NAV facilities to credit funds: in an asset class of their own
This article was first published in the October 2024 issue of Butterworths Journal of International Banking and Financial Law.
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This article was first published in the October 2024 issue of Butterworths Journal of International Banking and Financial Law.
Partner and Head of Pensions Susie Daykin and Technology and Commercial Transactions Partner James Longster discuss what AI can and can't do. How might trustees and regulators use it and approach its use by others?
Jeremy Elmore and Emily Clark were contributing editors to the latest edition of the International Comparative Legal Guide - Alternative Investment Funds 2024. Travers Smith also contributed two articles.
Partner Daniel Gerring and Consultant Charlotte Feld look at what is sometimes meant by "diversity of thought".
Financier Worldwide: 'Environmental, social and governance (ESG) concerns have climbed the boardroom agenda in recent years. It is an area which requires innovative solutions and pragmatic problem solving.
We are very proud to continue to be the Contributing Editor of the recently published International Comparative Legal Guide (ICLG) to Derivatives 2024.
Dispute Resolution Partner, Huw Jenkin, has been profiled in Financier Worldwide's International Arbitration 2024 Power Players publication. In this Q&A feature, Huw discusses his career to date as well as what motivates him.
Dispute Resolution Partner Joe Moore and Dispute Resolution Senior Associate Imogen Nolan have contributed to ThoughtLeaders4 Competition Law & Litigation Magazine. Their article, 'Compounding Interest – where to next for CPOs?' was first published in Issue 4 of the magazine and can be viewed below.
Travers Smith's Head of Incentives and Remuneration Mahesh Varia and Senior Associate Claire Prentice have contributed the United Kingdom chapter in the latest Legal 500 Employee Incentives Guide. The guide provides its readers with a pragmatic overview of the laws and regulations of Employee Incentives practice across a variety of jurisdictions.
Head of Finance Danny Peel, Partner Charles Bischoff and Senior Counsel Laura Smith have authored a chapter on rated subscription lines in the latest edition of Global Legal Insights' annual fund finance publication. In this chapter they consider the elements of fund and finance documentation that are likely to be in focus when assigning credit ratings, and explore what their application may mean for the fund finance market in the medium to longer term.
Head of Derivatives & Structured Products Jonathan Gilmour, and Partners Peter Hughes and Joseph Wren have authored a chapter on derivatives at fund level in the latest edition of Global Legal Insights' annual fund finance publication. This chapter highlights some key structural and legal issues that should be considered by a private capital manager thinking about entering into derivatives transactions at fund level as part of its risk management.
Partner Rob Fell, Senior Counsel Michele Cheng and Knowledge Counsel Hannah Walker, in Travers Smith's Dispute Resolution Team, have authored a chapter entitled 'Parallel Civil Litigation – The UK Perspective' in GIR's 'The Practitioner's Guide to Global Investigations – Edition 8'.
Pensions Partner, Andy Lewis, and Head of Derivatives & Structured Products Partner, Jonathan Gilmour, have jointly contributed to the recently published International Comparative Legal Guide on Environmental, Social & Governance Law 2024.
Private Equity and Financial Sponsors Knowledge Counsel Carys Clipper, Director of Operational Risk & Environment Sarah-Jane Denton, Financial Services & Markets Partner Michael Raymond and Senior Counsel to our Finance group Laura Smith have jointly authored the United Kingdom chapter of this year's Environmental, Social, & Governance Law 2024 guide.
Featured in Practical Law, Senior Counsel Kyle Rainsford explores the various tax issues, duties and regimes that are likely to arise in the construction industry.
This update provides a brief summary of some notable recent developments from a UK sanctions perspective, including the introduction of the Office of Trade Sanctions Implementation ("OTSI"), which will be tasked with trade sanctions implementation and enforcement in the UK, along with further guidance on a potentially wide interpretation of the "ownership and control" test, and the Office of Financial Sanctions Implementation's ("OFSI") 2022-2023 Annual Review.
As part of the Edinburgh Reforms announced last December, the government launched a consultation on reforming the fund management exemption. Currently, funds are within the exemption if they are either on a UK domestic statutory list of exempt funds or can rely on "direct effect" of EU law (by falling within the EU law concept of "special investment fund"). In the consultation, the government proposed introducing a characteristics based test based on (its view) of the EU law position, with the domestic statutory list being retained but not updated.
Dispute Resolution Partner Joe Moore and Dispute Resolution Senior Associate Tim Knight have contributed to ThoughtLeaders4 Competition Law & Litigation Magazine. Their article, 'Are the courts passing on category (iii) mitigation defences?' was first published in Issue 3 of the magazine and can be viewed below.
Read the full PMI’s Environmental, Social & Governance (ESG) Report 2023 here.
Partner Andy Lewis outlines four key steps for pension schemes on the net zero journey.