by Leela|3 August 2023|Industry News
The Financial Conduct Authority’s Consumer Duty came into force on 31 July 2023, making it applicable to all new and existing products or services that are open to sale or renewal. Firms must have all the necessary processes and agreements in place to fulfil their obligations under the Consumer Duty… For more information on the […]
Read moreby Leela|2 August 2023|Industry News
In recent times, a number of investment funds have come under scrutiny and criticism for engaging in greenwashing. We can help you navigate this complex issue. Safeguard your firm against the risk of greenwashing Schedule your 10-minute call with Tanja Listar for invaluable insights and guidance to ensure that your firm meets all the necessary […]
Read moreby Leela|1 August 2023|Industry News
The 79th session of the Economic and Social Commission for Asia and the Pacific (the “ESCAP”) was held from 15 to 19 May 2023. This session witnessed the adoption of 10 United Nations (“UN”) resolutions by countries within Asia-Pacific (the “APAC”), with the aim of reaffirming their unwavering commitment to safeguarding the planet and its […]
Read moreby Leela|28 July 2023|Our News
Alex Findlay, Hannah Nguyen and Hailey Kadivar have all been an invaluable part of the team for the past 4 weeks as our interns! Their unwavering commitment and hard work during their time with us have been truly impressive. As they prepare to embark on the next stage of their journey, we took the opportunity […]
Read moreby Leela|27 July 2023|Our Thinking
On 10 July 2023, the European Commission adopted the new EU-US Data Privacy Framework (the “Framework”). This Framework ensures that personal data transferred from entities in the EU to entities in the US who are signatories to the Framework will receive adequate protection. As a result, personal data can freely flow from the EU to […]
Read moreby Leela|26 July 2023|Our Thinking
On 14 July 2023, the Australian Competition & Consumer Commission (“ACCC”) released ‘Draft guidance for business’ (the “Draft Guidance”), focussed on improving the integrity of environmental and sustainability claims made by businesses, ensuring consumer protection from greenwashing. Under Schedule 2 of the Competition and Consumer Act 2010 (Cth), the Australian Consumer Law (the “ACL”), businesses […]
Read moreby Leela|25 July 2023|Our Thinking
In June 2023, the Secretary of State for Science, Innovation, and Technology unveiled the “A pro-innovation approach to AI regulation” policy paper. This paper emphasises the role of AI in bolstering the UK economy through innovation. However, it also acknowledges the emergence of new risks like privacy violations and potential threats to human rights and […]
Read moreby Leela|20 July 2023|Our Thinking
In June 2023, the Financial Conduct Authority (“FCA“) issued Policy Statement PS23/7, presenting the finalised regulations and guidance designed to expand retail and pension access to the Long-Term Asset Fund (“LTAF“). After conducting an initial consultation in August 2022 to explore the potential extension of retail access to the LTAF, the FCA considered feedback and […]
Read moreby Leela|18 July 2023|Our Thinking
On 8 June 2023, the Financial Conduct Authority (“FCA“) published a policy statement on financial promotion rules for crypto assets (PS23/6), which will have an impact on investment firms trading in or active in the crypto markets space. The FCA has recently expressed concern about… Please click here to follow us on LinkedIn to receive […]
Read moreby Leela|10 July 2023|Our News
Why did you join Cleveland & Co? I was about to complete my LLM studies at Durham University and Cleveland & Co gave me the opportunity to kickstart my career in the UK while studying in a city so different from London. The flexibility Cleveland & Co provided me with allowed me to dive into […]
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