by Victoria Smith | 2022-04-10 | Our Thinking
This September, the final phase of initial margin (“IM”) requirements, Phase 6, for uncleared derivatives transactions will come into effect. Uncleared margin rules have been co-ordinated by regulators globally, including APRA in Australia and FCA /ESMA in the UK and...
by Victoria Smith | 2022-04-05 | Our Thinking
cryptoassets: why the attention? Cryptoassets are defined by the Financial Conduct Authority (“FCA”) as “cryptographically secured digital representations of value or contractual rights that use technology and can be transferred, stored or traded electronically”....
by Victoria Smith | 2022-03-30 | Awards
We are absolutely delighted to share the news that our very own Andrew Goldstein, Managing Director, Asia Pacific, for our most recently launched Cleveland & Co hub in Sydney, has already been shortlisted as a finalist for Financial Services Lawyer of the Year at...
by Victoria Smith | 2022-03-29 | Industry News
background The European Securities and Markets Authority (‘ESMA’) is a European supervisory authority that contributes to the safeguarding of a stable and orderly European Union (‘EU’) financial market by enhancing investor protection. Following Brexit, ESMA has...
by Victoria Smith | 2022-03-25 | Our News
WHAT IS NEURODIVERSITY? Neurodiversity describes a community of people who are neurodivergent, specifically used within the context of autism spectrum disorder (“ASD”) and extends to other neurodivergent conditions such as: Attention Deficit/Hyperactivity Disorder...
by Victoria Smith | 2022-03-24 | Industry News
SUMMARY The Central Securities Depositories Regulation (“CSDR”) was introduced in 2014 along with MiFID II and EMIR to increase the safety and efficiency of securities settlement and settlement infrastructures within the EU. As of 1 February 2022, CSDR has introduced...
by Victoria Smith | 2022-03-21 | Industry News
the introduction of CCIVs On 10 February 2022, the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 (“CCIV”) passed both houses of parliament to amend the Corporations Act 2001. This new framework will commence from 1 July 2022. what is a...
by Victoria Smith | 2022-03-17 | Awards
We are delighted to announce that we have been shortlisted for Diversity & Inclusion at the Access Legal Modern Law Awards 2022! The Modern Law Awards are synonymous with identifying and celebrating the very greatest talent and success stories in the UK legal...
by Victoria Smith | 2022-03-16 | Industry News
BRIEF BACKGROUND In its report on Electronic Execution of Documents (Law Com No 386) published in 2019 (the “Report”), the Law Commission set out its high level conclusions regarding the validity of electronic signatures (“E-signatures”). They confirmed that:...
by Vicki McEwan | 2022-03-10 | Industry News
FCA RULES AND HANDBOOK Part 9A of the Financial Services and Markets Act 2000 (“FSMA”) provides the Financial Conduct Authority (“FCA”) wide-ranging powers. Under Section 137A the FCA can make legally binding rules for authorised and in some cases, unauthorised firms...
