Find the latest news, views and guidance on hot topics here. From Brexit to Sustainability, we are here to help.
On 7 October 2022, President Biden issued an Executive Order (EO) that seeks to address the concerns set out in the Schrems II decision about US intelligence agencies’ access to EU individuals’ personal data. The EO is a significant step towards an EU-U.S. adequacy decision (expected in Spring 2023, if approved by member states) but, if granted, will that adequacy decision be sufficiently robust to withstand a likely legal challenge?
In our latest Tax. Simplified. podcast, Tax Senior Associate Siv Devakumar and Associate Lewis Currie consider the recent case law developments on the unallowable purpose rule.
Earlier this year, Mahesh Varia, Partner and Head of Travers Smith's Incentives and Remuneration Group, met Leander A. Dolphin, Managing Partner of Shipman & Goodwin, at Harvard Law School where they were both delegates on the Leadership in Law Firms programme.
Funds and Secondaries Partner Ed Ford has written a special report article for Financier Worldwide, examining the conflicts of interest in the GP-led secondary market.
Travers Smith LLP has advised Ansor IB, Ansor LLP's second fund, on its successful fundraising.
Travers Smith LLP has advised long-standing client Adventurous Journeys Capital Partners (AJ Capital Partners) on its acquisition of The Dornoch Hotel in Scotland. Positioned along the popular North Coast 500 driving route, the hotel will be the fifth addition to AJ Capital Partners' Marine & Lawn Hotels & Resorts division, a collection of bespoke properties located in world renowned golf destinations.
The UK's Subsidy Control Bill received Royal Asset on 28 April 2022 , becoming the Subsidy Control Act 2022 (the "Act"). The new regime will come fully into force on 4 January 2023. The Act has been hailed by the UK Government as a major departure from the EU State aid rules.
This update provides a brief overview of some notable events that have occurred in recent weeks, including the UK Government's increasing ability to target activities considered to be problematic from a circumventing Russian sanctions perspective.
A regular briefing for the alternative asset management industry.
The UK Government is proposing greater regulatory oversight of financial services outsourcings involving "Critical Third Parties" (CTPs). If implemented, these changes will result in CTPs – some of which may not regard themselves as part of the finance sector - being regulated directly by financial services supervisory authorities. This would represent a major shift in approach.
In the current macro-economic conditions, deal activity has slowed, in part due to valuation mismatches and difficulties raising third party debt.
Travers Smith LLP has introduced a menopause policy, including a number of paid for benefits, to provide support to people who are experiencing symptoms associated with the perimenopause and menopause whilst also supporting line managers by providing guidance.
Partners Andy Lewis and Jonathan Gilmour, Senior Counsel Harriet Sayer and Senior Consultant Simon Witney have contributed to the latest paper from Principles for Responsible Investment (PRI): A legal framework for impact (UK): integrating sustainability investment goals across the investment industry.
Find the latest news, views and our analysis of all the key announcements.
The FCA has published PS22/10, its policy statement on strengthening the financial promotion rules. This sets out feedback to the January 2022 consultation paper, its final rules and final non-handbook Guidance for firms approving financial promotions.