07/06/2021
What does Brexit mean for tax havens and the City of London?
The words ‘competitive advantage,’ or ‘competitiveness’ when applied to a financial sector, are clear warning signals for those of us who look closely at these things.
Legal, Regulation & Compliance
07/06/2021
FCA consults on reforms to improve the effectiveness of UK primary markets
The FCA’s suggested reforms seek to address, and build, on the proposals in these important reviews to ensure that the UK remains an attractive place to grow and list successful companies.
07/06/2021
New law opens gates for institutional crypto investment in Germany
The new law could facilitate a massive influx of German financial capital into the crypto industry, with some analysts speculating this latest move will open the door to $415B in potential investment in cryptocurrencies.
07/06/2021
Delta spells new risk dimension for markets
Beyond investors’ fears of runaway inflation potentially triggering a premature hike in interest rates, the fast-spreading variant now poses a threat worth watching for economic recoveries and financial markets.
07/06/2021
Diary of a fund Manager - Market warming
Starting in the US, the monthly employment report was well received by all.
07/06/2021
Carey Olsen advises Clarion Partners Europe on €882 million sale of logistics portfolio
The transaction is one of the largest European real estate deals this year.
07/06/2021
Binance payments blocked by Barclays
The banking giant said customers will no longer be able to make credit or debit card payments to the crypto exchange following its ban by the FCA last week
07/06/2021
Regulator's AoV review an 'uncomfortable read' for fund managers
“Value managers will also sit up and take note that the FCA took a seemingly dim view of citing investment style as a long-term ‘get out of jail free’ card for relative underperformance.
07/06/2021
Authorised fund managers’ assessments of their funds’ value
All AFMs should review our findings and assess the quality of analysis and decision making within their own processes and the judgements
07/06/2021
COVID-19: Lifting of working from home guidance in England
On 5 July the Government published the COVID-19 Response: Summer 2021 setting out the details of the final roadmap step 4 as England transits out of lockdown.
07/05/2021
Documents and testimony contained in request for indictments
The Promoter of Justice presses charges against Msgr Carlino, Crasso, Di Ruzza, Marogna, Mincione, Squillace, Tirabassi, Torzi, Brülhart and Cardinal Becciu. A synthesis of the 500 pages of documentation presented by the prosecution follows.
07/05/2021
London Court of International Arbitration (LCIA) reports record caseload for 2020
The busy year reported by the LCIA in 2020 is consistent with activity levels at other major arbitral institutions
07/05/2021
Changes to Takeover Code on Conditions to Offers and Offer Timetable
There is now a single “unconditional date” for the satisfaction of all conditions
07/02/2021
A UK MiFID II “Quicker Fix”: UK Quick Fix SI amends UK MiFID II regime from 26 July 2021
The changes are summarised below, alongside an initial view on divergences from the EU MiFID II Quick Fix.
07/02/2021
European Commission proposes revisions to consumer credit rules
The proposal updates both the existing General Product Safety Directive as well as the EU rules on consumer credit to safeguard consumers.
07/02/2021
EU Securitisation Repository reporting now required
Pending the registration of a securitisation repository, SECR required the reporting to be performed via a website satisfying the requirements set out therein.
07/02/2021
Govt looks to scrap 10 per cent drop rule
The 10 per cent drop rule was introduced as part of Mifid II but it was put on hold at the start of the pandemic due to increased market volatility.
07/02/2021
Help for UK professionals and firms to deliver services overseas
But advisers hoping it will re-open the door to the EU are likely set for disappointment
07/02/2021
Govt 'delusional' over online scams, says former IFA
A regulator-based registrations database for all advertisers that are planning to use any online platform for advertising purposes
07/02/2021
Upper house of parliament approves law to implement EU anti-tax avoidance directive
The 1 January 2020 retroactive effective date for the anti-hybrid rules is causing concern for taxpayers and their advisors.