Eversheds Sutherland Financial Services Brexit Round Up week commencing 30 July
As the political aspects of Brexit start to quieten down since Westminster rose for the summer recess on 24 July, Whitehall has not taken a break and we have seen the first crop of the statutory...
View ArticlePayment Matters: No. 36
FCA and PSR Regulation 105 protocol issued RTGS Renewal Programme EBA publishes final PSD2 fraud reporting guidelines EC recommends removal of transparency requirements from cross-border payments...
View ArticleItaly: Grid parity renewable energy projects
Italy has signed up to the 2030 binding EU targets which require that 32% of each EU member states gross energy consumption comes from renewable sources. In order to meet this target, Italy will need...
View ArticleBlockchain technology and your supply chain: a risk analysis
The rapid growth of bitcoin and the technology which underpins it (blockchain) is widely recognised for its benefits to the financial services sector, but bitcoin and blockchain are set to have a...
View ArticleA new corporate governance code fit for the future
Following feedback on consultation, the Financial Reporting Council (FRC) has published the 2018 UK Corporate Governance Code (the Code) which will replace the 2016 UK Corporate Governance Code for...
View ArticleRelocation to the EU 27 what to do about ESMAs Brexit warning?
Concerned about the possibility of a hard or no deal Brexit on 29 March 2019, the European Securities and Markets Authority (“ESMA”) is urging financial market participants to get moving. ESMA has...
View ArticleEU Commission finds 2008 Luxembourg tax ruling to be illegal state aid
The EU Commission has found that a Luxembourg tax ruling dated 2008 amounted to illegal state aid to a particular company but also specifies that it does not call into question Luxembourg’s tax...
View ArticleDisclosing Criminal Convictions - The implications of GDPR for criminal...
UCAS is removing the first question in its application form about unspent criminal convictions. Up until now, applicants using UCAS Apply have been asked to declare whether they have any relevant...
View ArticleFrom convergence to divergence new US sanctions force EU to act
US position As per our previous briefing, on 8 May 2018, President Trump announced that the US was withdrawing from the Iran ...
View ArticleThe Wates Corporate Governance Principles for Large Private Companies
From January 2019 new regulations (the Companies (Miscellaneous Reporting) Regulations 2018) will require private companies of a significant size to disclose their corporate governance arrangements in...
View ArticleEversheds Sutherland Financial Services Brexit round up week commencing 6...
Notwithstanding that parliaments are in recess across Europe, politics and bureaucracies continue apace and Brexit is still bubbling away, albeit less fiercely. The UK Government (“HMG”) has been...
View ArticleGetting the Deal Through: Public Procurement 2018
The 2018 edition of the Getting the Deal Through: Public Procurement is now live. The contributing editor of the Guide is Totis Kotsonis, competition lawyer and head of procurement at Eversheds...
View ArticleLeverage under the AIFMD: some rare guidance
On 7 August 2018, ESMA published a letter from Steven Maijoor, ESMA Chair, to Gabriel Bernardino, EIOPA Chair. The letter addressed the question of whether ESMA would consider borrowing arrangements...
View ArticleWomen and Equalities Committee makes far reaching recommendations on...
The issue of sexual harassment has been a high profile one now for well over 12 months with widespread local and national coverage across multiple sectors and jurisdictions. This has included copious...
View ArticleEducation e-briefing - A Safe Brexit?
The Department for Work and Pensions has recently published the draft Health and Safety (Amendment) (EU Exit) Regulations 2018 (the Regulations), which give some limited insight into the status of...
View ArticleWhere are we now on the Brexit negotiations?
With Parliament in recess for the summer, now is a good time to take stock of the progress on Brexit negotiations. Introduction As at early August 2018 the future relationship between the UK and the...
View ArticleUK REIT briefing - The momentum continues
There are now approximately 70 UK Real Estate Investment Trusts. With a changing market landscape and major UK tax developments in the pipeline, the vehicle is now more relevant than ever. Episode 1...
View ArticleOpening the lock gates to the potential of the waste economy
Manufacturers and generators of waste have long been restricted from directing components of their waste or waste stream for recovery and re-use due to legislative hurdles. Also known as...
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