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.
DWP responds on the General Levy consultation
United Kingdom | Publication | March 2024
In October 2023, the DWP launched a consultation on proposed changes to the structure and rates of the General Levy. The levy is paid by occupational and personal pension schemes and covers the funding provided by the DWP in respect of the core activities of the Regulator, the Pensions Ombudsman and the pensions-related activities (excluding Pension Wise) of the Money and Pensions Service (MaPS).
Of the three options set out in the consultation, the Government has elected to proceed with option 2, which was supported by a large majority of those who responded. This entails retaining the current levy structure and increasing the rate by 6.5 per cent per year.
The Occupational and Personal Pension Schemes (General Levy) (Amendment) Regulations 2024 have been made and laid in both Houses of Parliament. They are due to come into force on April 1, 2024.
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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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