British fintech investment across M&A deals has boomed as the country emerges from the pandemic, soaring in the first six months of 2021 to four times the $5.9bn invested during the whole of 2020 - City A.M speaks to Merlin Piscitelli about the M&A trends to come.
Will the FCA s reform agenda set off a SpAc revolution? cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
Recent UK and EU regulatory developments of interest to financial institutions and markets.
Contents:
UK Money Markets Code updated by BoE
UK Listing Review: government response
UK EMIR: trade association letter on use of EEA UCITS as collateral
MiFID: European Commission adopts Delegated Regulation correcting MiFID Delegated Regulation (EU) 2017/565
EMIR and SFTR: ESMA reports on quality of data published
LIBOR transition: FMSB case studies for conduct risk in back book transition
Recognised Auction Platforms (Amendment and Miscellaneous Provisions) Regulations 2021
The Recognised Auction Platforms (Amendment and Miscellaneous Provisions) Regulations 2021 (SI 2021/494) have been published, together with an explanatory memorandum.
The Regulations, made under section 8 of the European Union (Withdrawal) Act 2018, amend primary and secondary legislation, and parts of retained EU law, to address deficiencies arising from the withdrawal of the UK from the EU. They amend UK fina
To embed, copy and paste the code into your website or blog:
Given the increasing popularity of special purpose acquisition companies (SPACs) and the desire to retain London’s competitiveness in the IPO space, on 31 March 2021, the Financial Conduct Authority (FCA) announced its plan to consult on SPAC-related amendments to its listing rules and associated guidance. The FCA plans to remove the requirement for suspension of trading of a SPAC upon the announcement of an acquisition, and also plans to update related guidance to strengthen protection for investors in SPACs. The restrictive nature of the suspension requirement has seen the UK lag behind the United States and certain EU jurisdictions in the recent SPAC “boom,” and its removal could enable UK SPAC investors and companies to benefit from this recent trend in the global investment space.
Key Regulatory Topics: Weekly Update 26 Feb - 4 Mar 2021 | Allen & Overy LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.