... 2021 Morgan, Lewis & Bockius LLP. Licensed re-use rights only United States of America European Union United Kingdom Sovereign wealth funds Private funds Tax planning Despite the market disruption caused by the COVID-19 pandemic, sovereign wealth funds continued to make...

... services to larger companies raising capital through an IPO on an MTF to follow new COBS 11A rules as a matter of best practice. The new guidance aims to mitigate the risk of bias being imparted to connected research. United Kingdom Financial Conduct Authority (FCA) Conduct of Business...

...Akihito Imai Purpose The article examines a current debate over pay ratio rulemaking in the United Kingdom. In the United States, the Securities and Exchange Commission issued a rule that requires public companies to disclose the ratio of the annual pay of their chief executive officer...

...@blplaw.com © Berwin Leighton Paisner. 2017 Berwin Leighton Paisner Licensed re-use rights only United Kingdom Financial regulation Financial Conduct Authority (FCA) Commercial disputes Corporate crime and investigations Enforcement process The Policy Statement also sets out a number...

...V. Gerard Comizio; Behnam Dayanim; Laura Bain Purpose To provide financial institutions an overview of the developments in cybersecurity regulation of financial institutions during 2015 by the United States, the United Kingdom, and the European Union, as well as guidance for developing effective...

... launched a legal challenge in the European Court of Justice against the EU decision authorising the introduction of the FTT. Neil Macleod can be contacted at: neil.macleod@friedfrank.com © Emerald Group Publishing Limited 2013 European Union Financial Transaction Tax Taxes United...

... Commission has consulted on revisions to be made to the 3MLD and is working towards publishing a finalised legislative proposal by the end of 2012. Martin Saunders can be contacted at: martin.saunders@cliffordchance.com © Authors 2012 Anti‐money laundering United Kingdom Financial...

...@cliffordchance.com © Authors 2012 Anti‐money laundering Money laundering reporting officer Financial Services Authority United Kingdom Money laundering Regulation Last week saw mixed fortunes for the individuals within financial institutions who act as money laundering reporting officers (MLROs...

.../value The paper provides practical guidance from experienced securities lawyers. Dan Ornstein can be contacted at: dornstein@proskauer.com © Emerald Group Publishing Limited 2011 Financial services Remuneration United Kingdom UK headquartered groups are required to apply...

... Gleeson can be contacted at: simon.gleeson@cliffordchance.com © Authors 2011 Financial markets Financial services United Kingdom Any such power would give the FSA broad discretionary power. Precisely which products would the FSA chose to ban and how would any product developer genuinely...

... financial penalties for performance of controlled functions without approval; and suspend or impose restrictions on an approved person who is guilty of misconduct. Financial Services Act Economic reform United Kingdom William Yonge can be contacted at: wyonge@proskauer.com © Emerald...

... Bremner can be contacted at: elisabeth.bremner@dlapiper.com © Emerald Group Publishing Limited 2010 Financial services Securities United Kingdom Crimes On May, 20 2010 the UK Financial Services Authority (FSA) announced that it had fined Simon Eagle, former chief executive...

... European legislation United Kingdom This update highlights a number of important developments regarding the regulatory framework for the short‐selling of securities. At the international level – and in the European Union (EU), in particular – significant progress is being made towards...

... lawyers. © Authors 2009 Disclosure Financial instruments United Kingdom On June 1, 2009, changes to Chapter 5 of the UK Disclosure and Transparency Rules (DTR 5) took effect. These require an investor in a UK incorporated issuer traded on a regulated or a prescribed market, to disclose...

... © Company 2008 United Kingdom Financial services Disclosure Financial control Rights issues On Friday 13 June 2008, the UK Financial Services Authority (FSA) announced new provisions requiring the disclosure of significant short positions taken during rights issues to take effect...

.... Rosalind Gray can be contacted at: Rosalind.Gray@CliffordChance.com © Emerald Group Publishing Limited 2008 Financial services United Kingdom Freedom of information Generally, the UK Financial Services Authority (“FSA”) does not announce its investigations. Therefore any regulated firm...

... risk; and clarification of roles. Laws and legislation United Kingdom Financial services Financial institutions The Financial Services Authority (FSA) recently published guidance on The responsibilities of providers and distributors of products and services for the fair treatment...

... Financial services Insider trading Law enforcement United Kingdom [1] Monday, April 23, 2007. [2] Dechert Financial Services Update No. 4: Insider dealing and market abuse – five years on. [3] FSA Final Notice, August 1, 2006. [4] FSA Final Notice, November 23, 2006...

.... This has led the industry to consult with Her Majesty's Revenue and Customs (HMRC) and the UK Treasury on the application of the IME, which resulted in the revised Statement of Practice 01/01, published on July 20, 2007. Investments Taxation Off shore investments Financial management United...

... Financial Services Act Law enforcement United Kingdom The Financial Services and Markets Act 2000 (FSMA) gives the FSA significant powers to impose a variety of sanctions on firms and individuals for breaches of rules under FSMA and other legislation. The FSA can publicly censure or impose...