by Victoria Smith|11 May 2022|Our Thinking
background Packaged Retail and Insurance-based Investment Products (“PRIIPS”) can be either (or both) (a) investments issued by special purpose vehicles where, regardless of the legal form, the amount repayable to retail investors is subject to fluctuation because of exposure to reference values or to the performance of one or more assets that are not directly […]
Read moreby Victoria Smith|4 May 2022|Our Thinking
WHAT IS THE ‘CALL FOR INPUT’? The UK government announced at Budget 2020 that it would review the UK’s fund regime (the “Review”). In January 2021, the HM Treasury published the Review which set out the objectives and invited stakeholders to provide views on which reforms should be taken forward. On 10 February 2022, the […]
Read moreby Victoria Smith|3 May 2022|Our News
We are delighted to announce that Cleveland & Co has appointed its first Global Chief Operating Officer as we welcome David Balchin to the team. David has over 15 years’ experience in operational and delivery roles across a wide range of sectors and was most recently Global Business Operations & Risk Management Director at consultancy […]
Read moreby Victoria Smith|29 April 2022|Awards
We are thrilled to announce that our CEO Emma Cleveland, has again been recognised for her unstoppable support and encouragement of women to fulfil their potential in the workplace and has been nominated for two Investment Week Women in Investment Awards: Role Model of the Year and Mentor of the Year. Now in their sixth […]
Read moreby Victoria Smith|26 April 2022|Our Thinking
summary Interest rate benchmarks are widely relied upon in global financial markets by fund managers, investment banks and other important financial counterparties. They are referenced in contracts for derivatives, loans and securities. They are also used by market participants to value financial instruments, and by investment funds as benchmarks for assessing their performance. In response […]
Read moreby Victoria Smith|21 April 2022|Our Thinking
On 30 November 2021, the Financial Conduct Authority (“FCA”) published Policy Statement PS 21/20, which sets out its changes to the research rules and best execution reporting in RTS 27 and RTS 28, in a move likely to be welcomed by market participants… FCA reforms: end of best execution reporting The RTS 27 and RTS […]
Read moreby Victoria Smith|12 April 2022|Our News
We are hugely proud of our diverse firm and our commitment to drive change in the legal sector, so we are thrilled to announce we’ve joined the Law Council of Australia’s Diversity and Equality Charter. Here are some diversity statistics about our 30 strong global team: 24 nationalities 77% women 73% of our senior roles are held by […]
Read moreby Victoria Smith|11 April 2022|Us in the Press
Lawyers Weekly’s recent podcast with Emma and Andrew is now being featured as an article on their website. Please click here to read about their vision for the delivery of legal services in a post-pandemic world.
Read moreby Victoria Smith|10 April 2022|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 EU. After a year’s delay to the final implementation for IM requirements, APRA is continuing […]
Read moreby Victoria Smith|5 April 2022|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”. Cryptocurrencies (such as Bitcoin) are an example of a particularly widely used cryptoasset taking the form of a digital currency and it uses […]
Read moreWe use cookies to analyse site traffic and improve your experience. You can accept or reject analytics cookies. See our Cookie Policy.