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.
Pension scams: Pensions Regulator updates WPC on preventative pledge
United Kingdom | Publication | May 2023
The Work and Pensions Committee has published a letter from the Regulator providing an update on the effectiveness of its pledge to combat pension scams campaign, launched in November 2020. The pledge is a two-step process that commits schemes to taking action to protect members and follow the principles of the Pension Scams Industry Group (PSIG) code of good practice, and then encourages schemes to self-certify that they are fulfilling the pledge principles.
Since 2020/21 more than 600 schemes have taken the pledge, including nearly 60 per cent of Pension Scams Industry Forum (PSIF) members and master trusts. Further, 324 schemes have so far self-certified under the second step. The Regulator says it will continue to "nudge" more schemes to do so.
The letter also highlights that the Regulator has contributed to the DWP's review of the additional transfer restrictions put in place by the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021. The Regulator says it continues to work to prevent scams, while not unduly restricting legitimate transfers. It intends to keep relevant guidance under review.
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Recent publications
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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