they are members of bodies represented on the Panel.
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Ebrahimi v Westbourne Galleries Ltd; Re Westbourne Galleries Ltd
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The words are a recognition of the fact that a limited company is more than a mere judicial entity, with a personality in law of its own: that there is room in company law for recognition of the fact that behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se which are not necessarily submerged in the company structure.
- The Power to Award Degrees etc. (The London Institute of Banking & Finance) Order 2021
- National Westminster Bank (North Central Finance & Lombard Banking) Act 1971
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Companies Act 1947
......be exercisable— . . ( a . ) in the case of a banking company having a share capital,. on the like application as if the company ...(which specifies the reports as to the finances of the company and. of any business proposed to be purchased which are to ......
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Finance Act 2020
......S-33 . Surcharge on banking companies: transferred-in losses 33 Surcharge on banking companies: transferred-in losses . . (1) Chapter 4 of Part 7A of CTA 2010 (surcharge on ......
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Mediating effects of funding strategies and profit maximization: Indian non‐banking finance sector
Purpose: The mobilization of funds was severely affected with the linking of their funds mobilization to their internal owned funds. Therefore, the purpose of the study is to identify the mediating...
- Book Review: Brett Christophers, Banking across Boundaries: Placing Finance in Capitalism
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Banking on Women: Selection Practices in the Finance Sector
This article reports on research designed to explore recruitment, training and promotion practices in the banking and finance industry. In recent years, the initiatives of the major banks in the ar...
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European banking authority warns finance industry off virtual currencies.
...Financial institutions should avoid using digital currencies such as the bitcoin until further regulation is in place, the European Banking Authority (EBA) has warned. Although the EBA has identified potential benefits offered by these currencies--......
- Banking And Finance Update - November 2020
- CREDO - Banking & Finance Update - December 2017
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Banking and finance regulatory news, June 2020 #2
Recent regulatory developments focussing on banking and finance. This week reports on the EBA's consultation on draft RTS on the prudential treatment of software assets.
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Banking and finance regulatory news, June 2020 #4
Recent regulatory developments focussing on banking and finance. Includes updates relating to COVID-19 regulatory response, CRR, and more.
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Chapter CFM1130
...... . Where else can I look?. The Corporate Finance Manual (CFM) contains guidance on the corporation tax treatment of loan ...Banking. There are very few special rules on the taxation of corporate finance ......
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Chapter BLM71300
......The following steps are agreed in advance between the parties-a finance lessor which is part of a major banking group (Bank) and a finance lessee ......
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Chapter BLM15505
...... an asset (which TradCo itself identified and had arranged for the finance leasing member of the banking group to buy at a cost of £50,000). The ......
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Chapter BLM71010
...... is usually subsidiaries of banks which ‘lend’ the money via a finance lease. Non-banking groups flush with cash could also use the scheme. The ......