Corporate Finance
Bovill provides services to a number of corporate financiers, some that provide traditional corporate finance advice through to boutiques that operate in a particular sector or specialism. Firms who provide advising and/or arranging services in relation to corporate mergers & acquisitions, management buy-ins & buy-outs and/or debt & equity finance, are likely to be caught by FSA regulation unless they are able to rely on an exemption.
Some specific examples of our work include assisting with preparing for MiFID (the Markets in Financial Instruments Directive), training for approved persons, undertaking a corporate governance review and helping an accountancy firm that previously relied on the Designated Professional Body regime to become authorised to provide corporate finance advice as their main business.
There are a number of regulatory issues which are of particular relevance to this sector, including:
- the promotion of corporate investment opportunities to potential investors utilising an exemption under FSMA;
- client categorisation of corporate clients under the MiFID client categorisation regime, and the extent to which the conduct of business rules apply to such clients; and
- implementing procedures to identify, manage and monitor potential conflicts of interest.
In addition, Bovill deal with a number of clients who operate in the Private Equity and Venture Capital sectors. More information about how we can assist firms operating in these sectors can be found here.