The Securities and Exchange Board of India (“SEBI”), through its interpretive letter, issued upon the request of Paytm Money Limited (“Paytm”) under the SEBI (Informal Guidance) Scheme, 2003 (“Informal Guidance Scheme”), on April 09, 2021, has clarified that investment advisers (“IAs”), registered with SEBI under the SEBI (Investment Advisers) Regulations, 2013 (“IA Regulations”), may not: (i) be reimbursed from the asset management companies for any expenses incurred for services rendered to their clients, even though…
The European Commission (Commission) has published a number of legislative and regulatory initiatives in the context of its Sustainable Finance Action Plan. The aim of the Sustainable Finance Action Plan, which was first presented in 2018, is to channel more investment towards sustainable activities. The Commission has published the following initiatives:
A Delegated Regulation under Regulation (EU) 2020/852 on the establishment of a framework to facilitate sustainable investment (Taxonomy Regulation) establishing the technical screening criteria…
2021年4月13日,鸥翎投资(Ocean Link)和红杉资本中国基金联合组成的要约人Kunpeng Asia Limited以自愿全面要约的形式对浙江开元酒店管理股份有限公司(简称“开元酒店”,联交所:1158)提出的私有化退市议案获得开元酒店H股类别股东大会及临时股东大会的批准。要约人提出的H股要约及内资股要约于2021年4月16日在所有方面成为无条件。目前开元酒店的退市工作正在有序推进中。…
金杜律师事务所东京办公室迎来新合伙人——桥本圆(Madoka Hashimoto)律师。借助在融资、资本市场及一般公司法律事务等领域的丰富执业经验和广泛客户认可度,桥本圆律师将与东京办公室的各位合伙人共同提升整体团队的服务实力。
King & Wood Mallesons (KWM) Tokyo office has a new partner Madoka Hashimoto on board. Leveraging his extensive experience and wide client recognition in finance, capital markets, and general corporate matters, Madoka Hashimoto will work closely with all other partners in the Tokyo office to enhance the service capabilities of the team.…
The focus on sexual harassment in the workplace, particularly as a risk to the psychological health of employees, has continued in 2021.
Australian Human Rights Commission report into workplace sexual harassment
The Respect@Work: National Inquiry into Sexual Harassment in Australian Workplaces published in March 2020 (Respect@Work Report), found that whilst the Model Work Health and Safety Laws impose a positive duty on employers to eliminate or manage hazards and risks to workers’ health there…
What has happened so far?
Last month the Fair Work Amendment (Supporting Australia’s Jobs and Economic Recovery) Act 2021, also known as the Omnibus Legislation, came into effect. This reformed the legal definition of a casual employee and introduced a statutory definition of a “casual employee” for the first time in Australia.
For a long time, the accepted thinking was that a casual employee was one who was engaged as such and paid a casual…
On 20 April 2021, the FCA issued a short statement confirming that its 2021/22 Business Plan will be published in July, rather than April. The Business Plan will be published alongside the 2020/21 Annual Report and Accounts, and will include an update on the regulator’s plans for transforming itself.…
On 20 April 2021, the FCA published a speech given by its CEO, Nikhil Rathi, during the FinTech Week event. The speech is entitled Levelling the playing field – innovation in the service of consumers and the market.
Highlights in the speech include:
The Chancellor has announced that the FCA will be taking forward the Kalifa Review’s recommendation for a Scalebox. This will draw on lessons from Project Innovate which has shown that once authorised…