The following Financial Services practice note Produced in partnership with Macfarlanes LLP provides comprehensive and up to date legal information covering:
BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. Following IP completion day, key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see: Brexit and financial services: materials on the post-Brexit UK/EU regulatory regime.
This Practice Note considers the role of depositories of UCITS funds (ie open-ended collective investment schemes which are undertakings for collective investment in transferable securities) and the provisions of Directive 2009/65/EC (the UCITS Directive) as amended by Directive 2014/91/EU (UCITS V) and UK implementing measures (such as those in the Financial Conduct Authority (FCA) Handbook). It examines the obligations and requirements of a depositary, who can act as a depositary, liability, and delegation restrictions.
Undertakings for collective investment in transferable securities (UCITS) are open-ended collective investment schemes which comply with Directive 2009/65/EC on the co-ordination of laws, regulations and administrative provisions relating to UCITS (the UCITS Directive, also known as UCITS IV) as amended by Directive 2014/91/EU (UCITS V).
The requirements relating to depositaries are set out in Articles 22–26b of the UCITS Directive. In addition, Directive 2010/43/EU implementing the UCITS Directive as regards organisational requirements, conflicts of
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This Practice Note identifies the main torts (bar negligence and nuisance, which are covered elsewhere in our related content) and their key characteristics. Specifically:•trespass to land•trespass to the person•privacy/defamation•liability for animals•employers' liability•product
This Practice Note looks at CE-File electronic working in the courts under CPR PD 51O, in the context of case management. It provides guidance on how to file a document electronically, deal with rejected electronic filings, issue a claim electronically, file electronic bundles (eBundles) for case
What is a third party debt order (TPDO)?Third party debt orders were previously known as 'garnishee' orders and operated under the regime provided for in CCR Ord 30 and RSC Ord 49 (now revoked). Although the rules in CPR 72 are new, many of the principles with which they are concerned are well
This Practice Note considers the doctrine of forum non conveniens, also referred to as the appropriate forum or the proper place for a dispute to be determined. This doctrine is of relevance when determining whether the courts of England and Wales have jurisdiction to hear a dispute and is applied
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