03/10/2021
Growing reach: Eversheds Sutherland Switzerland opens an office in Zug
We believe in the potential of many innovative companies in the Crypto Valley and are excited to link them to other jurisdictions within our global network.
Legal, Regulation & Compliance
03/10/2021
LIBOR cessation: demystifying the switch to risk-free rates
Market participants should consider whether FCA’s latest announcement constitutes a pre-cessation or cessation trigger under their LIBOR-linked contracts.
03/10/2021
Six things to know about flexible legal staffing in 2021
More in-house teams are using interim lawyers to access tech and innovation know-how
03/10/2021
Ogier assists £300 million Hillview Real Estate fund with acquisition
Individual investments are expected to range between £10 million and £25 million and provide significant scope for value enhancement through active asset management, including repositioning of properties and restructuring of leases.
03/10/2021
Collas Crill Advises Team on Successful Admissionn to the London Stock Exchange
8,523,334 shares were subscribed for in connection with the placing and TEAM intends to use the proceeds to fund its acquisition-driven strategy.
03/10/2021
The UK's Investment Screening Regime is Coming - What Should Businesses be Doing Now?
This alert sets out an important reminder of what businesses need to be considering now in the context of this new screening regime; particularly in light of its retrospective nature.
03/09/2021
Financial Regulation: Daily Update
The UK Government has announced that auctions for the UK ETS are due to commence as soon as is feasible and no later than Q2 2021.
03/09/2021
‘I’m Innocent,’ UBS Bankers Say as $5 Billion Appeal Starts
‘I’m Innocent,’ UBS Bankers Say as $5 Billion Appeal Starts
03/09/2021
Regulating bidding for Emissions Allowances under the UK Emissions Trading Scheme
We propose how we will authorise and supervise certain firms intending to bid for emission allowances on the UK auction platform.
03/09/2021
New UK national security regime to be in place by the end of 2021
Under the Bill, where qualifying entities (typically target companies) operate within specified sectors, a notification must be made to BEIS before any transaction involving that entity can complete.
03/09/2021
Locking down market abuse
Speech by Mark Steward, Executive Director of Enforcement and Market Oversight, delivered at the Expert Forum: Market Abuse 2021.
03/09/2021
After 2020 surge, European bank M&A poised to enter 'bull market'
Deal-making picked up in 2020 with some of the biggest bank mergers seen in recent years, as well as a slew of minority stake and asset sales.
03/09/2021
The Bahamas Removed from the French List of Non-Cooperative States and Territories in Tax Matters.
The French Government has imposed a number of sanctions on blacklisted countries, including applying withholding taxes at a higher rate on financial transactions involving blacklisted countries.
03/09/2021
Regulator denies Jersey is “back door" after disgraced financier announces local venture
The head of Jersey’s financial watchdog has said that a disgraced fund manager’s attempts to start a new venture in Jersey have led to the impression that the island can be used as a “back door."
03/09/2021
Reforms to UK listing rules on the horizon: retaining London’s competitive advantage
The suggestions include both short and longer term proposals and are considered as part of a regular process
03/08/2021
FCA: Announcements on the end of LIBOR
Based on undertakings received from the panel banks, the FCA does not expect that any LIBOR settings will become unrepresentative before the relevant dates set out above.
03/08/2021
UBS heads into record 4.5 bln euro French tax case appeal
The bank has denied any wrongdoing. It has so far set aside a tenth of that amount, or 450 million euros, to cover the penalties.
03/08/2021
Jersey financial regulator attacks Neil Woodford’s relaunch plan
Channel island vows to uphold strong protections for fund investors
03/08/2021
Amendments to Personal Data Protection Act
This round of amendments will introduce significant change to the existing data protection regime in Singapore, which bring it closer in line with higher global standards.
03/08/2021
Key Financial Services trends from 2020
Both plans set out operational and financial resilience as key priorities during a time of turbulence; the regulator has since worked with firms to review their contingency plans and survey their financial stability.