by Leela | 2021-09-28 | Industry News
BACKGROUND On 5 July 2021, Edwin Schooling Latter, the Director of Markets and Wholesale Policy at the Financial Conduct Authority (the “FCA”) gave a speech on the transition from the London Interbank Offered Rate (“LIBOR”), which was first raised by Andrew Bailey...
by Leela | 2021-09-16 | Awards, Our News, Us in the Press
Emma Cleveland has been shortlisted in the prestigious “Legal Adviser of the Year” category in the Women in Finance Awards 2021 The award celebrate the corporate lawyer or in-house legal counsel that has broken down barriers to advancement in the firm and wider legal...
by Leela | 2021-09-07 | Industry News
On 30 June 2021, the Financial Conduct Authority (the “FCA”) published its findings following a multi-firm review on host authorised fund managers (“AFMs”) who outsource investment management to external third parties. The FCA visited a selection of host AFMs between...
by Leela | 2021-09-02 | Industry News
Worked examples can be a useful way to demonstrate complicated calculations in a contract. However, if done incorrectly, it can causes even more confusion. Take a look at our webinar to see how you can effectively incorporate worked examples into your next commercial...
by Leela | 2021-08-26 | Awards, Our News, Us in the Press
Cleveland & Co are thrilled to announce that we have been shortlisted for Boutique Law Firm of the Year in the 2021 British Legal Awards. The award celebrates outstanding achievements by boutique law firms over the past 12-18 months and how they are leaders in...
by Leela | 2021-08-25 | Industry News, Our News, Us in the Press
Cleveland & Co are delighted to be featured in the chapter dedicated to Women in Leadership of the official History of Parliament Trust publication entitled ‘300 Years of Leadership and Innovation’, which celebrates socially conscious and ethical leaders and Her...
by Leela | 2021-08-12 | Industry News
The Dutch Data Protection Authority (the “DPA”) has recently imposed a fine of €525,000 on Locatefamily.com (“Locate Family”) following its failure to appoint a European Union (“EU”) data representative. The failure has led to a delay in mitigating a breach under the...
by Leela | 2021-08-04 | Industry News
SUMMARY AND KEY HIGHLIGHTS On 20 May 2021, the European Commission (“EC”) announced that it has decided that Bank of America, Natixis, Nomura, RBS (now NatWest), UBS, UniCredit and WestLB (now Portigon) (the “Investment Banks”) have all breached EU...
by Leela | 2021-07-22 | Industry News
Earlier this year, the European Securities and Markets Authority (“ESMA”) published its final report, ESMA34-45-1244, (the “Final Report”) relating to guidelines on the requirements for marketing communications sent to investors (the “Guidelines”), supplementing...
by Leela | 2021-07-21 | Industry News
The Court of Appeal’s decision in Chalcot Training Ltd (the “Company”) v Ralph (“Ralph”) [2021] is the first appellate decision on the allotment of shares at a discount under section 580 and the prohibition of commissions, discounts and allowances under section 552 of...
