07/15/2022
Doubts over UK Online Safety Bill should not delay business preparations
The system of regulation proposed under the Online Safety Bill would introduce obligations on online service providers based on categorisation of risk.
Legal, Regulation & Compliance
07/15/2022
Gibson Dunn Recognized in Chambers High Net Worth 2022
The firm was recognized with a top tier ranking in China: Private Wealth Disputes.
07/14/2022
Carey Olsen and Highvern lead on launch of Capital Pilot's systematically driven venture capital fund for UK startups
Carey Olsen acted as lead counsel to Capital Pilot on the fund launch
07/14/2022
Esma issues LEI positioning statement
In particular, in third-country jurisdictions LEIs are not widely mandated beyond dealers of derivatives, therefore a significant number of issuers still do not have an LEI.
07/14/2022
Irish competition law: changes will strengthen enforcement
The amendments will go further towards aligning Ireland with European and international best practice for effective antitrust and merger control enforcement.
07/14/2022
Germany drops contracts for difference from amended Wind Energy at Sea Act
The amendment that has now been adopted no longer includes the possibility of tendering centrally pre-examined areas via CfDs.
07/13/2022
Strategic Merger for Thrings Solicitors
Thrings strengthens agriculture and private client teams in merger with Okells FrancisLaw
07/13/2022
Ashurst advises HPS on a growth financing
HPS is based in Berlin, Germany
07/13/2022
FCA consults on functioning of equity secondary markets
It also supports the objectives set out in the FCA’s Strategy 2022‑2025 and Business Plan which included a commitment to strengthen the UK’s position in wholesale markets, including developing proposals to improve the functioning of equity sec
07/13/2022
Addleshaw Goddard: Financial Services & Banking News
The first set of guidelines contain the minimum instructions that NCAs should provide to market participants for submitting their applications to them.
07/13/2022
MPs hit out at Government’s ‘chop and change’ economic plans and warn growth strategy lacks vision
The Treasury Select Committee urges ministers to tackle skills shortages made worse by long Covid
07/12/2022
Central Bank of Ireland overhauls QIAIF pre-submission process
Most QIAIFs are given fast track approval by the CBI, under which it authorises a QIAIF in 24 hours without reviewing the fund documents.
07/12/2022
Ashurst advises lenders on financing the acquisition of VINCORION
STAR Capital with headquarters in London was established in 1999 and is a private equity firm focused on building and developing businesses around strategic assets in Western Europe.
07/12/2022
Saffery Champness wins at eprivateclient Excellence Awards 2022
Recognising the efforts and initiatives of Saffery Champness across its offices in Guernsey and Switzerland, the judging panel noted the firm had “demonstrated many achievements over the past 12 months.
07/11/2022
FATF Compliance – EU Confirms no Additional AML-CFT Measures for Cayman
The EU will initiate steps to delist the Cayman Islands once FATF removes the Cayman Islands from its list of jurisdictions under increased monitoring.
07/11/2022
EU Cohesion Policy: more than €1 billion for Cyprus for economic and social development and a fair green transition in 2021-2027
Following adoption of the Partnership Agreement, the single operational programme and the Just Transition Plan for Cyprus, the EU will invest a total of more than €1 billion in the country between 2021 and 2027.
07/08/2022
FCA Identifies “Clear Rationale” for Regulating ESG Data and Ratings Providers
The FCA emphasised the increasing prevalence of providers and the potential harm from lack of regulation in this area.
07/08/2022
EU reaches agreement on European crypto asset regulatory rules
The rules are aimed at protecting consumers against some of the risks related to crypto assets investment and helping them to avoid fraudulent schemes.
07/08/2022
Greenwashing in the European financial services sector
Greenwashing is a form of marketing which conveys a false message because it provides misleading information as to the sustainability of a particular product or service.
07/08/2022
UK’s ‘unsustainable’ debt could reach 320% of GDP in 50 years, OBR warns
Taxes ‘must be raised to offset mounting cost of ageing population and falling fuel income’