by Emma Cleveland | 2017-03-02 | Industry News
The government has recently proposed a draft Order to amend the Limited Partnerships Act 1907 (the “Act”) to introduce a Private Fund Limited Partnership (“PFLP”) structure. It is due to come into force on 6 April 2017. The Order is part of a package of reforms that...
by Emma Cleveland | 2017-02-28 | Industry News
John Griffith Jones, Chairman at the Financial Conduct Authority, (“FCA”) has recently given a speech about good conduct regulation. We set out below a summary of that speech, which draws out the key points: Mr Griffith Jones’ speech makes clear that: good conduct...
by Emma Cleveland | 2017-02-23 | Industry News
On 8 February 2017, the International Organisation of Securities Commissions (“IOSCO”) released a report which describes the evolution of innovative business models, based on FinTech, which are transforming the financial services industry. This report looks to various...
by Emma Cleveland | 2017-02-22 | Our News
We have developed a range of amendment templates that you can use to update all your agreements to comply with MiFID II. This will be a cost effective and efficient way for firms to ensure compliance with the new directive coming into force on 3 January 2018. For...
by Emma Cleveland | 2017-02-16 | Industry News
The Financial Stability Board (“FSB”) have recently published two reports on the re-hypothecation of client assets (defined as any use of client assets by a financial intermediary) and non-cash collateral re-use. The reports broadly conclude that there is no immediate...
