Dec 04, 2023 Don’t fall asleep at the wheel: the role of directors in the current markets By Jatinder Bains Paul Keddie Lois Horne Katherine Hensby +1 more... Show less On Thursday 9 November, Macfarlanes hosted a webinar which focused on the role of directors and in particular navigating those stresses...
Nov 20, 2023 AIFMD II - Final compromise text published By Gavin Haran Samuel Brooks Michael Sholem Shang-Hsuen Koh +1 more... Show less The “final text” of the amending directive (AIFMD II) on the amendment of Directive 2011/61/EU on alternative investment fund managers...
Oct 09, 2023 Penalising default interest: a spotlight on the bridging loan market By Adam Caines Laura Uberoi Christian Anthony Rachael Preston Katherine Hensby +2 more... Show less Earlier this year, the High Court ruled that a clause in a loan agreement which imposed a default interest rate of 4% per month...
Sep 19, 2023 SFDR 2.0: pivoting in the direction of UK SDR? By Lora Froud Tiffany Cox Emma Garnham Gavin Haran +1 more... Show less On 14 September 2023, the European Commission published a targeted consultation questionnaire to gather feedback prior to proposing...
Aug 17, 2023 ISDA amends the notices, force majeure and illegality provisions of the ISDA Master Agreement By Christine Long William Sykes ISDA have published a set of amendments to the ISDA Master Agreement (the ISDA MA) following the Covid-19 pandemic and sanctions on...
Jul 26, 2023 Greenwashing to greenhushing - key takeaways By Rachel Richardson Tiffany Cox Praveen Gopalan Emily Batchelor +1 more... Show less As part of the Net Zero Lawyer’s Alliance's (NZLA) programme for London Climate Action Week, Macfarlanes held a panel session titled...
Jun 08, 2023 FCA plans response to dissatisfaction of whistleblowers By Helen Carter Daniel Fisher Madeleine Brown In May, the FCA published its findings from a qualitative assessment survey it conducted back in January 2022 to explore the experiences...
May 17, 2023 Enforcement crackdown on use of unauthorised communication channels continues By Lorna Emson Helen Carter Madeleine Brown As we wrote about in more detail in our recent article, employee use of personal communications channels for work purposes has become a...
Apr 20, 2023 PRA takes enforcement action under the Senior Managers & Certification Regime By Dan Lavender Daniel Fisher Madeleine Brown The Prudential Regulatory Authority (PRA) has issued a fine against an individual under the Senior Managers & Certification Regime...
Feb 03, 2022 ESMA’s briefing on tied agents: UK managers in the firing line? By Gavin Haran ESMA’s supervisory briefing on supervisory expectations in relation to firms using tied agents in the MiFID II framework will be...
Feb 02, 2022 FCA’s views on operational resilience: are you ready for 31 March 2022 deadline? By Macfarlanes Banks, insurers and enhanced-scope SMCR firms will have to comply with the operational resiliency requirements that come into force on 31...
Sep 29, 2021 The ISDA 2021 EONIA Collateral Agreement Fallbacks Protocol By Robert Daniell The European Overnight Index, or EONIA, is due to permanently cease to be published from 3 January 2022, as EONIA does not meet the...
Jun 14, 2021 How secure are secured liabilities? By Laura Uberoi Rosie Marriott When finances become distressed, creditors examine all avenues to recover their debt which can result in any intercreditor agreements...
Mar 09, 2021 Derivatives margin – UK launches consultation for proposed changes By Edward Karsten Following recent changes to EU law regarding derivatives margin and clearing and indications by the UK’s Prudential Regulation Authority...
Dec 29, 2020 The UK/EU free trade agreement: 10 points for financial services firms By Tim Plews With a free trade agreement between the UK and the EU agreed on Christmas Eve, there is now more visibility on the regulatory landscape...
Nov 17, 2020 “Strong and simple”: UK banks after 2021 By Tim Plews Last week, Sam Woods, CEO of the Prudential Regulation Authority (PRA) gave a speech on the regulatory architecture for UK banks...