United Kingdom | Publication | November 2023
On October 30, 2023, the FCA published a feedback statement on coverage under the Financial Services Compensation Scheme for long-term asset funds (LTAFs).
In June 2023, the FCA had sought views on whether it might be appropriate to remove FSCS cover for regulated activities relating to LTAFs, but in light of the feedback received, it has decided not to take forward that proposal. Instead, it intends to consider any changes to the scope of FSCS protection for retail investments in the round, rather than excluding activities relating to certain investment products in isolation.
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In this edition we examine the main aspects and recommendations contained in the Law Society’s new climate change and property practice note, and assess the Supreme Court’s eagerly anticipated decision in the case of URS Corporation Ltd v BDW Trading Ltd.
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On May 8, the Court of King’s Bench of Alberta released its decision in Clearview AI Inc. v Alberta (Information and Privacy Commissioner) (the Decision).
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Gold is a commodity like no other. With its monetary function, gold is commonly used as an alternative to foreign exchange (FX) and performs the role of a “safe harbour” asset for professional and retail investors to hedge against uncertainty and volatility in the markets.
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