by Emma Cleveland | 2015-10-14 | Industry News
On 30 September 2015, the European Commission (the “Commission”) published their Capital Markets Union (“CMU”) action plan on helping build a true single market across the 28 EU Member States and unlocking a free flow of capital throughout. Some of the key motivations...
by Emma Cleveland | 2015-10-07 | Industry News
On 16 September 2015, in a speech by Greg Medcraft, Chairman of the Australian Securities and Investments Commission (“ASIC”) and Chairman of the International Organization of Securities Commissions (“IOSCO”), the key topic of discussion was the future of the...
by Emma Cleveland | 2015-09-30 | Industry News
In two publications from 18 September 2015, the FCA discuss their principles and approach to supervision of flexible and fixed portfolio firms. The FCA’s publications will be of interest to both types of firms in regards to fulfilling their regulatory obligations and...
by Emma Cleveland | 2015-09-24 | Industry News
With around 35% of all assets managed in Europe being managed in the UK, the UK is a leading centre for fund management. The UK’s private equity and venture capital industry has continued to be the largest in Europe for a number of years and is accountable for more...
by Emma Cleveland | 2015-09-22 | Our Thinking
UCITS account for around 75% of all collective investments by small investors in Europe and so UCITS V will have a significant impact on a major part of the industry. With implementation planned for March 2018, it is important that firms prepare for the forthcoming...
by Emma Cleveland | 2015-09-17 | Industry News
Undertakings for collective investment in transferable securities (UCITS) are regulated investment funds which can be sold to the general public throughout the European Union, due to their increasing popularity the importance of having common and harmonised standards...
by Emma Cleveland | 2015-09-16 | Our News, Us in the Press
Cleveland & Co’s authorisation by the Solicitors Regulation Authority as an alternative business structure (ABS) has not gone unnoticed: in a recent interview by Legal Futures our managing director, Emma Cleveland, discusses the topic and Cleveland & Co’s...
by Emma Cleveland | 2015-09-11 | Our Thinking
It is often believed that a clause expressly stating that the parties to a contract would be liable for its breach should be inserted within agreements as a safeguard for liability in situations of breach. For example, it is common for the wording of liability and...
by Emma Cleveland | 2015-09-08 | Industry News
On 17 July 2015, the Financial Conduct Authority (“FCA”) held a MiFID II Roundtable discussion aimed at providing updates on MIFID II implementing measures and addressing various potential implementation issues in the financial services industry, arising as a result...
by Emma Cleveland | 2015-09-08 | Industry News
In line with the FCA’s initiative of improving complaints handling procedures through increased process transparency and providing further assistance to firms, the FCA have updated their Complaints Sourcebook. Change The updates to the Complaints Sourcebook encompass...
