Search results

New UK securitisation regulations - Edinburgh reforms In this Article, Louis Kriechbaum discusses the new UK Securitisation Regulations and the Edinburgh Reforms. HM’s Treasury, the Prudential Regulation Authority (“PRA”) and the Financial Conduction Authority (“FCA”) have each... Securitisation reporting - revisiting the distinction between public and private securitisations In this article we describe the current distinction between private and public securitisations in the EU and UK (which is currently being reviewed by regulators) and the need for changes in the EU and UK to dovetail with one another. Introduction Both t... UK developments: Consumer duty and other current regulatory topics affecting securitised assets Developments in UK financial regulation over the last 18 months have substantially increased the attention which originators, other participants and investors in securitisations of UK retail assets need to give to regulatory risk. Developments in UK fina... The new securitisation rules In this briefing, Kate Patane outlines the key take-aways from the two recent policy statements issued by the PRA and FCA on the UK Securitisation Regulations. On 30 April 2024, both the Financial Conduct Authority (FCA) and the Prudential Regulation Aut... M&A deals under the microscope In recent years, dealmakers have grappled with an increasingly interventionist and unpredictable regulatory environment for M&A. However, there are signs that the momentum of interventionism is beginning to change with calls from politicians to make m... Private capital's year of building momentum: Is the stage set for 2025? 2024 remained a challenging year for private equity fundraisings, investments and exits. Assets purchased in the era of cheap leverage and high multiples remained locked, with many auction processes failing to take off or being interrupted, while macro-ec... M&A health-check: will favourable conditions and regulatory easing drive M&A growth in 2025? 2024 was a mixed year for dealmaking, with deal values, if not volumes, increasing compared to 2023. Whilst private capital saw a moderate increase in activity, 2024 has been notable for the significant uptick in larger corporate-to-corporate activity in ... Private equity: the evolution of an industry Since the advent of the modern private equity industry in the early 1980s, private equity houses have traditionally adopted the classic model of a buyout fund, raising capital from a club of large institutional investors to fund acquisitions and drive gro... London calling Reports of the death of UK equity capital markets have been greatly exaggerated. While the London market certainly faces serious competition from overseas, the tide is turning on the City declinism of recent years amid a series of co-ordinated efforts fro... To run on or buy-out Whilst the total value of defined benefit (DB) scheme liabilities being transferred to an insurer in the first half of 2024 has been lower than expected, the number of transactions (134) has eclipsed another record in the UK, the highest number of deals e...