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
9/30/2016
/ Asset Management ,
Banking Regulators ,
Banking Sector ,
Banks ,
Broker-Dealer ,
EU ,
Financial Crimes ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Global Market ,
Investment Firms ,
MiFID
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
In this newsletter, we provide a snapshot of the principal US, European and selected international governance and securities law developments of interest to Asian corporates and financial institutions.
...more
7/26/2016
/ Admissions ,
Beneficial Owner ,
Corporate Counsel ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Foreign Corporations ,
Hong Kong Stock Exchange ,
Information Reports ,
Initial Public Offering (IPO) ,
Person with Significant Control (PSC Register) ,
Prospectus ,
Small and Medium-Sized Enterprises (SMEs) ,
Transparency ,
UK Brexit ,
Young Lawyers
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
In a 318-page release published on July 13, 2016, the SEC is proposing a number of technical amendments to disclosure requirements for SEC filers that it believes have become outdated or are identical or similar to...more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
6/23/2016
/ Annual Reports ,
Bank Holding Company ,
Capital Markets Union ,
Capital Requirements ,
Cybersecurity ,
Dodd-Frank ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Long-Term Investment Funds ,
No-Action Relief ,
UK
The EU’s revamped market abuse rules—the Market Abuse Regulation (“MAR”)—come into direct effect in all EU Member States on July 3, 2016. MAR expands the scope of certain EU rules to EU markets that were previously not...more
The Council of the European Union has adopted legislation to delay the application of the Markets in Financial Instruments Directive and Markets in Financial Instruments Regulation by one year. This extension is due to...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
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
6/1/2016
/ Basel III ,
Beneficial Owner ,
Capital Requirements ,
Cross-Border Transactions ,
Customer Due Diligence (CDD) ,
EU ,
Leverage Ratio ,
Leveraged Lending ,
Margin Requirements ,
Recordkeeping Requirements ,
Regulation Technical Standards (RTS) ,
UCITS ,
UK
On Tuesday May 17, 2016, the staff of the SEC’s Division of Corporation Finance issued new C&DIs relating to Regulation G (which governs use of non-GAAP financial measures in public disclosures generally) and Item 10(e) of...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
This note discusses the MiFID II regime for access by financial institutions located outside the EU to EU customers and markets. Full harmonisation of the access regime for third country firms has not been achieved. Instead...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
5/6/2016
/ AML/CFT ,
Annuities ,
Asset Management ,
Capital Markets Union ,
Capital Requirements ,
Cross-Border Transactions ,
EU ,
Incentive Compensation ,
Leverage Ratio ,
MiFID II ,
SIFIs ,
UK
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
4/22/2016
/ Competition ,
Consultation Periods ,
Consumer Financial Protection Bureau (CFPB) ,
Derivatives ,
Enforcement Actions ,
Enforcement Authority ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
FDIC ,
Federal Reserve ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
GAO ,
Global Systemically Important Financial Institutions (GSIFI) ,
High Frequency Trading ,
Richard Cordray ,
Securities and Exchange Commission (SEC) ,
Securitization ,
Standing ,
Stress Tests ,
Swaps ,
U.S. Treasury ,
UK
In this newsletter, we provide a snapshot of the principal US, European and selected international governance and securities law developments of interest to Asian corporates and financial institutions.
...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
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
4/15/2016
/ Anti-Inversion Regulations ,
EU ,
FBOs ,
Fiduciary Duty ,
Financial Adviser ,
FinTech ,
FSOC ,
Global Systemically Important Financial Institutions (GSIFI) ,
Leverage Ratio ,
MetLife ,
Terrorism Funding ,
UK
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
4/11/2016
/ Asset Management ,
Blockchain ,
CFTC ,
Corporate Governance ,
Cybersecurity ,
Economic Sanctions ,
EU ,
Federal Reserve ,
Industry Consolidation ,
Maxwellisation ,
Municipal Securities Issuers ,
Natural Gas ,
Remuneration ,
Stress Tests ,
UK
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
4/1/2016
/ Capital Markets Union ,
EU ,
Eurozone ,
GAAP ,
Interchange Fees ,
MiFID II ,
Mortgage Credit Directive (MCD) ,
Prudential Standards ,
Ring-Fencing ,
SIFIs ,
Small and Medium-Sized Enterprises (SMEs) ,
UCITS V ,
UK ,
UK Payment Systems Regulator
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
3/25/2016
/ Bank Recovery and Resolution Directive (BRRD) ,
Central Counterparties ,
Cuba ,
Deposit Insurance ,
Derivatives Clearing Organizations ,
Dodd-Frank ,
EU ,
Foreign Exchanges ,
Goldman Sachs ,
Insider Trading ,
Payment Systems ,
Sanctions ,
UK ,
Volcker Rule
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
3/18/2016
/ Basel Committee on Banking Supervision (BCBS) ,
Credit Default Swaps ,
EU ,
FDIC ,
Federal Savings Associations ,
International Banks ,
Libor ,
Market Abuse ,
Regulatory Agenda ,
Ring-Fencing ,
Securities and Exchange Commission (SEC) ,
Senior Managers ,
Transfer Pricing ,
UK ,
Volcker Rule
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
3/3/2016
/ Bank Secrecy Act ,
Banking Examinations ,
Cooperation ,
Enforcement Actions ,
EU ,
Money Transfer ,
MREL ,
Payment Systems ,
Stress Tests ,
UK ,
Volcker Rule
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
The EU Bank Recovery and Resolution Directive gives resolution authorities in Europe wide-ranging powers to manage failing financial institutions. These include powers to write down debts owed to creditors, convert debt to...more