Mutuo has worked in the UK and Australia to amend the capital regime so that external capital can be injected whilst the core purpose and mutual integrity of businesses is maintained. This has led to significant legal and regulatory reforms, with new capital now being raised on commercial markets. We help national representative bodies and individual businesses create a better legislative framework.
In 2015, Mutuo worked with British mutual businesses to develop a new share for mutual insurers and friendly societies culminating in the Mutuals’ Deferred Shares Act.
Mutuo proposed a new instrument for Australian co-operatives and mutuals, worked with a team of Australian businesses, lawyers and funding experts to design the Mutual Capital Instrument, negotiated with Treasury officials and ministers to help build bipartisan support for the new legislation and assisted Parliamentarians in taking it through to Royal assent.
In 2020, Mutuo produced a series of educational events to help individual firms to prepare to take advantage of this new capital raising opportunity.
For more information, please contact us.