As asset managers adapt to the need to disclose their approach to climate-related financial risks, integrate sustainability risk...

The FCA has published its 2021/22 business plan. The publication of the plan was slightly delayed, which is perhaps unsurprising given...

On 8 July 2021, the European Commission (EC) informed the European Council that the implementation of level 2 of the Sustainable...

The temporary clearing exemption for pension scheme arrangements, set out in article 89(1) of EU EMIR (as amended by EMIR Refit), has been

The FCA has now provided its feedback on its first consultation papers on the new UK prudential regime for MiFID investment firms (IFPR)...

On Friday 4 June 2021 the Loan Market Association (LMA), European Leveraged Finance Association (ELFA) and Loan Syndications and Trading...

The financial trade press (e.g. see Financial News) is reporting that certain EU regulators have questioned the ability for a UK firm to...

In November 2020, the EU Code of Conduct Group submitted a report to the Council of European Finance Ministers stating that the economic...

A recent FT Alphaville article considers the state of play in the ongoing transition from LIBOR and usefully focuses on the market...

The FCA has published its long awaited consultation on the creation of a Long Term Asset Fund (LTAF). The LTAF is an open-ended...

The FT has reported that Ares have raised an €11bn fund.  According to Prequin this will be Europe’s largest fund of its type. In...

The recently established SEC climate and ESG task force published its first risk alert on 9 April. The alert highlights the task force’s...

Regulators in the UK, the EU and globally are considering liquidity risk management in open-ended funds. Following a number of perceived...

The European Supervisory Authorities (ESAs) are currently consulting on the proposed regulatory technical standards (RTS) on the content...

The Brexit Trade and Cooperation Agreement did not specifically address financial services. However, the EU and the UK did commit to...

EU law – current law

EMIR, as amended by EMIR Refit, provides that certain pension scheme arrangements are temporarily exempt from the...