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Prospectus regime changes in the EU and U.K. – a debt capital markets outlook

The EU and U.K. prospectus regimes govern disclosure requirements for securities offered to the public and/or admitted to trading on a regulated market. Imminent and forthcoming changes to these regimes will have implications...more

Legal hot takes – the ECB’s Digital Euro

The Digital Euro project is the European Central Bank’s (ECB) response to the changing landscape of consumer payments, driven by the rise of cryptocurrency, payment fintechs and electronic transactions. A Digital Euro would...more

The EU goes for gold with its Green Bond Regulation

When the European Parliament announced that political agreement on the EU Green Bond Regulation (the Regulation) had been reached with the Council on 28 February 2023, rapporteur Paul Tang was quoted as saying...more

The future regulatory framework – principles and process

This paper discusses the way forward for the UK as it moves out of the legislative orbit of the EU and commences the wider regulatory reform programme proposed by the UK government. ...more

Consumer Duty – what does it mean for third-country firms?

The FCA published its final rules on the Consumer Duty in a Policy Statement on 27 July 2022 (PS22/9) and firms now have until 31 July 2023 to fully implement such rules for new and existing products or services and until 31...more

New FCA Consumer Duty - What firms need to know

The FCA has finalised its new proposed consumer duty regime for UK firms, with a start date of July 2023 (subject to transitional provisions). The first milestone in terms of a relevant firm’s implementation project is 31...more

Preparing for the end of the Brexit transition period – ten points relevant to mainstream debt capital market issuance

Whilst Brexit formally happened when the UK left the European Union (EU) on 31 January 2020 (exit day), it has been treated as a Member State under Union law during the transition period established by the EU-UK Withdrawal...more

The Brexit transition period – business as usual for mainstream debt capital market issuance for now

The securing of a significant majority by the Conservatives in the December UK general election means that it is now likely that the UK will indeed leave the European Union (EU) on 31 January 2020. The EU-UK Withdrawal...more

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