Andrew Denny

Oct 28, 2024 | jdsupra.com | Andrew Denny |Jason Rix

The English court has implied a term into an agreement referencing three-month USD LIBOR. The term implied was that if LIBOR no longer functions, the calculation should be performed using a reasonable alternative rate as at the date the calculation is to be made. Standard Chartered issued preference shares to Guaranty to satisfy certain regulatory capital requirements. Guaranty was the sole registered shareholder as nominee for a depository which issued American depository shares.

Mar 27, 2024 | jdsupra.com | Andrew Denny |Richard Evans |Khush Kotecha

As the UK Government seeks to put sustainability at the heart of the beautiful game, in this article we consider: the UK Government’s intentions for establishing the Independent Football Regulator (the Regulator);  why the UK Government feels action is required now;  the possible implications of the Regulator on the sport, and what sanction powers it will have; and  the timings for the Regulator’s introduction.

Jan 18, 2024 | jdsupra.com | Ying-Peng Chin |Andrew Denny |Bethany Gregory

Last year, we wrote about ClientEarth’s application to the High Court of England and Wales for permission to bring a judicial review claim, alleging that the UK Financial Conduct Authority (FCA) unlawfully approved the IPO prospectus of an energy company. Following the High Court’s dismissal of the application, a renewal hearing was held on 13 December 2023, where the judge again refused permission to bring the judicial review claim. Please see full publication below for more information.

Dec 20, 2023 | jdsupra.com | Ying-Peng Chin |Tamara Cizeika |Andrew Denny

The Financial Conduct Authority’s (FCA) new package of sustainability disclosure requirements (SDR) and investment labelling rules is a key pillar of the UK government’s efforts to introduce an economy-wide SDR regime. All FCA-authorised firms should pay attention to the anti-greenwashing rule which will come into force on 31 May 2024, and engage with the FCA’s consultation on its proposed anti-greenwashing guidance.

Dec 15, 2023 | jdsupra.com | Ying-Peng Chin |Tamara Cizeika |Andrew Denny

The FCA has issued the final version of its rules for stage one of the UK’s new Sustainability Disclosure Requirements or SDR, together with its new ESG product labelling regime. The rules are detailed and complex. The new rules include restrictions on how managers can use terms like ‘ESG’, ‘green’ or ‘sustainable’ in product names and marketing. Please see full publication below for more information.  Download PDF