Category
by Emma Cleveland|29 March 2017|Our Thinking
In 2014, the FCA published a discussion paper on the use of dealing commission regime and a policy statement on the use of dealing commission rules. The discussion paper in particular sets out good and poor practices and on that basis, the FCA decided to visit 17 firms to assess their dealing commission arrangements and […]
Read moreby Emma Cleveland|23 March 2017|Our Thinking
On 30 January 2017, ESMA issued an opinion (the “Opinion”) which discusses the extent to which different types of units or shares (“Share Classes”) of the same UCITS (or its sub-fund) can differ from one another as a result of differing approaches amongst the EU countries. We have produced a glance card which summarises the […]
Read moreby Emma Cleveland|15 March 2017|Our Thinking
HM Treasury has published its Policy Statement (“Statement”) regarding the transposition of MiFID II. The Statement follows HM Treasury’s earlier Consultation Paper that was published in March 2015. The Statement contains a summary of the responses submitted and the government’s response to the consultation. Please click below document to access further information:
Read moreby Emma Cleveland|6 December 2016|Our Thinking
On 25 October 2016, the European Commission (“EC”) produced a communication on their work programme (the “Work Programme”) which set out their priorities for 2017, and was published for the European Parliament, the Council, the European Economic and Social Committee and the Committee of the regions. We have summarised the EC’s Work Programme and set […]
Read moreby Emma Cleveland|5 October 2016|Our Thinking
The FCA have recently produced an alert that highlights some of the risks that authorised firms may encounter by accepting business from unauthorised introducers, lead generators and/or other authorised introducers. We have summarised the FCA’s alert and set out a checklist of steps firms should consider, please see below to access the document. Should you have […]
Read moreby Emma Cleveland|14 September 2016|Our Thinking
Our key cases glance card contains practical take away points and drafting tips from some of the most notable cases of 2015 in regards to commercial contracts. Please click below to access it. Should you have any questions regarding any commercial contract matter, Cleveland & Co, your ‘External in-house Counsel’, is here to help.
Read moreby Emma Cleveland|6 July 2016|Our Thinking
The Financial Conduct Authority (“FCA”) brought proceedings against Asset Land Investment plc along with its principal owner and director, Mr. Banner-Eve (the “Appellants”). The Appellants had been found to be operating an unauthorised real estate collective investment scheme (“CIS”).
Read moreby Emma Cleveland|7 June 2016|Our Thinking
The minutes of the FCA MiFID II implementation roundtable meeting have recently been published. The minutes cover a bespoke Q&A session the FCA held for Trade Associations that covers product governance and the disclosure of costs and charges.
Read moreby Emma Cleveland|15 March 2016|Our Thinking
While most will have a clear idea of the distinction between the law of torts and contract law, there is one particular area which continues to be discussed amongst professionals – the distinction between contractual and tortious negligence. In the attached document below, we have provided for you a key summary of both, and their […]
Read moreby Emma Cleveland|27 January 2016|Our Thinking
As 2015 is now in our shadows and attention turns towards the numerous regulatory developments expected in 2016, we have compiled a high level summary of ESMA’s work programme for this year. To view the summary of ESMA’s 2016 work programme please see below document. Should you have any questions about any of the upcoming […]
Read moreWe use cookies to analyse site traffic and improve your experience. You can accept or reject analytics cookies. See our Cookie Policy.