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...
by Leela | 2021-07-20 | Industry News
The UK Government (the “Government”) has recently brought in new measures to the House of Lords and House of Commons in order to enact them as law under the Modern Slavery Act 2015 (the “MSA”). These proposed changes would affect large businesses and public bodies,...
by Leela | 2021-07-14 | Industry News
Ever wonder what a Special Purpose Acquisition Company (SPAC) is and what are the regulatory requirements around setting one up? Take a look at our webinar to find out how you can use SPAC to raise capital.
by Leela | 2021-07-12 | Industry News
In Financial Conduct Authority (the “FCA”) v 24hr Trading Academy Ltd (the “24HTA”) and another [2021] EWHC648, the Court of Appeal recently refused an application for permission to appeal, meaning that 24HTA cannot take this matter further to the Supreme Court, which...
by Leela | 2021-06-30 | Industry News
SUMMARY AND KEY HIGHLIGHTS The Financial Conduct Authority (“FCA”) has recently announced that financial companies in the UK are facing a regulatory crackdown unless they improve diversity standards on their board of directors and amongst their employees. The...
by Leela | 2021-06-29 | Our News, Us in the Press
Listen to our very own Leela Fair featured on the The Law Society’s podcast, speaking about Cleveland & Co’s gender equality, linked below. Listen here.
by Leela | 2021-06-22 | Industry News
The Technology and Construction Court has recently handed down 754 pages worth of judgment in the case of CIS General Insurance Limited v IBM United Kingdom Limited (2021), following just over a month-long hearing. The judgment addressed a number of topics that are...
by Leela | 2021-06-21 | Industry News
On 24 May 2021 the Financial Conduct Authority (“FCA”) published a supervisory notice (the “Notice”) which it issued to Marshall Sterling Investment Management Ltd (“Marshall”) on 16 February 2021, which set out a number of requirements relating to their appointed...
