The rapidly growing focus on environmental, social and governance (ESG) matters that marked 2020 continued to shape events for companies operating or based in the U.K. and Europe in 2021. Discussions of ESG are occurring at...more
9/3/2021
/ Biden Administration ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Green Bonds ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Sustainable Finance ,
UK
The negotiations that culminated in the establishment of the Trade and Cooperation Agreement (TCA) at the end of 2020 concluded with no meaningful agreement in relation to the provision of financial services between the...more
Governance Factor; Beyond the Board -
Corporate governance has long been a focal point for large corporates, listed companies and regulated entities, with numerous studies connecting good corporate governance with higher...more
The list of events for which 2020 will be remembered continues to grow and we are only two thirds of the way through the year. Environmental, social and governance (ESG) issues have come into focus in the financial community,...more
9/15/2020
/ AIFM ,
Climate Change ,
Compliance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Fund Managers ,
Fund Sponsors ,
Institutional Investors ,
Pollution Control ,
Popular ,
Private Funds ,
Sustainable Finance ,
Taxonomy ,
UK ,
United Nations
In the middle of February 2019, Brexit continues to be debated between Westminster and Brussels, despite the rapidly approaching deadline for the United Kingdom (U.K.) to leave the European Union (EU) on March 29, 2019. With...more
2/14/2019
/ AIFM ,
AIFs ,
Alternative Investment Fund Managers Directive (AIFMD) ,
CSSF ,
European Economic Area (EEA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Fund Managers ,
Luxembourg ,
Memorandum of Understanding ,
No-Deal Brexit ,
Passporting ,
Private Funds ,
Transitional Arrangements ,
UK ,
UK Brexit
On June 26, 2017, The Information about People with Significant Control (Amendment) Regulations 2017 (PSC Amendment Regulations) and The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...more
One likely impact of the decision of the United Kingdom (UK) to leave the European Union (EU) is that the UK’s financial services industry will lose automatic rights of access to the EU’s free trade area (the Single Market)...more
6/8/2017
/ Affiliates ,
Alternative Investment Fund Managers Directive (AIFMD) ,
EU ,
EU Passport ,
EU Single Market ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Investment Funds ,
MiFID ,
MiFID II ,
UCITS ,
UK ,
UK Brexit
On March 29, 2017, the U.K. updated the law pursuant to which U.K. limited partnerships are constituted. It was the same day on which the government began the Brexit process that will fundamentally change the constitution of...more
New rules effective from today in the U.K. are likely to have material impact on the tax treatment of payments by a fund to its U.K.-based management executives and service providers. The rules cover many areas of fund...more
4/8/2015
/ Carried Interest ,
Clawbacks ,
Distribution Rules ,
Fees ,
Financial Transaction Tax ,
Fund Managers ,
Hedge Funds ,
HMRC ,
Income Taxes ,
Investment Management ,
Limited Partnerships ,
Non-Resident Aliens ,
UK