12/03/2021
AG Data & Privacy News
The ICO has also issued a provisional notice to prevent Clearview from processing the personal data of people in the UK and to force the company to delete its existing UK data.
Legal, Regulation & Compliance
12/03/2021
Financial Service & Banking News
The supervisory statement aims to assist competent authorities (CA) to supervise the implementation of IDD POG Delegated Regulation ((EU) 2017/2358) (POG rules) by manufacturers and distributors in ensuring that products are aligned with the target market
12/03/2021
Crypto firms – navigating the UK MLR registration regime
In order to allow firms to continue trading while their applications are being assessed, the FCA introduced a Temporary Registration Regime (TRR) for existing cryptoasset businesses.
12/03/2021
France: Supreme administrative court rules on foreign tax credits for certain capital gains
The court ruled that the 12% “add-back” must be seen as a way to tax capital gains at a reduced rate rather than a means of neutralizing the deduction of expenses incurred for the purpose of acquiring/sustaining a tax-exempt income.
12/03/2021
Ogier ranked among Luxembourg's top law firms
In its 2022 edition, the international rating agency has also singled out eight individuals from Ogier for recognition: William Jean-Baptiste, François Pfister, Benoit Rose, Bertrand Geradin, Laurent Thailly, Daniel Richards, Jad Nader, Hél&
12/02/2021
Meyado Private Wealth Management UK in liquidation
Financial Services Compensation Scheme says people may be eligible to claim redress
12/02/2021
Financial Regulation: Daily Update
The FCA says it will consider this feedback alongside that received to its joint Call for Input with The Pension Regulator (TPR) on the Pensions Consumer Journey.
12/02/2021
Consumer warning on Grosvenor Associates Ltd
Customers are also advised when considering an investment to check both that they are dealing with a firm that is authorised and that the firm holds investment permissions.
12/02/2021
Financial Service & Banking News
The FCA is proposing to increase the minimum fee from £1,151 to £2,200 as a reflection of the costs associated with the authorisation and supervision of 51,000 firms throughout the UK.
12/02/2021
No excuse for SFDR Article 9 passives to invest in high polluters, Danish regulator warns
The Danish FSA has drawn its line in the sand on SFDR Article 9 ahead of the implementation of phase two
12/02/2021
EU Commission fines UBS, Barclays, RBS, HSBC and Credit Suisse
The Commission has adopted today a decision imposing a total fine of € 261 million
12/02/2021
Carey Olsen advises RBS International on Triton's €1.455bn ESG-linked financing facility
The facility structure is intended to be replicated across future Triton funds, providing a common set of strategic targets that will catalyse the delivery of Triton's overall sustainability goals and objectives.
12/02/2021
Tracking Hackers: Court Considers Crypto Fraud
In addition to seeking the injunctions against the fraudsters, the claimants applied for disclosure orders, under the Bankers Trust and Norwich Pharmacal principles, against the Binance entities to discover the identity of the fraudsters.
12/02/2021
UK Financial Conduct Authority Confirms New Listing Rules To Boost Growth And Innovation On UK Stock Markets
The FCA has today confirmed a series of rule changes to ensure that the UK’s public markets remain a trusted and attractive place to list successful companies, providing opportunities for companies to grow from which investors will benefit.
12/02/2021
Mayer Brown advised LBO France on the acquisition of a majority stake in ID Market and Sourcidys
ID Market and Sourcidys are leading BtoB and BtoC distributors of home & garden products in France.
12/01/2021
Offshore SPACs Listing on the London Stock Exchange
The Hambro Perks SPAC is a Guernsey company. Companies formed in Guernsey, Jersey, the Cayman Islands, the BVI and Bermuda (“Offshore”) all have similar benefits making them attractive as SPACs for listing on the LSE, which are summarised in t
12/01/2021
Financial Regulation: Daily Update
Under the new proposals the minimum fee would increase from £1,151 to £2,200. In addition, the FCA is proposing changes to the calculation of consumer credit firm fees to bring them more into line with other firm fees.
12/01/2021
Launch of Digital Regulation Cooperation Forum technology horizon scanning programme
the ICO’s Regulatory Sandbox, Innovation Hub and wider technology programme
12/01/2021
Important update for owners of French property: changes to succession law in France
This may have involved making an election in your Will to have the law of your nationality apply to your estate.
12/01/2021
Eversheds Sutherland launches SQE Academy
A new route to legal qualification