UK GOVERNMENT GIVES GROUND ON CONTROVERSIAL FOREIGN INFLUENCE REGISTRATION SCHEME

07 March, 2023
11th-hour reforms to the proposed foreign influence policy will be met with relief by businesses, NGOs and charities as Government makes significant changes. Some concerns remain, and many businesses will still require compliance policies to be put in place for benefits which many will remain sceptical about, but the scope of these will be limited … Read more

LDI liquidity crisis – policy and regulatory responses

07 February, 2023
The post below was first published on our Pensions notes blog: The immediate panic caused by the liquidity crisis that affected a large number of defined benefit (DB) pension schemes invested in liability driven investment (LDI) funds in September and October 2022 has now passed. However, a great deal of attention continues to be focused on understanding … Read more

LOOMING UK FOREIGN INFLUENCE REGISTRATION SCHEME – BEWARE OF UNINTENDED CONSEQUENCES

19 December, 2022
Concerns grow that foreign influence policy is misdirected, bureaucratic and risks deterring benign engagement and investment The UK’s proposed Foreign Influence Registration Scheme is part of a wider package of measures to revamp domestic espionage laws, in this instance via new obligations for a wide range of businesses, across all sectors, and others with international … Read more

What you need to know about the Edinburgh Reforms

09 December, 2022
The post below was first published on our FSR and Corporate Crime notes blog: The Chancellor of the Exchequer has announced a set of reforms which, in tandem with the Financial Services and Markets Bill, the government hopes will drive growth and competitiveness in the financial services sector. The Chancellor has made a written statement to Parliament on the measures … Read more

FCA’s new rules on climate-related disclosures by asset managers

20 December, 2021
In June this year, the Financial Conduct Authority (“FCA”) published a consultation paper setting out its proposals to introduce climate-related financial disclosure rules and guidance for asset managers, life insurers, and FCA-regulated pension providers, consistent with the TCFD’s recommendations and recommended disclosures (CP 21/17) (the “Consultation Paper”). Our earlier briefing focused on how the proposed rules and guidance … Read more