Watch our short video on W&I insurance trends below.
The aftermath of the COVID-19 pandemic, the ongoing Russia/Ukraine conflict, and rising inflation and interest rates have exacerbated a slowdown in the world economy. Many borrowers have availed themselves of low-cost debt in the decade since the financial crisis, and some may encounter challenges in servicing or refinancing this debt in a harsher economic climate.
On 19 July HM Treasury issued a report on the outcome of the UK Secondary Capital Raising Review (the "Review").
The UK Government has published its much anticipated Financial Services and Markets Bill (the Bill), previously touted by the former Chancellor as "Big Bang 2.0". The Bill as introduced may or may not be that, but it certainly includes a large number of substantial measures that will effect a major overhaul of the UK's regulatory framework for financial services.
Travers Smith LLP has advised Nest on its investment into a HarbourVest Partners fund, its second move into private equity this year.
Since the Supreme Court's rulings in Vedanta Resources Plc v Lungowe  UKSC 20 ("Vedanta") and HRH Emere Okpabi v Royal Dutch Shell  UKSC 3 ("Okpabi"), much has been written about the potential impact these decisions may have on UK-domiciled businesses with foreign operations and, in particular, how they will assist claimants who wish to initiate large-scale group litigation.
Spotlight on ESG video series - Episode 3: Climate change governance and reporting standards for pension schemes
Welcome to the third episode in our Spotlight on ESG video series.