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May 16, 2024 | 
jdsupra.com | Greg Norman |Abigail Reeves
In March 2024, the Financial Conduct Authority (FCA) released two documents with its updated supervisory approach for the asset management and alternatives sector: the FCA’s 2024/25 Business Plan (the Business Plan), and a “Dear CEO” letter titled “Our Asset Management & Alternatives Supervisory Strategy – interim update” (the Dear CEO Letter).
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Feb 16, 2024 | 
jdsupra.com | Greg Norman |Abigail Reeves
[co-author: Frank Lech]Activist shareholders had a busy 2023: The incidence of activist campaigns in Europe soared by almost 70% compared to 2022, according to data compiled by Skadden and Activistmonitor. As we described in a previous issue of The Preferred Return, UK-listed investment trusts were certainly a part of this trend, with several high-profile activist campaigns targeting such funds.
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Jan 8, 2024 | 
jdsupra.com | Greg Norman |Abigail Reeves
[co-author: Frank Lech]On 28 November 2023, the UK’s Financial Conduct Authority (FCA) unveiled its Policy Statement PS 23/16 (Policy Statement), which sets out the final rules for sustainability disclosure and investment labels (SDR Rules). The market has been anticipating this development since the FCA released its consultation paper on the draft SDR Rules in October 2022 (SDR Consultation).
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Dec 5, 2023 | 
jdsupra.com | Robert Chaplin |Greg Norman |Abigail Reeves
On 24 November 2023, the industry-led Technology Working Group of HM Treasury’s Asset Management Taskforce (Group) released an interim report (Report) outlining a strategic blueprint for the implementation of fund tokenisation in the UK. This development occurs amid the broader initiative by the UK regulatory bodies to harness the potential of technological advances, including blockchain and distributed ledger technology (DLT), to bolster the UK asset management industry.
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Nov 15, 2023 | 
jdsupra.com | Robert Chaplin |Greg Norman |Abigail Reeves
[co-author: Frank Lech]The United Kingdom has long been a target destination for activist investors. It is the venue for nearly half of all of recent activist campaigns in Europe. In previous articles, we have discussed how informed boards should stay alert to the possibility of an activist campaign, and the basic steps they can take to prevent them.
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Oct 27, 2023 | 
jdsupra.com | Robert Chaplin |Greg Norman |Abigail Reeves
[co-author: Frank Lech]In a speech at the Investment Association’s Annual Dinner on 11 October 2023, Ashley Alder, chair of the UK’s Financial Conduct Authority (FCA), expanded upon the FCA’s discussion paper, “Updating and Improving the UK Regime for Asset Management” (Discussion Paper) published in February 2023.
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Oct 20, 2023 | 
bvmsports.com | Greg Norman
Key points: LIV Golf aims to make the game more diverse and attractive to a younger and international audience The organization has a strong focus on creating positive social change and becoming climate-positive LIV Golf is actively engaging with communities and supporting initiatives to increase access to the sport LIV Golf, founded by Greg Norman, has a mission to change the game of golf for the better and make it more diverse and attractive to a broader, younger, and international...
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Aug 2, 2023 | 
corpgov.law.harvard.edu | Marc S. Gerber |Greg Norman |Simon Toms
Wednesday, August 2, 2023 PrintTweet Marc S. Gerber, Greg Norman, and Simon Toms are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Gerber, Mr. Norman, Mr. Toms, Boris Bershteyn, Tansy Woan and Kathryn Gamble.
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Jul 31, 2023 | 
corpgov.law.harvard.edu | Marc S. Gerber |Greg Norman |Simon Toms
Monday, July 31, 2023 PrintTweet Marc S. Gerber, Greg Norman, and Simon Toms are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Gerber, Mr. Norman, Mr. Toms, Boris Bershteyn, Tansy Woan and Kathryn Gamble. Further Developments in the Green Energy TransitionThe green energy transition continues to be a focus following the invasion of Ukraine.
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Feb 10, 2023 | 
lexblog.com | Raquel Fox |Marc S. Gerber |Aurora Luoma |Greg Norman
Following another year of increasing focus on environmental, social and governance (ESG) considerations by companies, investors and regulators alike, ESG appears to have cemented its position in the corporate landscape. As set out in our 28 July 2022 client alert “H1 2022 — ESG Trends and Expectations”, although the invasion of the Ukraine highlighted the need to accelerate the green energy transition, the unforeseen event did not slow progress on a number of other key ESG themes.
