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White & Case LLP

HM Treasury publishes consultation on private intermittent securities exchange platform

White & Case LLP on

The consultation sets out further detail on the government's proposals, announced as part of the Edinburgh Reforms in December 2022, to develop a venue for the intermittent trading of private company shares and seeks feedback...more

Latham & Watkins LLP

HM Treasury Confirms Changes to Financial Promotion Exemptions

Latham & Watkins LLP on

Businesses relying on exemptions for high net worth individuals and self-certified sophisticated investors should ensure they are prepared to comply with the updated requirements. On 7 November 2023, HM Treasury...more

Hogan Lovells

UK: Financial Services and Markets Act 2023 - Landmark Financial Services and Market Bill receives Royal Assent

Hogan Lovells on

Hailed as a landmark piece of legislation and a once in a generation reform to the UK financial services sector, the new Financial Services and Markets Act 2022-2023 which received Royal Assent on 29 June 2023 aims to bolster...more

A&O Shearman

UK Financial Conduct Authority Consults on Regulatory Perimeter Guidance for Trading Venues

A&O Shearman on

The U.K. Financial Conduct Authority has published a consultation paper on proposed guidance on the regulatory perimeter for multilateral trading facilities and on possible future changes to smaller trading venues' regulatory...more

Goodwin

UK Consultation on Sovereign Immunity from UK Direct Tax - Implications for Real Estate Investments

Goodwin on

​​​​​​​HM Treasury and HM Revenue and Customs (HMRC) are consulting on proposed changes to the U.K.’s existing approach to sovereign immunity from U.K. direct taxation. The proposed changes would be a major step change in the...more

A&O Shearman

UK Wholesale Markets Review

A&O Shearman on

The U.K.’s policy approach to regulating secondary markets and investment firms, now that the U.K. has left the EU, has been confirmed by the government. Last year, HM Treasury conducted its Wholesale Markets Review proposing...more

A&O Shearman

Tightening the Financial Promotions Framework in the UK

A&O Shearman on

Striking a balance between investor protection and market development - The U.K. is assessing its financial promotion framework, and changes are being made or proposed to amend the laws and rules. Financial promotions are...more

Katten Muchin Rosenman LLP

Corporate & Financial Weekly Digest, Featuring Articles on the SEC's Efforts to Help Underrepresented Business Founders and...

BROKER-DEALER - SEC Small Business Capital Formation Advisory Committee to Discuss Opportunities for Underrepresented Founders and Investors - On April 26, the Securities and Exchange Commission announced that its Small...more

Dechert LLP

Dechert on ESG - Diversity and Inclusion in Asset Management

Dechert LLP on

In recent years environmental, social and governance ("ESG") factors have become a key discussion point within asset management, with many managers now incorporating ESG considerations within their investment processes. One...more

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