09/16/2021
Digital-asset leaders call for regulatory harmony between fintechs and banks
Funds Europe’s ‘Digital transformation of the funds industry’ webinar featured representatives from both the old and new investment worlds.
Legal, Regulation & Compliance
09/16/2021
Family Limited Partnerships for US connected families in the UK
An FLP is typically transparent for income tax in the US and UK and for UK CGT.
09/16/2021
FCA and TPR outline a framework for value for money in defined contribution pension schemes
DC savers can only maximise their retirement income if their scheme delivers value for money.
09/16/2021
Macfarlanes advises J O Hambro Capital Management
The Macfarlanes team for this matter was led by investment management partner Lora Froud with assistance from solicitors Tiffany Cox and Emma Garnham.
09/16/2021
Financial Regulation: Daily Update
A feedback statement, setting out next steps, will follow in 2022.
09/16/2021
Relocation Employees to Ireland - A Reference Guide for Employers
Occupations include information communication technology professionals, scientists, engineers and business administration and research professionals including, for example, tax consultants and accountants.
09/15/2021
Wills and Estate Administration for Non-UK Residents
Following the tax changes over the last few years on UK residential properties, there has been a mass de-enveloping of UK residential properties held in trusts and offshore companies, a significant proportion of which are now held in individual names.
09/15/2021
Carey Olsen advises on £55 million sale of Trafalgar Court
The deal was undertaken via the sale of all of the issued share capital of a special purpose vehicle wholly owned by Stenprop.
09/15/2021
FSCS uncovers 400 adviser phoenixes at CMC firms
It said there were further cases it was currently working through.
09/15/2021
Consumer Investments: Strategy and Feedback Statement
We set out our view of consumer harm in this market and our 3-year strategy to address this.
09/15/2021
German Federal Court of Justice decision: Finally more legal certainty regarding influencer marketing
Now the German Federal Court of Justice had the opportunity in three similar cases to deal with the open questions.
09/15/2021
Further CRS powers in Guernsey
The Bulletin issued on 13 September can be found here.
09/15/2021
Another step in the transformation of the FCA: Using the new cancellation and variation power
The RDC will follow the warning notice and decision notice procedure set out in DEPP.
09/15/2021
Financial Regulation: Daily Update
Under the strategy, the FCA has set out a number of targets to be reached by 2025
09/15/2021
Property scheme director banned for 9 years
More than £4.7m was raised from high net worth and ‘sophisticated’ investors EmailFacebookTwitterLinkedInPrint
09/15/2021
BofE warns banks about regulatory reporting failures
Firms have not prioritised investment in regulatory reporting, focusing on "tactical fixes" and relying on "significant manual intervention to fill data and system gaps," leading to a higher risk of errors.
09/14/2021
Crypto ETF assets treble as investors take risks
Regulators and advisers are divided on digital currency and ‘inverse’ funds
09/14/2021
Investment funds: new rules for distribution and pre-marketing in Germany
Germany has extended the concept to semi-professional investors.
09/14/2021
Clifford Chance advises Ohpen
The funds will be directed towards expansion efforts into markets such as the UK and deepening Ohpen’s market-leading functionality.
09/14/2021
UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.