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...
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...
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...
16 Jan, 2024 UK litigation and legal assets funding - trends for 2024 By Malcolm Hitching James Popperwell Finlay Leggat 2023 was a busy and turbulent year in the UK litigation funding and legal assets sector, dominated as it was by the fallout from the...
07 Dec, 2023 The FCA's Overseas Funds Regime consultation: what does it cover? By Lora Froud Tiffany Cox Emma Garnham Gavin Haran +1 more... Show less On 4 December 2023, the FCA published its consultation (CP23/26) on operationalising the Overseas Funds Regime ("OFR"). Significantly...
04 Dec, 2023 Don’t fall asleep at the wheel: the role of directors in the current markets By Jat 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...
20 Nov, 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...
15 Nov, 2023 Galapagos restructuring ends with an effective “Distressed Disposal” and a win for senior creditors By Timothy Bromley-White Joshua Portway Any restructuring where there are multiple tiers of debt and lenders with different interests and views can be tricky. Lenders will try...
09 Nov, 2023 Innovation and technology in private credit By Adam Caines Oliver Jeffcott An interesting panel session at this year’s ACC Summit in Banking Hall, featuring participants from Arcmont and Metrics, centred on how...
06 Nov, 2023 Private debt – strong performance in the face of uncertain times: The Pitchbook Global Private Debt Report H1 2023 By Adam Caines Peter Chapman Katherine Hensby On 25 September 2023, Pitchbook published their Global Private Debt Report (Report) on H1 2023 activity in the private capital markets....
09 Oct, 2023 Penalising default interest: a spotlight on the bridging loan market By Adam Caines Christian Anthony Rachael Preston Katherine Hensby +1 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...
19 Sep, 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...
06 Sep, 2023 Nutrient neutrality, we hardly knew ye By Henry Vane Before they tip their hard hats to the housing secretary, who last week announced plans to abolish unpopular nutrient neutrality (NN)...
26 Jul, 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...
06 Jul, 2023 Ratcheting regulatory interest in sustainability-linked loans By Jamie Macpherson Rachel Richardson Andrew Perkins Adam Caines +1 more... Show less The Financial Conduct Authority (FCA) has made clear its concerns regarding the "greenwashing" potential of sustainability-linked loans...