We are often asked about trusts, what their purpose is and how they function. A trust is essentially a contract between the Founder and the Trustees who undertake to manage the trust assets for the benefit of the beneficiaries.
The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, has welcomed the UK Financial Conduct Authority’s initiative to consult the market on broadening the reach of its existing regulatory sandbox, and reiterated its support for a globally coherent approach to FinTech.
Instruments & Investments
Merger & Acquisition (M&A) transactions in South Africa declined in terms of both the volume and value of domestic and cross-border deals, according to analysis by Baker McKenzie of Thomson Reuters M&A data for South Africa.
Large-in-Scale, dark volumes increase as buy-side firms focus on delivering best execution post-MiFID II
Liquidnet report reveals how MiFID II has impacted trading behavior in Europe to date and reviews the potential for further change given the rise in periodic auctions and SI volumes, contrary to the regulatory intention of increasing liquidity on lit markets.
Domestic and cross-border Initial Public Offering (IPO) capital raising by African issuers in the first half of 2018 (H1) increased by 33% year-on-year to USD 396 million, while volume grew by 25% to 5 IPOs. This is according to Baker McKenzie’s Cross-Border Index for H1.
Medical advancements mean that we can hope to live much longer lives, but this raises the key question: how do you save enough money to ensure that your retirement funds don’t dry up too soon – especially if you’re a late starter?