Premier Banking Law News and Insights

On October 18, 2018, FERC accepted Southwest Power Pool's ("SPP") tariff revisions to implement a major maintenance cost component for mitigated start-up offers and mitigated no-load offers.  FERC found SPP's proposal to be a just and reasonable means of addressing concerns over the recovery of costs resulting from the gradual...

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The UK Government Treasury proposed draft statutory instruments ("SIs") to ensure that, in the event of a "no-deal" Brexit, the current legal framework for the derivatives market and ring-fencing regime remains effective. One SI would transfer the current functions and responsibilities of the European Securities and Markets Authority for OTC derivatives, central...

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The 2017 Tax Cut and Jobs Act included significant new tax benefits for investments in qualified opportunity zones. Specifically, taxpayers can defer tax recognition on capital gains when the gains are reinvested in a qualified opportunity fund, which is a partnership or corporation that invests in qualified opportunity zones. In...

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