The Scottish government has announced plans to investigate the potential raising of funds by a Scottish bond issue on international markets. Nicknamed “kilts” instead of gilts, while the details are sketchy at the moment, this would be a significant move for the SNP-dominated Scottish government. So, what more do we know about the potential issue of bonds?
As UK and EU authorities continue to discuss ways in which their financial services sectors can work together, the UK government has announced significant changes to investment research regulations. A raft of recommendations was announced (and carefully considered) in July 2023 after the completion of the Investment Research Review. While the UK and EU are working independently, they are moving broadly in the same direction regarding investment research changes.