All Insights

Tax

Funds with foreign sovereign investors under threat from proposed UK tax reform

Restricting sovereign immunity from direct tax will impact funds and their managers, Osborne Clarke tells consultation
Blockchain

What is the Ethereum 'Merge' and how will it make blockchain greener?

'The Merge' will significantly decarbonise the infrastructure for many blockchain applications, such as crypto assets, NFTs and DeFi systems
Financial Services

New data and reporting rules as the FCA revamps the appointed representative regime

What steps do principals need to take to get up to speed with the new UK procedural requirements?
Blockchain

Law Commission launches digital assets consultation

UK businesses involved in crypto-token transactions have an opportunity to shape the future regulation of crypto-assets
Financial Services

UK financial watchdog tells firms to review 'buy now, pay later' promotions

All 'buy now, pay later' products must comply with financial promotion rules or risk enforcement action, FCA warns
Financial Services

FCA improves its appointed representative regime amid UK consumer-harm concerns

The changes will specify more precisely a principal's responsibility for and oversight of ARs and what this means in practice
Financial Services

Fund managers may urgently need to register express trusts with HMRC

The deadline to sign up is imminent, with exclusions unlikely to apply for trusts set up by Limited Partnership Agreements

Financial Services

Financial Conduct Authority identifies supervisory priorities for alternatives

Actions speak louder than words and the UK regulator wants firms to embed a culture to promote the initiatives
Tax

HMRC deadline looms for registering express trusts: what's changing?

Which trusts are now required to register, what are the deadlines and what are they required to disclose?
Financial Services

UK's new consumer duty confirmed with testing timelines

Financial services firms have more time to implement newly unveiled final Principle 12 rules – but the clock is ticking

Financial Services

Funds Legal Update | July 2022

Welcome to a new edition of our Funds Legal Update
Regulatory Outlook

Consumer credit and payments | Regulatory Outlook July 2022

Outcome of HM Treasury consultation on changes to anti-money laundering rules | PSR sets out the details for its work