Simon advises on:
-
a range of corporate finance transactions;
-
all areas of financial regulation; and
-
debt capital markets and derivatives.
Simon began his career at Russell McVeagh in 2016 and has remained at the firm since then.
Following consultation earlier this year on the Government's proposal to reform certain aspects of financial services legislation, the Government has today released its Cabinet paper detailing its decisions. In this Financial Regulation update we outline what these decisions are.
The Financial Markets Authority has released draft guidance for consultation in relation to the requirements under the Financial Markets Conduct Act 2013 and Financial Markets Conduct Regulations 2014 that apply to providers of "client money or client property services" (Client Property Requirements).
Submissions close on 23 October in the next round of consultation by Treasury and the Reserve Bank on the prudential framework for deposit takers and depositor protection. In this briefing, we focus on chapter 8 of the consultation document – depositor protection. In particular, we discuss depositor preference and whether the 2019 Capital Review may influence the decisions that are made.