Health Alert — 13 May 2013

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Latest Briefings

EMI Options: Approval granted

By Ben Watson As mentioned in our previous update, the tax reliefs associated with Enterprise Management Incentives (EMI) options are technically a form of state aid and therefore require approval from the EU Commission.  Two days before the deadline of 7 April 2018, HMRC announced that the UK had failed to renew its EU state aid […]

Avoid World Cup marketing own goals this summer

By Jo Pritchard The 2018 FIFA World Cup is to shortly kick off in Russia. Amidst the excitement, it is important to remember a few key dos and don’ts for any planned marketing campaigns. With a global audience of more than 3 billion, it will be tempting to capitalise on the football fever with World […]

Independent review of building regulations and fire safety

The catastrophic events of the evening of 14 June 2017 which led to the tragic loss of 71 lives at Grenfell Tower has cast a spotlight on the system relating to the design, construction and maintenance of high-rise and complex buildings. In the wake of the disaster, the government announced an independent review of building […]

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Margin requirements for non-centrally cleared derivatives

In February 2013, the Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) published a second consultative document on margin requirements for non-centrally cleared derivatives, setting out proposals aimed at (i) reducing systemic risk and (ii) promoting the central clearing of derivatives transactions. The consultation closed for comment on 15 […]

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Farrers and Olswang confirm redundancies

Farrer & Co and Olswang have both confirmed the results of redundancy consultations begun earlier this year, laying off fewer people than originally feared. The two firms began redundancy consultations in January. Farrers said it was in talks with 12 staff, including one fee-earner (16 January 2013) while Olswang held a redundancy consultation with six […]

FCA publishes policy statement PS 13/1 on platform service providers and rebate payments

Following the Financial Services Authority’s (FSA) June 2012 consultation paper, the Financial Conduct Authority (FCA), assuming responsibility for publishing the rules from its predecessor, has published its policy statement addressing payments from product providers, such as fund managers, to platform service providers and consumers. In summary, platform services must be funded using charges disclosed to […]

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