All Insights

Corporate

Delay in new statutory powers for UK Financial Reporting Council leads to postponement of planned headcount increase

Absence of legislation to expand its remit means FRC will instead focus on a year of consolidation to prioritise its
Financial Services

UK FCA reaffirms tackling financial crime as a top priority

The financial regulator has set out areas of focus for preventing and reducing financial crime in 2024
Financial Services

International Funds Legal Update | 28 March 2024

HNWI statement déjà vu, FCA reviews, guidance on climate-related disclosures and updates to asset management legislation
Financial Services

AIFMD II: what Europe's alternative fund managers need to know

EU changes have set in stone how alternative investment funds are managed: what is the new rules' international impact?
Tax

What would Labour do? Which tax proposals remain 'on the table' after the UK Spring Budget?

Labour, following the chancellor's adoption of two of its proposed tax policies, may now look to introduce other reforms
Financial Services

How will the European Commission's FiDA proposal for open finance impact the financial sector?

The draft forms part of the financial data access and payments package alongside proposals for PSD3 and PSR
Financial Services

International Funds Legal Update | 19 March 2024

The UK regulator explains its priorities and expectations while the EU amends rules governing investment firms
Financial Services

The UK's SDR: which sustainability labels can fund managers use?

Funds using labels will have a marketing advantage when raising capital from investors with sustainability mandates
Dispute resolution

Breach of duty is not enough to bring a claim for negligence in England

High Court decision serves as reminder that a claimant must prove all constituent elements of a claim in negligence
Tax

Spring Budget 2024: UK government confirms introduction of the Reserved Investor Fund – albeit in restricted form

The new investment fund vehicle could increase the attractiveness of the UK for real estate funds
Tax

UK financial institution notices: HMRC doubles down on customer location and employee data

HMRC's report provides several important updates for financial institutions on its use of information notices
Financial Services

The UK's SDR: how fund managers must provide sustainability information

Fund managers must disclose sustainability information in a range of ways under the SDR: who needs to and how?