Publication
Compliance Quarterly Türkiye
In this issue of Compliance Quarterly Türkiye, we continue to inform you of global and local compliance rules and regulations impacting Turkish businesses.
Stablecoins: the future of M&A transaction settlements?
A Zodia Markets and Norton Rose Fulbright white paper
United Kingdom | Publication | October 2024
Many M&A processes conclude with the buyer instructing its bank to wire funds to the seller’s account. Such transfers, while simple in theory, can involve delays and additional costs as the funds make their way through the correspondent banking network. In recent years, fiat-collateralised stablecoins such as Tether (USDT) and USD Coin (USDC) have risen in popularity as an alternative, low-cost, and quick means of settling transactions.
Together with digital asset brokerage – Zodia Markets, we explore the existing issues with corporate transaction settlements, how these issues are usually mitigated (where possible), and what advantages stablecoins may offer to complement the traditional banking system.
Zodia Markets:
Recent publications
Publication
UK Pensions Briefing | New Pensions Ombudsman streamlined decision-making process | January 2025
The Pensions Ombudsman has rolled out some significant changes to its decision-making process following a root and branch review of its operating model. The result should be faster decisions, with ill-conceived complaints turned away much earlier in the process. However it will also impact trustees’ and employers’ processes too. The Ombudsman is expecting greater proactivity to settle complaints, and faster responses when an investigation starts.
Publication
Incentivising Long Duration Electricity Storage – Ofgem’s call for input
Following the Department for Energy Security and Net Zero’s (DESNZ) October 2024 announcement on a proposed cap and floor regime for Long Duration Electricity Storage (LDES), Ofgem published its ‘call for input’ on Role, Plan, and response to the DESNZ on 18 December 2024 (Call for Input).
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