Jan 27, 2023 The UK’s upcoming Retail Disclosure Regime: what should firms disclose in the meantime? By Gavin Haran PRIIPs is dead; long live the Retail Disclosure Regime. The Chancellor announced on 9 December 2022 that the Government will revoke the...
Dec 14, 2022 Will the Edinburgh Reforms make a difference? By Alexandra Green Michael Sholem Gavin Haran On 9 December, the Chancellor announced a package of over 30 reforms to the UK’s financial regulations, an attempt to achieve the biggest...
Nov 29, 2022 A new dawn for EU "substance" requirements? By Gavin Haran At the Irish Funds’ UK symposium on 24 November, the Central Bank of Ireland’s (CBI's) Derville Rowland made an ominous remark in her...
Oct 20, 2022 EU reaches positive agreement on ELTIF reforms By Samuel Brooks Gavin Haran Tiffany Cox Negotiations have concluded between the European Council and the European Parliament on changes to the European Long Term Investment Fund...
Oct 13, 2022 Nature based climate solutions and the LSE’s Voluntary Carbon Market By Rachel Richardson Climate scientists now believe that there is a 50% probability of the earth’s average temperature exceeding 1.5 degrees celsius above...
Jul 27, 2022 DWP consults on new funding and investment regulations By Camilla Barry George Mitkov The Pension Schemes Act 2021 introduced new requirements for DB schemes to: develop a funding and investment strategy that ensures that...
May 27, 2022 Tax rule change may encourage UK investment managers to hold cryptoassets By Rebecca Rose As trailed by the Treasury back in April, HMRC has published a consultation on expanding the list of “investment transactions’” which...
May 19, 2022 An EU retail passport for alternative funds? By Gavin Haran Lora Froud The EU’s review of the Alternative Investment Funds Management Directive, or AIFMD 2, is underway. The EU’s institutions are currently...
Mar 01, 2022 Overseas Funds Regime: "live" but not yet kicking By Lora Froud Gavin Haran The Government has made and published Regulations that brought the Overseas Funds Regime (OFR) into effect from 23 February 2022. This is...
Feb 21, 2022 Next steps for UK funds regime review By Rhiannon Kinghall Were On 10 February 2022 HMT published its formal response to its review of the UK funds regime and set out a series of actions it is planning...
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...
Jan 24, 2022 Asset valuation: EU managers under scrutiny By Sandeesh Shah ESMA has announced that it is launching its third common supervisory action (CSA) on the EU asset management sector, this time focusing...
Jan 20, 2022 FCA tackles the "Wild West" of high-risk investments By Gavin Haran The FCA has published a consultation that proposes to reform its financial promotion rules. The changes relate to "high-risk...
Jan 19, 2022 Marketing cryptoassets: HMT and the FCA weigh in By Gavin Haran On 18 January 2022, HM Treasury (HMT) published its response to its July 2020 consultation paper on cryptoasset promotions. This was...
Nov 26, 2021 EU proposes delay to mandatory buy-in regime; settlement fails reporting and cash penalties unaffected By Rob Daniell Edward Karsten Kartik Iyer In a much-anticipated move, EU co-legislators have proposed an amendment to the Central Securities Depositaries Regulation (CSDR) to...
Nov 12, 2021 Private equity, public costs By Christopher Good “Big change is coming”, wrote Elizabeth Warren when Gary Gensler was nominated by President Biden to be the next chair of the Securities...