05/13/2021
Latham & Watkins Advises on THG's US$1 Billion Capital Raise
London corporate team represents the bookrunners in a capital raise by UK ecommerce and technology company THG.
Legal, Regulation & Compliance
05/13/2021
Ashurst advises Norddeutsche Landesbank
The German private equity investor HANNOVER Finanz acts as equity provider for medium sized enterprises in the D-A-CH region.
05/13/2021
Ashurst advises Ardian Private Debt, Bank of Ireland and NIBC Bank
Ashurst regularly provides advice on acquisition financings and refinancings in the German care market.
05/13/2021
Access to cash FCA and PSR joint statement
The overall decline in the use of cash makes it more expensive to maintain the existing infrastructure that supports it.
05/13/2021
Guernsey Update: New Plans for Bringing Partnerships in Scope of Economic Substance Rules
These changes will be most relevant to the funds industry in Guernsey
05/13/2021
Do we need ‘public money’? - speech by Jon Cunliffe
The Bank of England has issued banknotes for over 300 years. Jon Cunliffe talks about future of money in the UK in an increasingly digital world.
05/13/2021
Financial Regulation: Daily Update
The FCA has updated its statement on the firm handling of complaints during Covid-19 to state that, as of 1 May 2021, the statement is no longer in force.
05/12/2021
Luxembourg CSSF Publication Of Guidance On Teleworking
The CSSF also confirms that the circular does not create any precedence for employees to claim a right to remote working
05/12/2021
Share-Capital Reductions in Ireland
Where a director makes the above declaration without reasonable grounds, certain parties (including creditors or liquidators) may apply to court to hold directors who made the declaration personally liable for all or any of the company’s debts.
05/12/2021
Ashurst advises Equitix
Following a competition across the bank and PP market, Macquarie Asset Management was selected as sole lender providing facilities separately into each Fund, in both RPI and SONIA format.
05/12/2021
Shall we summer in Saint Tropez, darling? Ban for non-essential travel into the EU to be lifted soon
The Commission proposes to lift travel restrictions for people who have received the last recommended dose of an EU-authorized vaccine at least 14 days before arrival to the EU.
05/12/2021
Financial Regulation: Daily Update
The FCA has updated its webpage on the business interruption (BI) insurance test case in relation to insurer claims data.
05/11/2021
FNZ takes aim at CMA’s ‘inconsistent’ approach
The CMA’s original phase two decision, found that FNZ selling the entire GBST business was necessary to address its competition concerns.
05/11/2021
Financial Regulation: Daily Update
The Regulations will come into force on 1 June 2021.
05/11/2021
RegTech: The limits of goodness
The market for ESG funds has grown enormously
05/11/2021
Harneys Banking and Finance partners featured in IFLR1000’s Women Leaders 2021 guide
This year’s IFLR1000 Women Leaders guide features the most prominent female lawyers from various jurisdictions
05/11/2021
Points to note from TPR’s Climate Change Strategy
The vast majority of schemes, big and small, are already required to report on how they incorporate financially material factors (including ESG) into their investment strategy and on their stewardship activities.
05/11/2021
Cyprus investment firm banned from UK over 'significant money losses'
As a result of FXBFI's activities, "some customers have lost very significant sums of money".
05/11/2021
Law firm sets up UK wealth management service
It will provide advice on a range of issues including succession planning and cross-border estates EmailFacebookTwitterLinkedInPrint
05/11/2021
FCA revises position on EBA outsourcing guidance deadlines
The FCA said: “Firms are not expected to report to us on their progress towards meeting the timeline of 31 December 2021 in the EBA guidelines regarding legacy outsourcing arrangements.