Sep 29, 2023 The regulatory gateway for firms who approve financial promotions By Michael Raffan Craig Dewar Christopher Bernard Sebastian Hilbich +1 more... Show less Key message Existing authorised firms who want to be able to approve financial promotions for unauthorised firms after 7 February 2024...
Sep 26, 2023 Too little, too late? – Reforming the German law on general terms and conditions for financial institutions By Marius Raetz Jan Struckmann This post is part of a series on legislative changes proposed by the German Future Investments Act (Zukunftsfinanzierungesetz, ZFG). For...
Sep 14, 2023 Russia Sanctions: Forced administration of subsidiaries of Western groups in Russia By Lukas Pomaroli Dr. Stephan Denk Stephanie Brown Cripps Daniel Gruenwald +1 more... Show less Over the course of the last months, the Russian government has ramped up its “countermeasures” intended to counteract the effect of...
Aug 04, 2023 The UK Investment Research Review: calling time on unbundling? By James Smethurst Christopher Bernard Sebastian Hilbich Background As discussed in an earlier blog post, on 10 July 2023, the Chancellor delivered his first Mansion House speech in which he...
Jul 21, 2023 Understanding the definition of investment advice under MiFID – ESMA revises 13-year-old guidance By Marius Raetz Alicia Hildner It has been a while since the CESR guidelines on “Understanding the definition of advice under MiFID” were published. To be precise, 13...
Jun 28, 2023 Proposals to clarify and modernise the UK’s transfer pricing, diverted profits tax and permanent establishment rules By Edward Buxton Helen Buchanan Sarah Bond On 19 June 2023, the UK Government published a consultation on reforms intended to clarify and modernise the UK’s transfer pricing (TP),...
Jun 19, 2023 Fourth EU-U.S. Trade and Technology Council summit: the transatlantic partnership shows first achievements By Natalie Pettinger Kearney Pablo Artero Lines Renea Kamenjasevic Following the launch of the EU-U.S. Trade and Technology Council (TTC) on 15 June 2021, both jurisdictions have maintained intensive...
May 25, 2023 UK-EU MoU on regulatory cooperation in financial services By Andrew Marsh Agreement The European Commission has given its consent to the signing of the memorandum of understanding (MoU) between the UK and the...
May 17, 2023 Is this a trading venue? BaFin extends scope of MTF licencing requirement By Jan Struckmann Marius Raetz On 5 May 2023, the German regulator BaFin issued a press release, informing the public about an update of its circular on so-called...
May 05, 2023 The EU keeps the ball rolling in its battle against money laundering – next on the agenda: professional football By Jan Struckmann Marcel Michaelis Professional football is not just an entertaining happening for millions of fans around the world; it is also a big money game. During...
May 02, 2023 Review of the UK Senior Managers & Certification Regime: the increasing focus on international competitiveness By Michael Raffan Emily Smith Megan Rodgers On 30 March 2023, the Financial Conduct Authority (the FCA) and the Prudential Regulation Authority (the PRA) published a joint...
Apr 04, 2023 Italian consumer protection goes digital! By Gian Luca Zampa Ermelinda Spinelli Cecilia Carli Filippo Alberti Mila Filomena Crispino +2 more... Show less On 2 April 2023, a major amendment to the Italian Consumer Code entered into force, implementing the EU consumer protection “Omnibus...