Commercial and Retail Banking
Eversheds offers a summary of recent activity on the Alternative Investment Fund Manager Directive, including the publication of the draft regulations, the FCA's statement on passporting MiFID services and the variation of permission procedures for AIFMs and Depositaries.
Law Firm: Eversheds | Published: 02 July 2013 | Practice Area: Sales and Asset Finance
Macfarlanes' financial service update discusses the key developments of the week. Reviewed this week are the proposed regulation on European Long-Term Investment Funds; Packaged Retail Investment Products; IOSCO principles on regulating ETFS; Capital Requirements Regulation and Directive; and more.
Law Firm: Macfarlanes | Published: 01 July 2013 | Practice Area: Regulation and Compliance
The monthly finance bulletin provides an overview of recent market developments and trends in the finance sector, including a spotlight on comfort letters; Payment in Kind and covenant-lite deals; Double Taxation Treaty Passport changes; guarantees; and exit consents in Assenagon v Azevedo.
Law Firm: Travers Smith | Published: 28 June 2013 | Practice Area: Regulation and Compliance
The most recent effort by the UAE government to further combat corruption is a proposed new federal law to establish an anti-corruption authority named "The Federal Authority for Combating Corruption". Al Tamimi reviewed the bill and this article highlights some of its key features.
Law Firm: Al Tamimi & Company | Published: 28 June 2013 | Practice Area: Financial Crime and Fraud
All directors should be aware of the distributable reserves test enshrined in the Companies Act 2006. However, there are additional rules applicable to public companies (whether listed or unlisted) relating to the making of a distribution that are increasingly catching directors unaware.
Law Firm: Wragge & Co | Published: 27 June 2013 | Practice Area: Corporate Governance
HSF's general counsel update provides detailed news and analysis on developments of general interest (such as corporate, employment and litigation); sector specific developments (including competition, construction, finance); as well as key international news from Australia, USA and Singapore.
Law Firm: Herbert Smith Freehills | Published: 26 June 2013 | Practice Area: Corporate Governance
From 25 June 2013, UK whistle-blowing law is set to undergo important changes. But to what extent are employers aware of these changes and are they prepared for them? This survey focuses on the changes and how they might affect the way in which organisations approach whistle-blowing.
Law Firm: Eversheds | Published: 25 June 2013 | Practice Area: Financial Crime and Fraud
The weekly financial services update discusses the final report from the Parliamentary Commission on Banking Standards; ESRB's recommendations on instruments of macro-prudential policy; Basel III capital shortfall exercise; Offshore Funds Amendment Regulations; and the Short Selling Regulations.
Law Firm: Macfarlanes | Published: 25 June 2013 | Practice Area: Regulation and Compliance
BLP's social media group assessed five legal-risk types and three categories of social-media use to construct a social media legal-risk matrix. The matrix identifies eleven specific legal risks associated with social media, and is designed to help build a complete picture of legal risk.
Law Firm: Berwin Leighton Paisner | Published: 24 June 2013 | Practice Area: Regulation and enforcement
Deferred prosecution agreements are to be introduced in 2014. DPAs are a new enforcement tool available to the Crown Prosecution Service and Serious Fraud Office. Wragge & Co's litigation team considers the features of DPAs and the potential consequences for companies under investigation.
Law Firm: Wragge & Co | Published: 24 June 2013 | Practice Area: Practice and Procedure
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