Publication
Blue Bonds: Making a splash in the Capital Markets
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
Pensions Regulator shares findings from value for members compliance exercise
United Kingdom | Publication | March 2024
Under the Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021, which came into force in October 2021, trustees of DC schemes with total assets of less than £100 million must carry out a value for members (VfM) assessment.
According to the DWP's statutory VfM guidance, if, having completed the VfM assessment, the trustees conclude that the scheme does not provide value for members, they should look to wind up the scheme and transfer members' rights into a larger occupational or personal pension scheme, or set out the immediate action they will take to make improvements.
In a recent press release, the Regulator reports that its pilot initiative to help drive consolidation is already having an effect. Some 16 per cent of schemes taking part in the exercise, having concluded that their schemes do not offer good value, have opted to wind up.
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Publication
Marine Money Week New York 2025
We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
Publication
The parallel imposition requirement in exclusive distribution systems: key takeaways from the CJEU’s ruling in Beevers Kaas
On 8 May 2025, the Court of Justice of the European Union (the CJEU) delivered its ruling in case C-581/23 (the Ruling), providing guidance on one of the conditions for an exclusive distribution agreement to benefit from the block exemption under Article 4(b)(i) of the 2010 Vertical Block Exemption Regulation (the VBER)1, notably the so-called ‘parallel imposition requirement’.
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