Krishna Shorewala

Feb 5, 2024 | lexology.com | Nish Dissanayake |Patricia Horton |Zoë Wilson |Shantanu Naravane |Krishna Shorewala |Clive Cunningham | +2 more

Last week, the government announced its first equivalence decision under s271A of the Financial Services and Markets Act 2000 (FSMA), finding the EEA states to be equivalent under the Overseas Funds Regime (OFR). The equivalence decision will apply to undertakings for collective investment in transferable securities (UCITS), except those which are also Money Market Funds (MMFs), as there is ongoing regulatory development in this area.

Jul 13, 2023 | mondaq.com | Rachel Pinto |Michael Aherne |Nish Dissanayake |Krishna Shorewala

As expected, the Chancellor used his annual Mansion House speech last night to announce a series of initiatives designed to increase the amount UK pension funds invest in UK high-growth companies and to boost returns for pension savers. The Chancellor also announced measures designed to strengthen the UK's position as a listing destination, as well as plans to reform and simplify the UK's financial services rulebook.