Advising the Wales Pension Partnership on its procurement of an operator to establish and run a collective investment vehicle to enable the pooling of circa £15 billion of assets across a range of asset classes.
Providing legal opinions to various financial institutions (including a major UK bank) regarding compliance with BIPRU in relation to real estate collateral, and advising a significant UK asset management firm on its tier 2 capital structures including the provision of a legal opinion in relation to compliance with GENPRU.
Assisting Royal London with the development of its new pre-paid Funeral Plan proposition which involved advising on the legal structure of the product and the relevant regulatory requirements, drafting of the client terms and conditions and drafting and negotiating the commercial contract between Royal London and its partner Ecclesiastical.
Advising various UK banks and investment firms on the implementation of FCA and PRA remuneration and senior management requirements, including the Senior Management and Certification Regime.
Advising St. James’s Place on the launch of an innovative and unusual fund, structured as a fund of alternative investment funds. This instruction included advising on the product development and application of the regulatory requirements including in particular redemption mechanics, drafting the product documentation and FCA authorisation application, pre-engagement with FCA and drafting and negotiating an agreement with a US delegate investment manager.
Advising a major stockbroker on the restructure of its cross-border activities as part of its preparation for Brexit.
Reviewing terms and conditions for major financial services firms in relation to stakeholder and personal pensions, savings, insurance, credit, ISA and investment products.
Advising a community interest company established to coordinate social impact investing on its requirements under the regulatory regime, its client agreements and the basis on which it was to seek financial support for its charitable clients, including advice under the financial promotions regime.
Advising a bank client in the review and rewriting in plain English of its entire suite of personal and non-personal savings products (including term savings products and cash ISA). The project also saw the development of a common set of terms and conditions to apply to all types of savings products.
Advising Resonance Impact Investment Limited on the launch of one of the UK’s first social investment tax relief funds, including regulatory and tax advice on structuring and distribution of the fund, together with investment documentation, client terms of business, investment advisory agreement and template loan agreement, together with regulatory advice resulting in successful lobbying to change the financial promotion regime.
Advising an asset management client on platform agreements for VCTs and unlisted financial products.