Biography
Marc’s principal area of expertise is the establishment and regulation of fund and investment structures. Marc has extensive experience providing legal and compliance advice to fund and asset managers based in the UK, Europe, North America and Asia in relation to fundraising and general financial services regulatory issues under UK, European and global financial services law and regulation. Marc has spent time as in-house counsel at a global alternative asset manager (Brookfield Asset Management) and a global bank. Marc regularly:
- advises a wide-range of clients across private equity, credit, infrastructure and real estate in relation to structuring of private funds, the Alternative Investment Fund Managers Directive and global marketing of investment funds;
- provides strategic advice and operational support in relation to governance and other compliance arrangements to comply with changes in EU / UK financial services regulation, including MiFID II, PRIIPS and ESG-focused regulation such as SFDR, CSRD and the EU’s Taxonomy Regulation;
- advises on the establishment of new investment businesses in the UK, applications for FCA authorisation, the establishment of compliance processes for investment businesses and provides ongoing regulatory advice in relation to matters such as insider trading & market abuse, conduct issues, conflicts of interest, financial promotions, senior manager arrangements, anti-money laundering requirements and general compliance with FCA rules; and
- conducts regulatory due diligence in relation to acquisitions of regulated businesses and negotiates regulatory approval for changes of control in connection with such transactions.
Marc also advises a number of charitable / not-for-profit organisations in relation to establishment and regulation of fund and investment structures on a pro bono basis often involving complex regulatory perimeter and structuring issues.
Firm News & Announcements, Speaking Engagements, Guides and Resources, Latest Thinking, Awards and Recognition
Firm News & Announcements
- Weil Advises the Initial Purchasers and the Lead Arrangers in Dye & Durham’s $905 Million Inaugural U.S. Debt Financings Deal Brief — April 11, 2024
- Weil Advises Oakley Capital on “One and Done” Closing of Oakley Capital Origin Fund II Deal Brief — September 28, 2023
Speaking Engagements
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Sustainability & ESG Quarterly Webinar Series
Speaker(s):
Rebecca Grapsas,
Matthew D. Morton and
Marc Schubert
February 28, 2024 — Weil Public Company Advisory Group partner Rebecca Grapsas, Regulatory Transactions partner Matthew Morton, and Private Funds partner Marc Schubert spoke on the panel “Five Key ESG Developments: How to Prepare in 2024” as part of the Sustainability & ESG Quarterly Webinar Series.
Latest Thinking
- Sustainability & ESG Quarterly Roundup Alert — By Rebecca Grapsas, John P. Barry, Lyuba Goltser, Olivia J. Greer, Rebecca Sivitz, Annemargaret Connolly, Matthew D. Morton, Robert Stern, James Bromley, Christopher Marks, Marc Schubert, Amy Waddington and Romain Ferla — PDF — April 2024
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QAHCs and Credit Funds – Update on Regulatory Registration Requirements
Blog Post — Tax Blog
— By
Aron Joy,
Marc Schubert,
Oliver Rosshandler and
Arup Sen
— September 25, 2023
In April 2022, the UK introduced the Qualifying Asset Holding Company (“QAHC”) regime. The regime is intended to entice investment funds, and certain other investors, to establish their holding structures in the UK as opposed to, for example, Luxembourg or Ireland. To this end, a range of tax reliefs are available to companies that qualify for and elect into the regime, such as no withholding tax on interest paid by a QAHC, the ability to use profit participating instruments to offset returns on debt investments and a blanket UK corporation tax exemption for gains on the sale of (most) shares. QAHCs can also be useful, in particular, for funds whose managers are based in the UK who may have difficulty in establishing or demonstrating sufficient substance in an overseas holding company, which may result in issues with local substance requirements in underlying investment jurisdictions or the proposed Anti-Tax Avoidance Directive III, if it is enacted. ...
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Sustainability & ESG Quarterly Roundup
Blog Post — Weil Governance & Securities Watch
— By
Lyuba Goltser,
Annemargaret Connolly,
James Bromley,
Marc Schubert and
Rebecca Grapsas
— September 11, 2023
We are pleased to share with our clients and friends the latest edition of our newsletter, Sustainability & ESG Quarterly Roundup. In this newsletter, we highlight key developments relating to sustainability and environmental, social and governance (ESG) topics over the past quarter, with a focus on developments of interest to U.S. public and private companies, […]
The post Sustainability & ESG Quarterly Roundup appeared first on Governance & Securities Watch.
... - Sustainability & ESG Quarterly Roundup Alert — By Lyuba Goltser, Rebecca Grapsas, Annemargaret Connolly, Matthew D. Morton, James Bromley and Marc Schubert — PDF — May 2023
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Reform to UK VAT treatment of fund management: consultation published
Blog Post — Tax Blog
— By
Aron Joy,
Marc Schubert,
Daniella Abel and
Erica Rees
— December 16, 2022
On 9 December 2022, the UK government launched a consultation setting out its proposed reforms of the UK VAT treatment of fund management. The full consultation can be found here. The consultation is the long awaited follow up to Budget 2020 in which a wide-ranging review of the UK’s funds regime, covering both tax and
The post Reform to UK VAT treatment of fund management: consultation published appeared first on Weil Tax BLOG.
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