Simmons & Simmons

What lies ahead for the world of business and law? This January, prepare to be captivated as we release a new production of The Year Ahead. A glimpse into 2025 and beyond, crafted with insight and foresight, ready to challenge the expected and embrace the extraordinary. Stay tuned to our social channels for the premiere that will redefine perspectives and ignite discussions. Share your predictions for 2025 in the comments below. What future do you foresee? Are you ready to look beyond the horizon?

🚨 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝗚𝗲𝗿𝗺𝗮𝗻𝘆'𝘀 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗶𝗴𝗶𝘁𝗮𝗹𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗔𝗰𝘁 🚨 On 18 December, Germany adopted the Financial Market Digitalisation Act (FinmadiG). This significant legislation aligns with the EU's Digital Operational Resilience Regulation (DORA) and the Markets in Crypto-Assets Regulation (MiCAR), reinforcing Germany's position in the digital finance sector. Despite recent political challenges, the passage of FinmadiG underscores Germany's dedication to digital resilience and innovation. It grants BaFin and the Bundesbank the authority to enforce DORA, while the new Crypto Markets Supervision Act (KMAG) harmonizes crypto-asset regulations, providing a streamlined licensing process for Crypto-Asset Service Providers (CASPs). For a comprehensive understanding of FinmadiG's impact, read the full analysis by Christopher Götz, LL.M. (New York) and Jochen Kindermann, on our website: https://lnkd.in/eXHXU6jk #DigitalFinance #FinmadiG #DORA #MiCAR #CryptoAssets

Our last SMCR+ View of 2024 is now live!   In this edition, we explore the key findings on the first set of Consumer Duty Board Reports, AI and financial services, updates on the FCA’s enforcement consultation, key enforcement actions, remuneration reforms and much more.    Read now: https://lnkd.in/eJf4JjRc   #SMCR #EmploymentLaw #FinancialServices #FinancialRegulation

Time to wrap up another year. 🌟 You read our articles, listened to our podcasts, watched our videos, joined us at events and more. Thank you for being a part of it! 🙌

A look back at this year’s Global legal and business outlook 🌍   Future+vision was this year’s theme, and we were delighted to welcome a visionary roster of guests and Simmons speakers to share their thoughts on what the future holds for financial institutions, asset management and investment funds.   📃 On the agenda were sessions focussing on:   - The global macro-economic landscape - The hot topics shaping the industry - The transformative impact of AI on the legal landscape   With so many incisive talks and discussions, it’s impossible to pick a favourite, but here is a snapshot summary from the session with our first keynote speaker Dr Linda Yueh. We’ll also link the snapshot summary from our second keynote speaker, Lord Holmes of Richmond MBE, in the comments below.   For more insights and learnings from the three days, we encourage you to read our post-event summary, including key takeaways from each of the sessions: https://lnkd.in/ekdTqNeW   #assetmanagement #finance #innovation #AI

We're thrilled to announce a major victory in the Competition Appeal Tribunal (CAT) for BT, represented by Patrick Boylan, Eleanore Di Claudio, Alice Lauterjung, Josh Farquharson, Vanessa Sharman, Anna Crellin, and Rachel Malloch. The case, Justin Le Patourel v BT, is notable as the first opt-out competition collective action to go to trial in the UK, with the CAT dismissing a claim exceeding £1.3bn against BT.   In our article, we delve into the critical aspects of the case, including the CAT's approach to assessing fairness and economic value, which led to this favourable outcome. We also explore the implications for future excessive pricing cases and the broader UK collective actions regime.   This victory not only highlights our commitment to excellence but also sets a precedent in competition law. Read our article for an in-depth analysis of this landmark case: https://lnkd.in/e_Vk-KhE

📢 Calling all GreenTech start-ups: the Simmons GreenTech Fund is back for its fourth year and this is your chance to win £100,000 worth of legal support from us!   We’re committed to supporting businesses that are developing practical solutions to address biodiversity loss and climate change. We’re proud to support GreenTech innovators leading the way in meaningful change. Could your business be next? 📅 Applications are open now, but don’t wait! The deadline to apply is 31 January. Find out more and submit your application today! https://lnkd.in/dbKn_3ym #ClimateChange #ClimateTech #GreenTech

Interested in a career in law? Join us at a solicitor apprenticeship open day! Open days are a fantastic opportunity to learn more about what our solicitor apprenticeship entails plus gaining some top tips for applying. We have two opportunities for you to meet us: 📅15 January 📍London 📅22 January 📍Bristol Find out more and apply via our website: https://lnkd.in/eetJwtvx #apprenticeships #solicitorapprenticeship #legalcareers

Our December ESG View is now live! This month we bring you a festive edition – comprising twelve updates mirroring the theme of the Twelve Days of Christmas. 🎄 We include round-ups from COP29 and global carbon market developments. You’ll also find key regulatory news from Europe and Asia, as well as a sprinkling of key global disputes! 🌎 Read the full newsletter now: https://lnkd.in/ebh7kRrA

🔍 What will happen in the world of employment law in 2025?    Join us at our London office on 15 January where our international employment law partners will share their valuable insights into future employment law trends.    Topics include investigations, whistleblowing, AI and automation, global reorganisations, and the Pay Transparency Directive.    Plus, there'll be country-specific workshops to focus on the specific employment trends within individual jurisdictions (Asia (including Hong Kong and Singapore), France, Germany, Italy, Netherlands, Spain, and UAE). 🌏 If you work in employment, this is an event not to be missed!   Spaces are on a first-come, first-serve basis. Sign up now to secure your spot: https://lnkd.in/dbtc8dfn #employmentlaw