nan

FCA Feedback Statement FS19/6 – Climate Change and Green Finance: summary of responses and next steps

On 16 October 2019, the FCA published their feedback statement FS19/6 on Climate Change and Green Finance[1]. This feedback statement summarises the responses from stakeholders to the Discussion Paper (DP18/8) on Climate Change and Green Finance[2] ...




nan

Financial Services (Duty of Care) Bill

Introduction For many years the FCA has considered whether to apply an overarching standard of care that should be applied to authorised firms. In July 2018 they concluded that there was not “a sufficient basis for making changes to primary l...




nan

Coronavirus - Additional legal protections for residential and commercial tenants in England and Wales - UK

In addition to the FCA’s recent guidance (see our note summarising the main points here) on payment holidays and repossession actions addressed to mortgage lenders, mortgage administrators, home purchase providers and home purc...




nan

Concerns remain around ‘much improved’ 2019 mine rehab financial provision regulations

...




nan

Enforcing restrictive covenants

The litigation in City Inn (Jersey) Ltd v Ten Trinity Square Ltd, between rival hoteliers next to the Tower of London, concerned restrictive covenants imposed by the Port of London Authority (PLA). The parties asked the court to decide whether the c...




nan

Easements, covenants and profits à prendre: reform is in the air

The Law Commission has published a consultation paper proposing wide-ranging reforms to the law governing easements, covenants and profits à prendre. The changes suggested by the Law Commission include: the creation of a single new method ...




nan

Oral tenancy agreements

As a general rule, leases of land must be made by deed. Failure to comply with this requirement means that the tenant will not acquire a legal estate in land. However, leases granted for a term of up to three years need not be made by deed so long a...




nan

Terminating periodic tenancies

The issue in McCann v United Kingdom was whether our domestic law is compatible with Article 8 of the European Convention of Human Rights. Article 8 provides that everyone has the right to respect for their home. Mr McCann's wife left the family ho...




nan

Tenants’ rights of first refusal

The Landlord and Tenant Act 1987 grants tenants of flats a right of first refusal if the landlord wishes to dispose of its interest in the whole or part of 'a building'. In a decision that is hugely significant for the increasing numbers of landowne...




nan

Discharging restrictive covenants

In Re Alisha House, the Lands Tribunal discharged a restrictive covenant preventing a developer from using land for residential development in circumstances where: the developer had entered into the restrictive covenant with the local authority r...




nan

The effect on VAT recovery of granting a residential tenancy in a new building

Residential developers need to take great care that they do not jeopardise their recovery of VAT by granting a short–term tenancy. The current downturn is leading developers to let out new properties instead of selling them. Great care is nee...




nan

Consulting tenants of mixed-use properties on service charge expenditure

Helpful analysis of when landlords of mixed–use properties need to consult their tenants before incurring service charge costs. The Landlord and Tenant Act 1985 requires landlords who own residential blocks of flats to consult their tenants b...




nan

Financial Provision Regulations 2019

Introduction There has been significant debate amongst key stakeholders including government, mining companies, and environmental lobbyists regarding how mining companies should not only be held accountable for mine closure but also how the often va...




nan

The Minimum Energy Efficiency Standard (“MEES”) for commercial properties – upcoming changes for landlords and tenants.

On the 15 October 2019 the government published its consultation on the future trajectory of the Minimum Energy Efficiency Standard for commercial properties under the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 ...




nan

We acted as legal advisor in the sale of the shares and financial arrangements of Basso Media

We acted as legal advisor when the shareholders of Oy Basso Media Ltd. sold all shares of Oy Basso Media Ltd. to Bauer Media Holding Oy. Other financial arrangements were also carried out in connection with the transaction. Basso Media will continue...




nan

Open Finance – Don’t Miss Your Chance to Input

Late last December, the FCA issued a Call for Input (CFI)[1] to explore the opportunities and risks arising from Open Finance. Comments are due by Tuesday 17 March 2020 – don’t miss your chance to ha...




nan

Coronavirus –draft FCA guidance for the Insurance industry – customers in temporary financial difficulty and product value - UK

On 1 May, the FCA issued two sets of draft guidance which will be important reading for all firms involved in insurance arrangements and particularly insurers, intermediaries and premium finance lenders. As it considers that the delay involved in co...




nan

Briggs & Stratton: Buy The Senior Unsecured Bonds And Short The Stock Ahead Of Potential Refinancing



  • BGG
  • Double S Capital
  • SA PRO Editors

nan

Coronavirus - Guidance for Financial Services - the UK

The FCA has today published a statement for financial services firms with guidance setting out its expectations for effectively responding to the Covid-19 outbreak. Consistent with existing regulatory requirements, the FCA expects all firms to have ...





nan

Tech Mahindra Ltd. ADR (TCHQY) CEO Chander Gurnani on Q1 2020 Results - Earnings Call Transcript




nan

Créditos religiosos que no impresionan a Dios

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.

 




nan

Créditos religiosos que no impresionan a Dios B

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.

