BankingA Bank’s Duty of Care: UK Supreme Court Clarifies Scope of the Quincecare Duty in the UKJuly 21, 202348The Quincecare duty in English law, also recognised in Irish law, requires a bank not to execute a payment instruction...
FundsPrivate funds radar – July 2023July 20, 202359The private funds radar is our regular roundup of developments from around the world for private fund stakeholders. If you...
CryptocurrencyCommercial Court takes rare decision to refuse enforcement of arbitration award on public policy grounds in crypto caseJuly 19, 202324The Commercial Court has refused to enforce a foreign-seated arbitration award on the grounds that to do so would be...
InvestingUK investor visa vs visa by investmentJuly 18, 202340Investor visa Since the Home Office scrapped the Tier 1 (Investor) visa in 2022, a replacement visa route is yet...
CryptocurrencyDevelopments in the regulation of crypto assets – if not the Financial Conduct Authority then who?July 17, 202327A recent report from the House of Commons Treasury Committee, 'Regulating Crypto', highlights ongoing concerns about the lack of regulation...
CryptocurrencyBlockchain Bites: A big Ripple in the regulatory waters with judgment finding token is NOT a security under US law, Singapore proposes new crypto custody rules, UK brings crypto within regulatory perimeter, EU agrees rules for banks’ crypto holdingsJuly 14, 202326A big Ripple in the regulatory waters with judgment finding token is NOT a security under US law In a...
PensionApplications for Long-Term Resident Visa by Wealthy PensionersJuly 13, 202362Thailand has introduced and implemented the Long-Term Resident Visa (“LTR Visa”) measure since 1st September 2022 to provide long-term visas...
InvestingFeels like MiFID III? – The Commission Proposal on the EU Retail Investment Strategy and what it means for firmsJuly 7, 202341In the heated discussion around the ban on payment for order flow, the proposal on the Retail Investment Package (the...
InvestingUK/EU Investment Management Update (July 2023)July 6, 202339Summary In this Sidley Update, we cover, amongst other things: on the UK side, the Financial Conduct Authority (FCA) updates...
BankingIn brief: enforcement proceedings against sovereign states in USAJune 30, 202334Enforcement immunity Domestic lawDescribe your jurisdiction’s law governing the scope of enforcement immunity (ie, whether the property of a state...