The UK asset management industry has faced a number of geopolitical events over the last year or so: the Covid-19 pandemic, the extensive preparation for the end of the Brexit transition period and, in addition to this, there has been significant legislative and policy reforms around sustainable investing, outsourcing, the...

Launched in early April, the Coronavirus Large Business Interruption Loan Scheme (CLBILS) aimed to quell the growing tide of criticism facing the existing CBILS scheme. Many industry bodies and businesses, including Osborne Clarke, raised concerns that CBILS failed to help the 'squeezed middle' of UK plc, by cutting out a...

On Monday 18 May 2020, the British Business Bank published final details for the UK government's hotly anticipated Future Fund, which is intended to provide UK-based innovative companies with sufficient capital to cope with the financial impact of the coronavirus pandemic by advancing funding via convertible loans. Applications will open...

An in-depth version of this Insight was first published in Butterworth's Journal of International Banking and Financial Law (June 2020) – (2020) 6 JIBFL 384 (paywall may apply). Two preliminary observations All funds are not created equal The 'private debt' umbrella houses a diverse array of strategies, each with its...

UK financial regulator bans marketing of "mini bond" loans to retail investors The Financial Conduct Authority (FCA) has stated that it will make permanent its temporary ban from November 2019 on the marketing of speculative "mini bonds" to retail investors. These mini bonds (which are not themselves regulated by the...

Article 29 of the recast Brussels Regulation provides, where proceedings involving the same cause of action and between the same parties are brought in the courts of different Member States, that the court first seised should hear the case. This position is displaced where there is an exclusive jurisdiction clause...

After a busy 2019, acting for major UK clearing banks, credit funds and some of the most active UK mid-market sponsors, we are pleased to announce a further strengthening of the Osborne Clarke London leveraged finance team. James Hunt joins us as senior associate, with a wealth of magic circle...

This article was originally published on 26 March 2020 and updated on 30 March 2020 As more and more businesses in the Netherlands are caught up in the far-reaching consequences of the emergency response to the coronavirus pandemic – and not just those from sectors such as catering and tourism...

There is a clear trend in the Dutch markets towards an increase of special duty-of-care obligations for financial institutions including banks. Due to the Covid-19 outbreak and emergency, it is very likely that many commercial parties – and potentially also consumers – will get into financial difficulties. Dutch banks are...

The payments industry is one of the fastest moving and innovative areas in financial services – with technology and regulation reshaping and redefining the sector at a rapid speed. The Financial Conduct Authority (FCA) is prepared for the challenge and has published a teaser on how regulatory change will play...