 





nan

How To Deal With Vomiting During Pregnancy

Some women go through pregnancy with ease, while others find it difficult because of nausea and vomiting. Usually referred to as morning sickness, vomiting tends to be a normal part... Read more >




nan

SFC raids multiple small caps in Hong Kong's largest financial raid

In May 2017, David Webb, an activist investor and former director of the Hong Kong Exchange and Clearing Limited, issued a report titled "The Enigma Network: 50 stocks not to own". This report mapped out a complex web of cross-shareholdings between ...




nan

Proposed revisions to the UK Corporate Governance Code

Introduciton On 5 December 2017, the Financial Reporting Council (FRC) published its proposals for a revised UK Corporate Governance Code. The Code is shorter, building on the FRC’s...




nan

Keeping the present for a little longer: the impact of the Brexit Withdrawal Agreement on financial institutions

On 19 March 2018, a draft Agreement on the withdrawal of the UK from the EU was published. The Agreement’s objective is to set out the arrangements for the withdrawal of the UK from the EU. Amongst these arrangements are the transitional provi...





nan

Alg�rie: R�pression de la Corruption - 15 fonctionnaires des Finances mis � la disposition de l'OCRC

Alger -Le nombre de fonctionnaires...




nan

Coronavirus – Fiducie – Facilitating the obtaining of secured financing and the disposal of distressed assets – France

When the economic situation deteriorates, when the financial situation becomes strained, when the granting of credit becomes more difficult, being able to provide effective collateral in order to obtain cash from lenders is more important than ever ...




nan

Coronavirus - Special corporate governance rules - Hungary

On 10 April 2020, a Government Decree was issued that prescribes the application of different company law rules as part of the government’s Economic Protection Action Plan. This adds new opportunities for corporate decision-making to mitigate ...




nan

UK Public Sector Pensions Speedbrief: All a-Board! Final LGPS governance regulations issued

The Local Government Pension Scheme (Amendment)(Governance) Regulations 2015 were laid before Parliament on 28 January 2015.  Issued under the Public Service Pensions Act 2013, these...




nan

Retail groups with Swiss financing arrangements

The Swiss Federal Supreme Court recently considered whether a dividend distributed by a Swiss company that participated in a zero balancing financing arrangement had been distributed lawfully. The case refers back to 2001 when Swisscargo AG distribu...




nan

German competition authority issues guidance paper on resale price maintenance in the retail food sector

In July 2017, the German Federal Cartel Office (“FCO”) published a detailed guidance paper (the “Guidance Paper”) on resale price maintenance (“RPM”) in the retail food sector. The purpose of the paper is to expl...




nan

UK adopts new EU-driven restrictive measures to deter and respond to external cyber-attacks through financial sanctions

On 17 May 2019, the European Council established a framework and implemented a new sanctions regime which now allows the EU to impose targeted sanctions to “deter and respond to cyber-attacks which constitute an external threat to the EU and i...




nan

Operational Resiliency for Financial Institutions

The operational resilience of retail banks operating in the United Kingdom has come under increased scrutiny following a number of high-profile IT failures and cyber-attacks. Regulators have shown a willingness to impose significant penalties for IT...




nan

Service of contractual notices under financial contracts

Generally speaking, where a contract sets down requirements for the service of notices under it, parties should comply with these strictly. A notice that fails to comply will be invalid. This has been established in a number of cases including the...




nan

Regulating firms’ culture - The increasing focus by financial regulators internationally on supervising firms’ culture

Introduction Financial services firms’ corporate governance and risk cultures is a ‘hot’ topic with financial regulators globally. Regulators have noted that serious corporate governance and conduct failings of financial services f...




nan

Eversheds Harry Elias Enhances Banking and Financial Services Practice with First Lateral Partner Hire since merger

  The Singapore office of global legal practice Eversheds Sutherland today announced the appointment of Gerard Ng as a partner in the Banking and Financial Services Practice group. With over 20 years of experience, Gerard is a specialist in len...




nan

Harmonising corporate governance framework for South African mining companies: King IV, companies act and the mining charter

  The BEE Commission’s report 2018, between 2017 and 2018, had no significant change in the levels of transformation, with black ownership reflecting a decline to 25.2% from 27% and current management control still sitting at 38% for blac...





nan

Qatar Charity provides healthcare to pregnant Syrian refugees

(MENAFN - The Peninsula) Doha: With QFFD support, Qatar Charity is providing healthcare to pregnant Syrian refugees. The same place brought them toget... ......




nan

Jordan capable of rebounding economically, says finance minister

(MENAFN - Jordan News Agency) Amman, May 9 (Petra) - The Minister of Finance, Dr. Mohammed Ississ, said the only way out to address the consequences o... ......




nan

Nancy Pelosi's idea for 2020 DNC: Hold it in a large stadium over a single day

The 2020 DNC in Milwaukee is scheduled for the week of August 17 as planning continues to stage event in the middle of a pandemic. ......




nan

UN Faces Financial & Liquidity Crisis as Global Pandemic Rages

Ambassador Anwarul K. Chowdhury is a former Under-Secretary-General and High Representative of the UN (2002-2007), Permanent Representative of Bangladesh to UN (1996-2001) and Chairman of the UN General Assembly’s Administrative and Budgetary Committee (1997-1998)

The post UN Faces Financial & Liquidity Crisis as Global Pandemic Rages appeared first on Inter Press Service.




nan

The Future of AI Governance

Eversheds Sutherland and Smart Dubai consider the future of AI governance and how a proactive approach can create a trusted ecosystem and address ethical concerns. Authored by Charlotte Walker-Osborn and Erica Crosland Read the article here >...




nan

US imposes further sanctions on Iran – what does this mean for the JCPoA and for global corporations and financial institutions?

On 10 January 2020, following the recent military escalation between Iran and the US, the White House issued Executive Order, "Imposing Sanctions With Respect to Additional Sectors of Iran" (“EO 13902”), which expands the already broad U...




nan

Coronavirus - Dealing with the financial services regulatory challenges - Ireland

...




nan

Coronavirus - Immediate considerations for financial services clients in response to the COVID-19 pandemic

Communications need to be clear and timely Constantly review and maintain your customer communications content and strategy.  There is a regulatory expectation that firms will ensure consumers are adequately protected during severe disruption.&...