Charles Russell Speechlys host Financial Services Regulatory seminar
Charles Russell Speechlys have hosted another of their regular Financial Services Regulatory update seminars last week, focusing on the challenges the sector is set to face in the coming year.
The seminar attracted an audience from a wide range of financial institutions.
A panel made up of Jonathan Bayliss, Kate Troup and Nick Dashfield discussed topics including:
The introduction of a Product Governance Regime under MiFID II
The Product Governance Regume under MiDIF II has increased obligations on both manufacturers and distributors, requiring manufacturers to include a market integrity element to their conflict of interest obligations and imposing a greater responsibility on distributors to identify the target market and ensuring that products and services they distribute comply with all applicable FCA rules.
The FCA Asset Management Market Study Interim Report
Kate Troup discussed the recent FCA Asset Management Market Study Interim Report, which includes proposals to enhance the duty of asset managers to act in the best interests of investors and raising the possibility of introducing an “all-in fee”.
FCA and VoP applications under MiFID II
Nick Dashfield spoke of the new Part 4A and VoP application forms, which introduces EU wide informational requirements for the first time, and the new all-encompassing FCA annex. He expressed his views on the new MTF/OTF application requirements and the likely impact of MiFID II on the length of time it will take the FCA to determine Part 4A/VoP applications relating to MiFID II activities and services.
The extension of the Senior Managers and Certification Regime to all financial services firms
The experience of our banking sector clients indicates that the changes required by the regime will take a substantial amount of time to implement, and that firms must take steps in good time to engage with relevant individuals and to prepare compliant materials and procedures.
Charles Russell Speechlys advises Waverton on acquisition of Cornerstone Asset Management
Established in July 2010 and with offices in Edinburgh and Glasgow, Cornerstone offers wealth management and financial planning advice.
Charles Russell Speechlys boosts private wealth offering with the hire of an international tax team
Robert Reymond will be joined at the firm by Leigh Nicoll, Emma Tyrrell and Oliver Cooper.
eprivateclient and Citywealth report on the hire of a new international tax team led by Robert Reymond
The firm strengthened its international wealth structuring capabilities with the hire of an international tax team led by Robert Reymond.
Use and Regulation of Renewable Energy Certificates in the UAE
The market for trading in renewable energy certificates is set to increase in both visibility and importance.
Charles Russell Speechlys advises Duke Royalty on increasing and extending its revolving credit facility agreement
London listed Duke Royalty was founded in 2015 and is the leading provider of royalty finance to companies in the UK and Europe.
Patrick Gearon FCIArb
Insolvency Legislation in the GCC
The interesting times of the last 14 months were preceded by the interesting times of the financial crisis of 2008/2009.
Case Study: One Blackfriars Limited
An informative and positive judgment for administrators selling high-value property in distressed and complex scenarios.
InvestAfrica: Checking in or Checking out? Financing Africa’s Hotels in 2021
The discussion examined the strategies investors and financial institutions can implement to mitigate the effects of the pandemic.
Sustainable Finance and the end of greenwashing?
Market Abuse Regulation update: January 2021
We highlight the recent changes to the Market Abuse Regulation (MAR) .
FCA publishes listing rule on enhanced climate-related disclosures and clarifies existing obligations
Premium listed commercial companies should start addressing what they need to do to make the required disclosures in sufficient detail.
UK agrees to "Surrender" (and other changes to investigations and enforcement options post Brexit)
Breaking Banks: UK FinTech firms set out a blueprint for Open Finance that puts customers first
FCA planning new prudential regime for UK investment firms
FCA Directory Submissions – It Will Pay to Be Prepared
Charles Russell Speechlys advises the owners of Safeonline LLP on its sale to Howden Broking Group Limited
Safeonline LLP has a proprietary insurtech platform, iQ, which will offer the capability to provide cyber insurance capability.
Charles Russell Speechlys continues international expansion with the hire of four new partners
We are delighted to announce the hire of four new partners across four of our offices.
FCA reminds firms that the fight against market abuse continues during lockdown – can you demonstrate that your policies are fit for purpose in a home working environment?
The fight against market abuse continues during lockdown – can you demonstrate that your policies are fit for purpose?
Towards a new RPI - good news or bad?
Public Company Update - November 2020
The November 2020 edition of our biannual Public Company Update.