Market abuse regulation – what are the key issues post-implementation? | Ashurst

Legal Briefing

The revised Market Abuse Regulation (MAR) came into force on 3 July 2016. Like several similarly important European initiatives, it suffered delays in its finalisation. Unlike certain other important initiatives (such as MiFID II), it did not benefit from a delay. Therefore, large parts of the industry spent the early stages of 2016 hurrying to …

Soft law, hard sanctions

It turns out that the next risk front facing business and promising to reshape the role of general counsel is a piece of legislation notorious among lawyers for having no teeth and little direct liability for companies.

Brexit and the financial services industry | CMS Cameron McKenna

Legal Briefing

At the risk of woeful understatement, the City responded to the referendum result with some surprise and disappointment. The Leave vote may not be legally binding, but the government has committed itself to implement Brexit and it is a question of understanding the consequences.

Ready for anything

Days after the August bank holiday weekend, the former head of the British Civil Service, Gus O’Donnell, returned to Whitehall to catch up with former colleagues and host a live broadcast titled The Leavocrats on Radio 4.

Financial List – reflections one year on | Travers Smith

Legal Briefing

Drawing on specialist judges from both the Chancery Division and the Commercial Court, the Financial List was introduced on 1 October 2015 and is designed to deal with disputes related to the financial markets, as well as complex, high-value claims concerning financial products.

Brits abroad: what are the options post-Brexit? | Magrath Sheldrick LLP

Legal Briefing

Following the result of 23 June 2016 Brexit referendum, many British citizens are concerned with what potential travel restrictions and immigration regulations may be implemented when travelling to EU countries after the UK leaves the EU. A number of potential scenarios have been identified.

The governance dilemma

Stefan Stern forecasts that GCs will be forced to address a renewed attempt to fix what ails governance in UK plc Who knew that the staid term ‘corporate governance’ could create so much excitement? That Latinate phrase seems designed to reassure: ‘governance’ suggests order, calm, and mastery. But the chaps in the boardroom – and …