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Travers Smith has advised long-standing client Brooks Macdonald Group plc, a leading provider of wealth management services in the UK, on its move from AIM to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority (FCA) and to trading on the Main Market of the London Stock Exchange.
On 25 March 2025, the UK Financial Conduct Authority published a feedback statement (FS25/2) responding to its earlier call for input on reviewing FCA requirements following the introduction of the Consumer Duty in July 2024 (the Feedback Statement). On the same day, the FCA also published its high-level five-year strategy setting out its key strategic priorities until 2030 (the Strategy Document).
Travers Smith has advised Equisoft Inc. on the sale of Altus Consulting, its UK insurance, investments and financial services advisory services business, to Accenture.
Travers Smith LLP is delighted to have been awarded "UK Pro Bono Initiative" at the Legal 500 ESG Awards 2025.
Earlier this week, the UK Home Office published updated guidance (the "Guidance") for businesses on how to comply with the letter and spirit of the UK's Modern Slavery Act 2015 ("MSA").
Travers Smith LLP has advised Crossbay on its latest UK acquisition of the 65,000 sq ft single-let warehouse from abrdn, taking its UK portfolio to over 1m sq ft.
All eyes will be on the Supreme Court next week, as appeals in the lead motor finance commission cases, Johnson, Wrench and Hopcraft[1], will be heard over three days from 1-3 April 2025.
In October 2024, the Government published the Employment Rights Bill, which paves the way for significant reforms to UK employment law. However, the changes are likely to come into force much later than expected.
The Building Safety Act 2022 ('BSA') gives the Government the power to impose a building safety levy on all new residential buildings in England (the 'Levy').
Travers Smith LLP has advised Riviera Travel ("Riviera"), backed by Silverfleet Capital ("Silverfleet"), on the refinancing of its debt facilities. The new five-year, £125 million unitranche facility is provided by H.I.G.
A regular briefing for the alternative asset management industry.
6 April 2025 has now been confirmed as the "go live" date for most of the consumer law provisions of the Digital Markets, Competition and Consumers Act 2024 ("DMCCA"). These changes will give the UK one of the toughest enforcement regimes in the world, with the prospect of fines of up to 10% of global turnover on B2C businesses for infringing UK consumer law.
Leading independent law firm Travers Smith LLP announces that it is to open a new office in Brussels, the heart of the European Union, further strengthening its international Competition Practice.