In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more
1/26/2018
/ Consumer Financial Products ,
Corporate Governance ,
EU ,
EU Benchmark Regulation ,
Financial Crimes ,
Financial Crisis ,
IFRS ,
MiFID II ,
Prudential Standards ,
Terrorist Financing ,
UK
In this newsletter, we provide a snapshot of the principal European, U.S. and selected international governance and securities law developments of interest to European corporates.
...more
1/26/2018
/ Asia ,
Corporate Governance ,
Enforcement Actions ,
EU ,
Examination Priorities ,
Financial Markets ,
Italy ,
Securities Litigation ,
Strategic Enforcement Plan ,
Tax Cuts and Jobs Act ,
UK
MiFID II is Europe’s new financial regulation for investment business which came into effect on 3 January 2018. The banking and legal industries seem to be unsure about whether or not MiFID II treats both issuers and buy-side...more
In a referendum held Thursday, June 23, 2016, the citizens of the United Kingdom (the “UK”) voted to leave the European Union (“EU”) in the so-called “Brexit”. Although the European Union Referendum Act, which authorized...more
In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more
Guidance of questionable legal accuracy from the European Securities and Markets Authority (ESMA) casts doubt on the ability of non-EU members of EU exchanges to provide client access to such exchanges through a technique...more
Various industry bodies and regulators, including the Bank of England and Bafin, have recently raised fears that there will be a cliff edge on Brexit for certain types of financial contract, most notably derivatives and...more
10/31/2017
/ Bank of England ,
EU ,
EU Charter ,
EU Passport ,
European Court of Human Rights ,
Financial Contracts ,
ISDA Master Agreement ,
Member State ,
MiFID II ,
Passporting ,
UK ,
UK Brexit
In this newsletter, we provide a snapshot of the principal Asian, US, European and selected international governance and securities law developments of interest to Asian corporates and financial institutions.
...more
10/24/2017
/ EU ,
European Securities and Markets Authority (ESMA) ,
Financial Reporting ,
Hyperlink ,
Initial Public Offering (IPO) ,
Listing Standards ,
Person with Significant Control (PSC Register) ,
Securities Litigation ,
Takeover Code ,
UK ,
UK Brexit
The revised EU Markets in Financial Instruments package—known as MiFID II—takes effect on January 3, 2018. Some aspects of this legislation are extra-territorial. New rules on inducements, the unbundling of research, legal...more
On 13 July 2017, the UK government published the European Union (Withdrawal) Bill, known as the “Great Repeal Bill.” This major piece of constitutional legislation sets out the government’s proposals for transforming existing...more
In this newsletter, we provide a snapshot of the principal European, US and selected international governance and securities law developments of interest to European corporates.
...more
7/19/2017
/ Anti-Money Laundering ,
CONSOB ,
Corporate Governance ,
EMIR ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Hong Kong ,
JOBS Act ,
Listing Standards ,
Non-GAAP Financial Measures ,
Prospectus ,
Reporting Requirements ,
Securities Litigation ,
Third Country Entities (TCEs) ,
UK
MiFID II comes into effect on 3 January 2018 and brings with it several important changes for regulated firms. Among these changes is an extension of the list of investment services and activities which firms require...more
In this newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and...more
In this newsletter, we provide a snapshot of the principal Asian, US, European and selected international governance and securities law developments of interest to Asian corporates and financial institutions.
...more
2/8/2017
/ Asia ,
C&DIs ,
Corporate Governance ,
Diversity ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Private Issuers ,
Non-GAAP Financial Measures ,
Resource Extraction ,
SZ-HK Connect ,
Tender Offers ,
Third Country Entities (TCEs) ,
UK ,
US v Salman ,
Volkswagen
In this newsletter, we provide a snapshot of the principal European, US and selected international governance and securities law developments of interest to European corporates.
...more
The Supreme Court has upheld the High Court’s decision in Miller v Secretary of State for Exiting the European Union. Its judgment confirms that an Act of Parliament is required to authorise the Government to begin the...more
In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more
12/21/2016
/ Banking Sector ,
Central Counterparties ,
Credit Rating Agencies ,
Dodd-Frank ,
EU ,
FinTech ,
Foreign Banks ,
Global Systemically Important Banks (G-SIBs) ,
Liquidity ,
Payment Services Directive ,
Regulatory Agenda ,
Stress Tests ,
Systemic Risk Buffer ,
UK ,
Volcker Rule
In this newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and...more
11/21/2016
/ Anti-Money Laundering ,
Bank of England ,
Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
CFTC ,
Credit Ratings ,
Cybersecurity ,
Department of Financial Services ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Federal Bank Regulatory Agencies ,
Federal Reserve ,
Financial Action Task Force ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Markets ,
FinCEN ,
FinTech ,
FSMA ,
HM Treasury ,
Mary Jo White ,
MiFID II ,
OCC ,
Prudential Regulation Authority (PRA) ,
Retail Banks ,
Ring-Fencing ,
Securities and Exchange Commission (SEC) ,
Suspicious Activity Reports (SARs) ,
Technical Standards ,
UK ,
Universal Proxy Cards
In this newsletter, we provide a snapshot of the principal European, US and selected international governance and securities law developments of interest to European corporates.
...more
10/18/2016
/ Corporate Counsel ,
Corporate Governance ,
EU ,
Germany ,
Hong Kong ,
Hong Kong Stock Exchange ,
Initial Public Offering (IPO) ,
Insider Trading ,
Italy ,
Market Abuse ,
Person with Significant Control (PSC Register) ,
Prospectus ,
Proxy Advisors ,
Stock Connect ,
Takeover Bids ,
UK
Bank Prudential Regulation & Regulatory Capital -
US Board of Governors of the Federal Reserve System Releases Proposed Rule to Modify Capital Plan and Stress Testing Rules -
On September 26, 2016, the US Board of...more
10/17/2016
/ Block Trades ,
BSA/AML ,
Commodities ,
Cross-Border Transactions ,
EU ,
FinTech ,
Foreign Investment ,
MiFID II ,
Securitization ,
SEFs ,
Shadow Banking ,
Stress Tests ,
UK ,
Underwriting ,
Whistleblower Protection Policies
The UK Government recently indicated that it intends to negotiate a unique EU-UK relationship post-Brexit. It is hoped that the arrangements will be appropriate for the UK and London’s position as a leading international...more
Since the UK voted to leave the EU on 23 June 2016, there has been much speculation about the form of the future access arrangements between the UK and the EU for financial institutions. In a scenario where no new deal is...more
Since the UK referendum on EU membership in June 2016, discussions have intensified on the UK’s relationship with the EU, with free movement of persons and immigration being two topics at or near the top of the agenda....more
In this newsletter, we provide a snapshot of the principal European, US and selected international governance and securities law developments of interest to European corporates.
...more
7/20/2016
/ Admissions ,
AIM ,
Beneficial Owner ,
Corporate Governance ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Financial Conduct Authority (FCA) ,
Initial Public Offering (IPO) ,
International Financial Reporting Standards ,
MiFID II ,
UK ,
UK Brexit ,
UK Bribery Act
Following the so-called “Brexit” referendum held on 23 June 2016, the UK has narrowly voted to leave the European Union. This note briefly discusses the possible issues arising from the decision for the UK and EU insurance...more