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United Kingdom · United KingdomOn 30 May 2025, the Financial Conduct Authority (FCA) published a webpage in which it welcomed the statement by the Investment Association, Personal Investment Management & Financial Advice Association, and Alternative Investment Management Association supporting the faster settlement of trades in funds. The FCA’s webpage adds that:
The settlement period for transactions in listed stocks and bonds in the UK, Switzerland and EU will change to T+…See the Story
FCA Welcomes Statement Supporting Faster Settlement of Trades in Funds

Alberta · AlbertaPatience is good advice as demonstrated by the case of Subway Developments 2000 v. Subway Franchise Systems of Canada, (S.D.N.Y. Jun. 9, 2025) 2025 WL 163602. This analysis was first published in the Legal Intelligencer by Craig Tractenberg. The U.S. District Court for the Southern District of New York was petitioned to enter judgment and confirm a “partial final award,” but the district court held that such a petition was improper and premature…Read Article
Patience Needed in Franchise Dispute Resolution

Taxes · New YorkNew York’s Medicaid financing strategy—particularly its use of a managed care organization (MCO) tax—has come under renewed federal scrutiny amid recent legislative proposals and regulatory developments. The federal reconciliation bill, known as the One Big Beautiful Bill Act (OBBBA), alongside newly proposed guidance from the Centers for Medicare & Medicaid Services (CMS), could significantly influence how New York and other states structure he…Read Article