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...
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...
05 Jun, 2023 ILPA weighs in on continuation funds By Harriet Miller Henry Stewart-Brown Continuation funds are now a staple feature of the private funds industry as general partners (GPs) look to move one or more selected...
12 Nov, 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...
21 Jul, 2021 Legislation Day 2021: the key points for businesses By Jagwinder Kaur On 20 July 2021, the government published draft legislation for the Finance Bill 2021-2022, consultations, and other documents (L-Day)....
16 Jul, 2021 The future of UK regulation: the FCA’s new business plan By Gavin Haran The FCA has published its 2021/22 business plan. The publication of the plan was slightly delayed, which is perhaps unsurprising given...
07 Jul, 2021 BEPS 2.0 - the latest developments for private equity By Rhiannon Kinghall Were Over the weekend, the OECD/G20 Inclusive Framework issued a further agreement (by 131 countries) on the key components of the two-pillar...
30 Jun, 2021 IFPR final rules: unpacking the transitional provisions By Shailen Patel The FCA has now provided its feedback on its first consultation papers on the new UK prudential regime for MiFID investment firms (IFPR)...
08 Jun, 2021 Asset manager ESG due diligence questionnaire published: seeking to create an "industry standard" By Harriet Miller On Friday 4 June 2021 the Loan Market Association (LMA), European Leveraged Finance Association (ELFA) and Loan Syndications and Trading...
07 Jun, 2021 Chaperoning as a means to market in EU post-Brexit under threat By Harriet Miller The financial trade press (e.g. see Financial News) is reporting that certain EU regulators have questioned the ability for a UK firm to...
27 May, 2021 The growing reach of the economic substance rules By Riley Forson In November 2020, the EU Code of Conduct Group submitted a report to the Council of European Finance Ministers stating that the economic...
30 Apr, 2021 Conviction and collapse: a mixed week for the SFO By Lorna Emson James Reid On Wednesday the Serious Fraud Office (SFO) announced that it had secured a corporate conviction against GPT Special Project Management...
09 Apr, 2021 ESAs consult on taxonomy-related sustainability disclosures for environmental products By Lora Froud Tiffany Cox Gavin Haran The European Supervisory Authorities (ESAs) are currently consulting on the proposed regulatory technical standards (RTS) on the content...
07 Apr, 2021 Five things we have learned about the Brexit MoU By Gavin Haran The Brexit Trade and Cooperation Agreement did not specifically address financial services. However, the EU and the UK did commit to...
01 Feb, 2021 Are ESG ratings reliable? The next wave of ESG regulations By Gavin Haran ESMA has published a letter to the European Commission (EC) recommending a further wave of ESG regulation concerning ESG ratings and...