Rhianydd Griffith

Latest Articles

A Reed Smith team lead by John Wilkinson and Oliver s’Jacob, partners in our life sciences and investment funds teams respectively, has advised specialist investment manager Sixth Element Capital (6EC) and Cancer Research Technology (CRT) on the launch of a ground-breaking £50m investment fund, to bridge the funding gap in the U.K. between cancer drug discovery and early development! The CRT Pioneer Fund, in which CRT and the European Investment Fund (EIF) are the principal…
In May 2011 the European Commission published the responses to a consultation paper (PDF) issued in February which asked the European Community to provide its views on the following: whether a new tax on the financial sector should be introduced; if so, what impact the tax would have; and how it should be designed and implemented? In its paper, the Commission proposed two (potentially complementary) options: 1. A Global Financial Transactions Tax (the “FTT”) to be imposed…
This post was written by Amy J. Greer. While some have suggested that Morgan Stanley’s recent announcement that it will permit its financial advisors to take tentative first steps into the world of social media is nothing but a big yawn, given how fraught the social media world is with potential regulatory land mines, in context, these apparent “baby steps” start to look more like giant leaps.  For more information on Morgan Stanley’s splash into…
Here is a link to an article published by Winston Penhall, on Pension Schemes and Alternative Investments, in Investment & Pensions Europe magazine earlier this month. Winston discusses how the key investment issues related to hedge funds and private equity funds differ from a legal perspective. He also considers the rationale for pension schemes obtaining a legal review of fund documentation as well as a commercial review of the performance of the manager. Registration is required…
The FSA’s revised Remuneration Code (PDF) (the “Code”) came into force on 1 January 2011. Those newly within its scope are expected to comply in full by 1 July 2011. Overall, the Code will have a lower impact on fund and asset managers than first feared, but will increase the ever-growing compliance burden as managers have to spend time and resources understanding the Code, why the worst of it doesn’t apply, and then applying the parts…