Jul 31, 2019 Let me explain… the NCA obtains a fourth unexplained wealth order By Neill Blundell Max Hobbs On 24 July 2019 the National Crime Agency (NCA) obtained its fourth unexplained wealth order (UWO), which it announced on 31 July 2019....
Jul 30, 2019 Who, me? The Criminal Court of Appeal gives its backing to the "identification principle" By Neill Blundell Max Hobbs The Criminal Court of Appeal has given its support to the "identification principle" in its judgment dated 23 July 2019 in the case of R...
Jul 29, 2019 New PM plans a radical rewrite of the UK immigration system to ease post-Brexit labour shortages By Edward Reed The UK's new Prime Minister, Boris Johnson, has honoured his pledge to explore an "Australian style points-based system" as part of a "a...
Jul 26, 2019 FCA publishes final rules on the extension of the Senior Managers and Certification Regime By Macfarlanes The Financial Conduct Authority (FCA) has today published its final rules on the extension of the Senior Managers and Certification...
Jul 25, 2019 Safety and culture change in the construction industry By Mark Lawrence The Industry Safety Steering Group ("ISSG") for building safety - chaired by Dame Judith Hackitt - recently reported on its findings on...
Jul 25, 2019 FCA provide update on evaluation of RDR and FAMR By Lora Froud Alexandra Green Michael Sholem The Financial Conduct Authority (FCA) issued a call for input in May as part of the evaluation of its Retail Distribution Review (RDR)...
Jul 25, 2019 FCA "Dear CEO" letter to wealth managers By Alexandra Green The Financial Conduct Authority (FCA) has published its latest “Dear CEO” letter to wealth managers setting out its priorities and the...
Jul 23, 2019 Under control? Developments in the IR35 cases By Lucy Urwin Earlier this month, the Upper Tribunal heard an appeal against the First-tier Tribunal’s (FTT's) 2018 decision that former Look North...
Jul 23, 2019 Phase 5 IM relief: BCBS/IOSCO today announced its recommendation to split the IM phase 5 implementation over a two-year period By Macfarlanes The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) today issued a...
Jul 22, 2019 How to solve the problem of illiquid assets and open-ended funds By Lora Froud The "liquidity mismatch" question - the role (if any) that illiquid assets should play in the investment portfolios of open-ended funds -...
Jul 19, 2019 Unexplained Wealth Orders evolve as the NCA obtain new UWOs based on serious crime By Neill Blundell Max Hobbs On Friday 12 July the National Crime Agency (NCA) obtained a new set of Unexplained Wealth Orders (UWOs) targeting the £10m property...
Jul 19, 2019 Wellbeing in student accommodation By Sindhuja Shriananda On Monday, the British Property Foundation (BPF) held a panel discussion about wellbeing in student accommodation, the effect of...
Jul 18, 2019 The subject of the UK's second DPA is revealed By Neill Blundell Max Hobbs On 16 July 2019 the identity of the anonymous counterparty to the second ever deferred prosecution agreement (DPA) agreed by the Serious...
Jul 17, 2019 New AIFMD pre-marketing rules to take effect in 2021 By Stephen Robinson New EU rules regulating the pre-marketing of private equity, credit, real estate, hedge and other alternative investment funds (AIFs)...
Jul 15, 2019 Surprise "leaving" measure for intra-group EEA transfers By Macfarlanes One of the surprise inclusions in last week’s suite of Finance Bill 2019-20 announcements was a proposal to allow corporation tax...
Jul 12, 2019 And meanwhile in the UK, activism meets SPAC By Macfarlanes Special purpose acquisition companies (SPACs) are a common type of investment fund used in the US, but they also exist in the UK and can...