17 Apr, 2024 The CREFC Quarterly Market Sentiment Survey: an improved outlook for the real estate finance market By Laura Bretherton Nick Aird In March 2024, CREFC – the trade association for real estate lenders and the real estate finance market in Europe – published the results...
12 Apr, 2024 The Labour Party announces further reforms to the non-dom regime By Mark Hunter Paul Hardwick This week's announcements that the Labour Party plans on strengthening the current Government’s proposed reforms to the non-dom regime...
12 Apr, 2024 Two birds with one stone: Gambling Commission examines sanctions compliance alongside AML procedures By Lorna Emson Max Hobbs Helen Harvey Freddy Rendall +1 more... Show less On 4 April 2024, the Gambling Commission (the Commission) announced the imposition of a £582,120 fine on a major UK gambling company for...
11 Apr, 2024 Beware of the GDPR: why oral references are not risk free By Tabitha Al-Mahdawie Many employers rely on oral references to assess the suitability of candidates for a job, but a recent court ruling has confirmed that...
11 Apr, 2024 Publication of the UK Transition Plan Taskforce's sector guidance By Rachel Richardson Amelia Little TPT sector guidance published The Transition Plan Taskforce (TPT) is a UK initiative, launched by HM Treasury in March 2022, that aims to...
08 Apr, 2024 Sustainably-linked loans: navigating new Loan Market Association guidance for fund finance facilities By Adam Caines Natalie Liu As the financial sector stands at the crossroads of economic growth and sustainability, the Loan Market Association's (LMA) will hope...
03 Apr, 2024 Suspicious Activity Reports: signs of quality over quantity? By Lorna Emson Max Hobbs Freddy Rendall On 28 March 2024, the UK Financial Intelligence Unit (UKFIU) of the National Crime Agency published its annual statistical report...
02 Apr, 2024 AIFM hosting under FCA scrutiny By Harriet Miller Jack Engelberg The FCA last week published a webpage that is particularly relevant for private fund sponsors who use UK “host AIFMs” to manage their...
26 Mar, 2024 AIFMD II final text published in the EU's Official Journal By Samuel Brooks Michael Sholem Gavin Haran The final legislative text of the Alternative Investment Fund Managers Directive II (AIFMD II) was published today in the EU’s Official...
22 Mar, 2024 Regulatory relief: UK government introduces legislation to reverse Supreme Court judgment in PACCAR on litigation funding agreements By Kirstie Hutchinson Malcolm Hitching Jamie Macpherson Finlay Leggat +1 more... Show less On 19 March 2024, the Government introduced draft legislation in the House of Lords, in the form of the Litigation Funding Agreements...
21 Mar, 2024 The peculiar case of the arbitration that never was – UK Court overturns enforcement order after finding the underlying award was fabricated By Chloe Edworthy Chris Akka What happens when someone tries to enforce an arbitral award when the arbitration never happened? This was the question the Commercial...
18 Mar, 2024 UK AIFMD reforms: further divergence from the EU and a potential relaxation to smaller full scope AIFM requirements By Harriet Miller Gavin Haran On 1 March 2024, the FCA published a letter to CEOs of asset managers and alternatives firms, outlining its supervisory and regulatory...
13 Mar, 2024 UK EMIR – draft Q&As on reporting By William Sykes Robert Daniell Edward Karsten Background The Financial Conduct Authority (FCA) and the Bank of England (BoE) previously published Policy Statement (PS23/2) setting out...
07 Mar, 2024 FCA concludes its wholesale data market study By Emma Radcliffe Greg Dowell On 29 February 2024 the FCA published its final report on its market study into the supply of wholesale financial data in the UK. The...
06 Mar, 2024 Anti-financial crime controls: the FCA issues a call for action By Lorna Emson Max Hobbs Helen Harvey The Financial Conduct Authority (FCA) wrote a letter on 5 March 2024 to the Chief Executive Officers (CEOs) of “Annex 1” firms. These are...
05 Mar, 2024 Major changes proposed for FCA enforcement regime By Laura Bridgewater Madeleine Brown The FCA has launched a consultation on changes to its enforcement regime. If enacted, this will be the biggest shake up of the...