In the following RANE Network Intelligence Report, A&M Managing Director David Lawton highlights key takeaways from the UK Financial Conduct Authority’s (FCA) early July 2017 report on the state of competition in the asset management industry.

We know what drives you: applying complex tax rules to a rapidly changing industry. We share your passion. Having served many businesses in this industry over the years, we are proud to be in this high-skill and high-challenge environment with you, and we are eager to share what we've learned with our fellow industry mates.

The new accounting standard for Current Expected Credit Loss (CECL) that will be enforced in January 2018 will require significant changes for many banks and other institutional investors who own troubled debt.

While the discussion of intellectual property (IP) migration tends to focus on the internal sale of technology, another type of IP that is often sold between related parties and should enter the conversation are customer relationships to maximize operational efficiencies and correspondingly reduce their effective tax rate.

While there are many uncertainties in the House Republicans’ current tax reform blueprint, perhaps the item garnering the most attention is the potential decrease in the corporate tax rate from 35 percent to 15 or 20 percent.

2016 was an active year for global mergers and acquisitions (M&A), although by most measures total activity backed off slightly from the records set in 2015. 2017 has begun with deal volumes consistent with early 2016, both in terms of the total number of deals as well as overall volume.

Leading global professional services firm Alvarez & Marsal (A&M) has further strengthened its European Restructuring practice and suite of corporate transformation services by welcoming two senior restructuring partners from KPMG and EY respectively.

Rejoice: investment into the U.S. may have just gotten cheaper and many inbound investors may be entitled to refunds.

Alvarez & Marsal (A&M) today announces the findings of a study identifying potential activist targets and the key levers that a company can utilize in reducing the risk of an approach.

Leading global professional services firm Alvarez & Marsal (A&M) has announced that Chuck Lowrey will re-join the firm as a Managing Director in the Private Equity Performance Improvement practice in Houston.

Leading global professional services firm Alvarez & Marsal (A&M) today announces the findings of a study identifying potential activist targets and the key levers that a company can utilize in reducing the risk of an approach.

Alvarez & Marsal (A&M) announced today the successful completion of a refinancing for Vertex Resource Group Ltd. (“Vertex” or the “Company”). Headquartered in Sherwood Park, Alberta, Vertex is a leading North American provider of environmental and industrial services, employing over 450 staff.

In the midst of an administration that has been mired in legislative setbacks on both healthcare and tax reform (among various other “distractions”), President Trump has largely relied on the executive order to further his agenda thus far in Washington, D.C.

Several Alvarez & Marsal Disputes and Investigations professionals have been recognized in the 2017 edition of Who’s Who Legal’s Asset Recovery guide.

I vividly recall the moment in the summer of 2014 while attending a CPE event at the Miami Marlins Park. Sitting in a room of primarily controllers and chief financial officers, those on the front lines of what was about to come, it became clear that we were in for a heavy dose of CPE on a newly issued U.S. GAAP standard on revenue recognition for customer contracts.