The ninth issue of our Global Asset Management Quarterly is now available. You can also register to automatically receive each issue as it is released. This publication highlights key developments that will be of interest to, and affect, our asset management clients, including market trends and developments in tax and buy-side regulation globally. View Full Post
On 24 May 2018, there was published on the legislation.gov.uk website The Cash Ratio Deposits (Value Bands and Ratios) Order 2018. The Order amends the ratio used for calculating the percentage of eligible liabilities that eligible financial institutions are required to deposit in a non-interest bearing account at the Bank of England (BoE) under the cash ratio deposit (CRD) scheme. View Full Post
On 24 May, the European Commission released a set of legislative proposals on financing sustainable growth (so called Sustainable Finance Package). These measures are the first steps towards implementing some of the recommendations of the EU’s High-Level Expert Group on sustainable finance published in January 2018 and are part of the European Commission Action Plan on Financing Sustainable Growth of March 2018. View Full Post
On 23 May 2018, the Presidency of the Council of the EU published the latest compromise proposals concerning: • Draft Directive amending the Bank Recovery and Resolution Directive; • Draft Regulation amending the Regulation establishing the Single Resolution Mechanism; and • Draft Directive amending the Capital Requirements Directive IV. View Full Post