Publication
Challenges to the validity of local council levies
The way that local councils issue special levies, and deal with errors made in the passing of those levies, has come under spotlight in the recent High Court of Australia decision.
On September 26, the parent company of the Chicago Board Options Exchange announced the $3.2 billion acquisition of Bats Global Markets, a high-tech stock exchange founded 11 years ago. Of course, a multi-billion dollar merger transaction is little news to the New York legal market these days. Still, the CBOE-Bats deal is a timely reminder of the existence of a vibrant financial technology (“fintech”) sector largely based in New York.
The fintech industry has gone through several waves of M&A activity over the last two decades. Internet-enabled consumer services, online banks, stock exchanges and trading platforms have all seen sector consolidation—and also fragmentation. These transactions have remade important components of the financial services sector. To put the Bats transaction in context, a global wave of stock exchange consolidation at the end of the last decade was partly due to a new wave of competitors— including Bats—coming into the market since 2000.
Read the full article: Fintech A new MA frontier
Publication
The way that local councils issue special levies, and deal with errors made in the passing of those levies, has come under spotlight in the recent High Court of Australia decision.
Publication
On 22 February 2024, Belgium became the EU frontrunner in the fight against ecocides by being the first EU member state to criminalise ecocide, in the new Belgian Criminal Code.
Publication
The Pensions Regulator’s General Code has arrived and will apply from March 27, 2024. In this briefing, we take a step back from the detail. We set out why the General Code really matters and how pension scheme trustees can best make it work for them.
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