News & Analysis as of

Securities United Kingdom

A&O Shearman

EU Announces Next Steps for the Transition to T+1 Settlement

A&O Shearman on

The European Commission, the European Central Bank and the European Securities and Markets Authority have published a joint statement on the next steps to support the preparations towards a transition to T+1. Under the EU...more

A&O Shearman

Draft UK Consumer Composite Investments (Designated Activities) Regulations 2024 Published

A&O Shearman on

The draft Consumer Composite Investments (Designated Activities) Regulations 2024 have been published, together with an explanatory memorandum. The Regulations establish a proposed new legislative framework for the regulation...more

A&O Shearman

The UK Digital Securities Sandbox is officially open

A&O Shearman on

On September 30, 2024, the UK Digital Securities Sandbox was officially declared open. The announcement was made by the Bank of England (BoE) and the UK Financial Conduct Authority (FCA), following the consultation earlier...more

A&O Shearman

UK Accelerated Settlement Taskforce Technical Group Publishes Draft Recommendations

A&O Shearman on

The U.K. Accelerated Settlement Taskforce Technical Group has published a draft recommendation report and consultation. The Taskforce was established to examine the case for the securities settlement cycle to be shortened...more

A&O Shearman

UK Conduct Authority Clarifies Forbearance for Investment Trust Disclosure Requirements Under PRIIPs Regulation

A&O Shearman on

The updated forbearance statement provides great clarity on the implication of the forbearance as regards compliance by firms with other rules and regulations, including the Consumer Duty and communicating to consumers. The...more

A&O Shearman

UK Financial Conduct Authority Consults on Enhancing the National Storage Mechanism

A&O Shearman on

The U.K. Financial Conduct Authority has published a consultation on proposals to change the requirements for submitting regulated information to the National Storage Mechanism. The NSM is a free-to-use online archive of...more

A&O Shearman

UK Financial Conduct Authority Updates on Consolidated Tapes for Equities and Bonds

A&O Shearman on

The FCA has published two new webpages on its work establishing consolidated tapes for equities and bonds. The final FCA framework for the bond CT was published in December 2023, along with a consultation on proposed payments...more

Alston & Bird

Structured Finance Spectrum - Summer 2024

Alston & Bird on

Welcome to the latest edition of the Spectrum, covering hot-topic issues in the structured finance markets in the U.S. and UK. This edition features the new UK securitization regime, eHELOCs, and climate risk disclosures....more

A&O Shearman

European Securities and Markets Authority Opinion on the Functioning of the Sustainable Finance Framework

A&O Shearman on

The European Securities and Markets Authority has published an Opinion on the sustainable finance regulatory framework, setting out possible long-term improvements. ESMA acknowledges that while the EU sustainable finance...more

A&O Shearman

Financial Conduct Authority Consults on Rules for Admission of Securities to UK Trading Platforms

A&O Shearman on

The Financial Conduct Authority has opened a consultation on proposed rules for companies seeking to admit securities to a U.K. regulated market or "primary" multilateral trading facility under the new Public Offers and...more

A&O Shearman

Financial Conduct Authority Consults on New Public Offer Platform Regime

A&O Shearman on

The Financial Conduct Authority has launched a consultation on proposed rules for a new public offer platform regime, which will allow public offer platforms to facilitate companies making public offers of securities to...more

A&O Shearman

UK Financial Markets Standard Board Publishes Spotlight Review on Pre-Hedging Practices

A&O Shearman on

The Financial Markets Standard Board has published a spotlight review on pre-hedging practices. The FMSB is examining the practice as it considers, in principal markets, that there remains uncertainty as to how and when...more

Mayer Brown

UK Supreme Court Clarifies Basis of ‘Knowing Receipt’ Claims Arising From Breach of Fiduciary Duty

Mayer Brown on

"The law on 'knowing receipt' has perplexed judges and academics alike for several decades" – Lord Burrows (paragraph 99). In a decision with significant implications for claims involving fraud and breach of fiduciary duty...more

A&O Shearman

Bank of England Securities Lending Committee Settlement Efficiency Report

A&O Shearman on

The Bank of England's Securities Lending Committee has published its Settlement Efficiency Report. The findings have been collated by a Working Group since H2 2023. The aim was to highlight the issues around settlement...more

Paul Hastings LLP

MiCA – ESMA’s Mandates for Crypto Market Abuse, Suitability and Crypto Transfer Services

Paul Hastings LLP on

Crypto-asset firms are increasingly focused on the impact of MiCA on their businesses both from the perspective of high-level strategy and in relation to changes to their day-to-day compliance arrangements. MiCA represents a...more

A&O Shearman

UK Grants Equivalence to EEA UCITS Under Overseas Funds Regime

A&O Shearman on

The Financial Services and Markets Act 2000 (Overseas Funds Regime) (Equivalence) (European Economic Area) Regulations 2024 (SI 2024/635) were made on May 13, 2024 and enter into force on July 16, 2024. Established by the...more

A&O Shearman

New UK Securitization Regime Set to Start on November 1, 2024

A&O Shearman on

The Securitisation (Amendment) Regulations 2024 were made on May 22, 2024 and come into force for the most part on November 1, 2024. The Amending Regulations supplement the new U.K. securitization regime established under the...more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 27

Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds....more

Morrison & Foerster LLP

Takeover Panel Consults on Narrowing Scope of Companies Subject to Code

Overview- The City Code on Takeovers and Mergers (the “Code”) contains a number of traps for the unwary, not least that it can extend to unlisted companies or companies with overseas listings, with seemingly limited nexus...more

A&O Shearman

Panel Proposes Narrowing The Scope Of Companies Subject To The Code

A&O Shearman on

On 24 April 2024, the UK Takeover Panel published PCP 2024/1 ("PCP 2024/1"), in which it is consulting on a significant narrowing of the types of companies that will be subject to the Takeover Code (the “Code”) - i.e., as...more

A&O Shearman

UK Publishes Draft Securitisation (Amendment) Regulations 2024

A&O Shearman on

The draft Securitisation (Amendment) Regulations 2024 were published on April 22, 2024. In combination with the Securitisation Regulations (S.I. 2024/102), the draft Regulations will provide the U.K.'s new regulatory...more

A&O Shearman

UK Regulators Consult on Digital Securities Sandbox

A&O Shearman on

On April 3, 2024, the Bank of England and U.K. Financial Conduct Authority published a joint consultation paper on proposed rules for the incoming digital securities sandbox. The Financial Services and Markets Act 2023...more

A&O Shearman

UK To Move to T+1 Settlement by Latest End 2027

A&O Shearman on

The recently published Accelerated Settlement Taskforce report makes several recommendations to the U.K. government for moving to faster settlement of securities trades in the U.K. The main recommendation is that the U.K....more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 24

Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds....more

A&O Shearman

UK Public Offers and Admissions to Trading Regulations Published

A&O Shearman on

On January 29, 2024, the Public Offers and Admissions to Trading Regulations 2024 (SI 2024/105) were published. The Regulations implement the new Public Offers and Admission to Trading Regime, part of the new designated...more

127 Results
 / 
View per page
Page: of 6

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide