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Green ambitions for post-Brexit UK financial services

Green finance remains high on the agenda despite the potential distractions of COVID-19 and Brexit. Chancellor of the Exchequer Rishi Sunak has already set out further developments in the UK Government’s plans for the future of financial services post-Brexit. Alongside updates on approach to matters including equivalence and financial technology, the announcement emphasised the UK’s intention to remain a leader in green finance.

Latest Briefings

Results of the 2021 Canadian federal election

The Liberal Party of Canada failed to secure a majority in Parliament, but will form another minority government. Little has changed in terms of seat counts, and the composition of the House of Commons will be largely the same in Canada’s 44th Parliament as it was in the 43rd.

Payment for order flow: duty to clients

The discussion around payment for order flow (or PFOF) has been going on for some time in the UK, is nascent in the EU and rages in the US (particularly in relation to retail broking).

Q&A: Supply of goods to Saudi Arabia and GCC preferential tax treatment

Are you considering supplying goods from the Gulf Cooperation Council (GCC) to the Kingdom of Saudi Arabia? If the answer is yes, then this is a must-read to check if you qualify for GCC preferential tax treatment (including custom duty exemption), and the commercial implications you need to consider if you don’t.

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WFW to screen London HQ arrivals with thermal imaging camera

Watson Farley & Williams (WFW) is installing a thermal imaging camera as part of precautionary measures for its City office opening in August. The thermal imaging camera will screen the main entrance to 15 Appold Street, which the firm says will protect staff and visitors and ensure the former have confidence in returning safely to […]

London city

A&O finance duo joins Cahill for long-awaited City push

Cahill Gordon & Reindel, which has been on the lookout to expand its City office, has hired two partners from Allen & Overy’s finance team. Global head of A&O’s leveraged finance practice Jonathan Brownson will join the US firm in September alongside Jake Keaveny, who returns to Cahill after six years. Keaveney formerly practised at […]

Gareth Price

A&O breaks magic circle financials silence with modest growth

Allen & Overy’s revenue increased by 4 per cent to £1.69bn over 2019/20, though the firm anticipates tough market conditions ahead. A&O is one of the first City firms, and the first among the magic circle, to post its financials this year, as others cautiously hold back. The results are for the financial year to […]

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