News & Analysis as of

Proposed Regulation MiFID II

A&O Shearman

UK Conduct Authority Consults on Changes to the Derivatives Trading Obligation

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The Financial Conduct Authority has launched a consultation on three proposed amendments to different aspects of the U.K. derivatives trading obligation. The consultation is part of the Wholesale Markets Review. The Markets...more

A&O Shearman

UK wholesale markets review update: CP 22/18 and the trading venue perimeter

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On 22 September 2022, the Financial Conduct Authority (FCA) published its consultation paper (CP 22/18, the CP) which proposes new guidance on the trading venue perimeter. The CP follows on from the discussion on this as part...more

Dechert LLP

ESG Snapshot - Rules and Practice: Overview of the EU Taxonomy Regulation

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What is the law/regulation? The European Council and the European Parliament in December 2019 reached political agreement on the text of a proposed Regulation on the Establishment of a Framework to Facilitate Sustainable...more

White & Case LLP

EU Sustainable Finance Regulation

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The EU sustainable finance market has developed organically, guided by voluntary but universally accepted principles. According to recent research, climate change could cost up to 19 per cent. of Global GDP by the end of...more

A&O Shearman

Key Regulatory Topics: Weekly Update 8 March - 14 March 2019

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BREXIT - On 7 February, ordinance no. 2019-75 relating to the preparatory measures in connection with the United-Kingdom’s withdrawal from the European Union in respect of financial services (the Ordinance) was published. ...more

Orrick - Finance 20/20

Council of the EU Publishes Notes on Proposed Regulation and Directive for Supervision Investment Firms

Orrick - Finance 20/20 on

On January 4, the Council of the EU published the following notes from the Council Presidency to its Permanent Representatives Committee (“COREPER“) relating to the European Commission’s proposed Regulation and Directive...more

Jones Day

Sustainable Finance Regulations, Rules, and Guidelines in the European Union and United States—Time to Get Prepared

Jones Day on

Due to the increasing awareness of the importance of environmental, social, and governance ("ESG") initiatives, the European Commission came forward at the end of May 2018 with a proposal related to this topic. The proposal...more

A&O Shearman

Draft UK Post-Brexit Legislation to Onshore the EU Markets in Financial Instruments Package

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HM Treasury has published a draft of the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018, along with explanatory information. The draft Regulations are primarily relevant for MiFID II-authorized firms...more

A&O Shearman

Allen & Overy's weekly update on Key Regulatory Topics - 8 June 2018 – 14 June 2018

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BREXIT - Please see the Payment Systems and Payment Services section for an update on the HoC’s European Scrutiny Committee thirtieth report of the 2017-19 parliamentary session....more

A&O Shearman

Raising the Bar? SEC Proposes Broker-Dealer Standard of Care and Guidance on Investment Advisers’ Fiduciary Standard

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On April 18, 2018, the U.S. Securities and Exchange Commission (“SEC”) took the long-awaited step of proposing rules, interpretations and guidance (the “Proposed Rules”) that would seek to enhance and clarify the standards of...more

Proskauer Rose LLP

Regulation Round Up - October 2017

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3 October - The Prudential Regulator Authority (PRA) published a policy statement on strengthening accountability in banking and changes to senior managers regime (SMR) forms. The changes to the SMR forms will become live on...more

Proskauer Rose LLP

Regulation Round Up - September 2017

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1 September - The Prudential Regulation Authority (PRA) updated its April 2017 public disclosure with Template A (Disclosure of Aggregate Statistical Data with regard to Insurance and Reinsurance Undertakings) and Template...more

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