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Legal, Regulation & Compliance

02/01/2019

ESMA issues statement to address upcoming EMIR Refit implementation issues test

Given that the EMIR Refit negotiations have not been finalised, it is yet not known when the resulting text is expected to start applying, potentially after the phase-in for Category 3 counterparties expires.

02/01/2019

Dentons advises Hines Poland on the sale of Graffit office building

Paweł Dębowski, Chairman of Dentons’ Europe Real Estate group supervised the project.

02/01/2019

EU and UK regulators agree Brexit deal for asset managers

The agreement has been long awaited by UK asset managers, as it is needed to ensure the continued practice of “delegation”, which allows funds to be domiciled and regulated in another EU country.

02/01/2019

Italian govt wants to separate commercial lenders from investment banks

Speaking to the parliament’s lower house Di Maio also said that if the government needs to enter the capital of troubled Banca Carige it would take control of the lender.

01/31/2019

FCA proposes new rules on reporting GI value measures data

The consultation also proposes that firms must use the value measures data when considering whether their products offer value to their customers.

01/31/2019

Treasury in firing line in latest RBS lawsuit

The £100 million High Court action concerns the role played by the Asset Protection Agency, the government department that insured toxic loans by RBS.

01/31/2019

Former pension minister warns UK expat state pensions remain at risk from Brexit

As things currently stand, UK expatriates’ state pensions will only see inflation-linked increases if European countries reciprocate.

01/31/2019

World bank, Germany to work jointly on African development

BMZ will provide significant additional financial support through the partnership

01/31/2019

Treasury in firing line in latest RBS lawsuit

The £100 million High Court action concerns the role played by the Asset Protection Agency, the government department that insured toxic loans by RBS.

01/31/2019

Building a regulatory framework for effective stewardship - FCA

This DP is relevant to FCA-regulated asset management firms and life insurers.

01/31/2019

Consultation on proposals to improve shareholder engagement - FCA

The Directive comes into effect in June 2019 and, assuming a transition period for EU Withdrawal is agreed

01/31/2019

Fiduciary Management: Improvement Through Competition? by Gowling WLG

The CMA describes itself as the UK's primary competition and consumer authority, with responsibility for carrying out investigations into, among other things, regulated industries, and enforcing competition and consumer law.

01/31/2019

Barclays' lawyers did not object to £322m fees paid to Qatar, court told

Bank’s legal team said to have ‘persuaded themselves’ that agreement in 2008 was lawful

01/31/2019

Significant Royal Court ruling for lenders and creditors in Jersey

Re Powell concerned how much a Tenant would have to pay, and for what, in order to be confirmed by the Court as the Tenant.

01/31/2019

No deal Brexit could see up to 250,000 British expats return to the UK

The Department for Work and Pensions has a more optimistic assessment of the likely influx and is projecting that around 50,000 expats would return home if there is no deal.

01/31/2019

Europe's fintech companies are preparing for a no-deal Brexit

Fintech firms are proactively applying for licenses in EU countries ahead of the Brexit deadline.

01/30/2019

Manchester Law Firm Opens London Office

The firm is also looking to acquire a London law firm to support its anticipated growth.

01/30/2019

Ex-Merrill Lynch VP Launches IFISA to Fund Individual Claims Against Banks and Companies

Investors will ultimately be assisting those who may have been wronged by banks, institutions or individuals

01/30/2019

Who's Who Legal Awards

Firm of the Year 2018: Hogan Lovells

01/29/2019

Steven Gerrard sues HSBC for £100m over tax schemes

Rangers manager Steven Gerrard is taking legal action against his wealth manager following a crack down on tax avoidance schemes.

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