DWF advises Cirdan Capital Management in the extension of its permits
04 November 2021
DWF, the global provider of integrated legal and business services, has advised Cirdan Capital Management on the extension of its permissions in obtaining The FCA's Client Money and Assets (CASS) qualification.
DWF has assisted Cirdan Capital Management with a multidisciplinary cross-border team comprising Luca Lo Po' (Partner and Head of Financial Services and Capital Markets for DWF in Italy) and Andrew Jacobs (Partner and Head of Regulatory Consulting).
An independent Competition and Markets Authority (CMA) inquiry group has provisionally found a general lack of competition in the UK cloud services market. In addition, the group has recommended that the CMA designate Amazon Web Services (AWS) and Microsoft with strategic market status under the new Digital Markets, Competition and Consumers Act 2024 (DMCCA) and consider making interventions accordingly. This will be welcome news to many consumers of cloud services, particularly those uncomfortably reliant on a single legacy supplier, or wishing to diversify their cloud infrastructure for resilience.
The extractive sector, with its potent cocktail of high financial stakes and intricate global supply chains, has long been viewed as a fertile ground for corruption. In this introductory section of an insight, originally published by McGill Journal of Dispute Resolution, we set the scene of the entire publication.