News & Insights

Publication of the UK secondary capital raising review

by Victoria Smith|10 October 2022|Our Thinking

background Following Lord Hill’s UK Listings Review Report in March 2021 on the proposed reforms for the UK equity capital markets, on 19 July 2022, the UK Secondary Capital Raising Review (“SCRR”) was published. The aim of the SCRR is to increase the efficiency of the capital raising process and facilitate companies raising money to […]

Australia: Tanja Listar to join Cleveland & Co as new Managing Director, APAC

by Victoria Smith|6 October 2022|Our News

We are thrilled to announce that Tanja Listar will be joining Cleveland & Co in Australia, within the next couple of months, to take on a leadership role as our new Managing Director, APAC. Tanja brings with her a huge wealth of global experience in the Investment Management industry in Australia, Asia, UK and Europe, from […]

The Law Commission of England and Wales publishes new proposals to reform the law relating to digital assets

by Victoria Smith|4 October 2022|Our Thinking

On 28 July 2022, the Law Commission of England and Wales (the “Commission”) published a consultation paper (the “Paper”) on Digital Assets where it considers property rights issues, and specifically, private personal property law, in relation to digital assets (“Digital Assets”). The Commission acknowledges the importance of Digital Assets in a modern society and discusses […]

Cleveland & Co shortlisted for Boutique Law Firm of Year at British Legal Awards 2022

by Victoria Smith|29 September 2022|Awards

We are delighted to share that Cleveland & Co have again been shortlisted for Boutique Law Firm of the Year at The British Legal Awards 2022! These prestigious, premier legal awards represent ‘the best of the best’ within the UK’s legal community and celebrate excellence and innovation across the legal sector. Cleveland & Co’s nomination […]

ASIC v MobiSuper: The Court’s reminder that fund promotions must be done lawfully

by Victoria Smith|28 September 2022|Our Thinking

On 26 August 2022, the Federal Court of Australia (the ‘‘Court’’) ordered ZIB Financial Pty Limited (“ZIB”) and its corporate authorised representative MobiSuper Pty Limited (“MobiSuper”) to pay combined penalties of $250,000 for breaching superannuation advice laws as a result of MobiSuper promoting the Tidswell Master Superannuation Plan, which is also known as the MobiSuper […]

DD Classics Ltd v Chen: High Court’s judgment on what is a reasonable time period to exercise a contractual termination right

by Victoria Smith|27 September 2022|Our Thinking

On 20 May 2022, the English High Court (the ‘‘High Court’’) made a remarkable judgment under DD Classics Ltd v Chen [2022] on what constitutes a reasonable time period to exercise the contractual right to terminate an agreement due to repudiatory breach before losing such right. The Court’s decision emphasised its initial judgment dated 29 […]

10th birthday throwback: video of our best bits!

by Victoria Smith|23 September 2022|Our News

As the summer draws to a close, kids are back to school and holidays are a distant memory, we thought we’d look back at our amazing 10th birthday celebrations in July and share a short clip of the best bits of our party. Once again a huge thank you to all our clients, friends and […]

PRA introduces changes to Unvested Pay, Material Risk Takers and Public Appointments

by Victoria Smith|21 September 2022|Our Thinking

On 15 July 2022, the Prudential Regulation Authority (the “PRA”) published the Consultation Paper 8/22 (the “CP8/22”) proposing its expectations in relation to the instruments or claims which relate to unvested deferred sums awarded to Material Risk Takers (the “MRTs”) as a part of their variable pay. Particularly, the PRA considers cases whereby a change […]

International secondments at Cleveland & Co: Sydney

by Victoria Smith|16 September 2022|Our News

At Cleveland & Co, we offer all our employees the ability to live and work in another C&Co office location through our Secondment Programme. Antonia Manti was the first of our team members to take up this opportunity and has recently returned from her stay at our Sydney office. We sat down with Antonia to […]

FCA Appointed Representatives regime reminder: New Rules are coming soon

by Victoria Smith|15 September 2022|Templates & Guidance

As noted in our previous article, FCA Changes for Appointed Representatives, the Financial Conduct Authority (“FCA”) has confirmed new rules to improve oversight of Appointed Representatives (“AR”), which will take effect on 8 December 2022 (“New Rules”). The AR regime is set in primary legislation and allows unauthorised firms to engage in regulated activities without having to be […]