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Monthly Archives: February 2013

ESMA Seeks To Curb Excessive Risk Taking By Alternative Fund Managers

On 11 February 2013 the European Securities and Markets Authority (“ESMA”) published its final guidelines on remuneration of hedge fund managers. The rules will not only apply to hedge fund managers but also to managers of other alternative investment funds such as private equity funds and real estate funds. Non-EU fund managers who market their […]

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Back To Work Schemes

The Court of Appeal has ruled that the regulations under which most of the government’s back-to-work employment schemes were created are legally flawed as the Government did not make clear the penalties jobseekers might face if they did not take part in these schemes. The Government has now brought in new rules allowing these unpaid […]

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The New UK Financial Services Regulatory Structure

This note provides a brief overview of the new financial services regulatory structure in the UK which is due to come into force later this year. INTRODUCTION AND BACKGROUND On 1 April this year the Financial Services Authority (FSA) will cease to exist and in its place will be three new regulatory bodies, the Financial […]

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Druces LLP Appointed To National Housing Federation Legal Panel

Druces LLP has been appointed to the legal panel of the National Housing Federation (NHF). The NHF is the voice of affordable housing in England. Its members provide 2.5 million homes for more than 5 million people. The NHF represents the work of housing associations and campaigns for better housing. Druces LLP will be offering […]

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