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Transparency Financial Markets

A&O Shearman

FMSB consults on statement of good practice on unauthorised trading frameworks

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The Financial Markets Standards Board (FMSB) has published a transparency draft of its Statement of Good Practice (SoGP) on Unauthorised Trading Frameworks for consultation. This draft, which builds on FMSB's prior work on...more

Offit Kurman

Deal Flow Thawing: Is the M&A Market Finally Finding Its Footing?

Offit Kurman on

After a rocky past six months, there is cautious optimism that merger and acquisition (M&A) activity is beginning to unfreeze. For much of the past year, there have been mismatched expectations around valuations and limited...more

Jones Day

Reform of the EU Securitisation Framework—Part 2: Proposed Definitions of "Public" and "Private" Securitisations

Jones Day on

On 17 June 2025, the European Commission (the "Commission") published its proposed measures to revive the securitisation framework in the European Union ("EU"), with a view to making it simpler and more fit for purpose. This...more

Foley & Lardner LLP

Charting the Path Back to the Good Life: Unblocking the Innovation Markets in 2025

Foley & Lardner LLP on

Silicon Valley is built on the promise of innovation, but for the better part of the past three years, the innovation economy has been in a coma. It all started with runaway inflation triggering the biggest hike in the price...more

A&O Shearman

EC adopts amendments to transparency requirements under MiFIR Review

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The European Commission has adopted a Commission Delegated Regulation to amend regulatory technical standards (RTS) on transparency requirements. The MiFIR Review revised the Markets in Financial Instruments Regulation...more

Morgan Lewis

European Commission Publishes Proposed Amendments to the EU Securitisation Regulation

Morgan Lewis on

The European Commission published its proposals for amendments to the EU Securitisation Regulation on 17 June 2025. These proposals are of significant importance for securitisation market participants....more

A&O Shearman

ESMA MiFIR review consultation package on derivatives transparency, package orders and CTP data

A&O Shearman on

The European Securities and Markets Authority (ESMA) has launched its consultation in relation to derivatives transparency, package orders, and input and output data for consolidated tape providers (CTPs). This is the fourth...more

A&O Shearman

Global Foreign Exchange Committee publishes amended FX Global Code of Conduct

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The Global Foreign Exchange Committee (GFXC) has published the updated version of the FX Global Code of Conduct (dated December 2024), which supersedes the previous version (from July 2021). Updates have been made to...more

Hogan Lovells

Update zum Transparenzregister: Ende der letzten Übergangsfrist zum 31. Dezember 2022 und Neuigkeiten vom EuGH

Hogan Lovells on

Durch das Transparenzregister- und Finanzmarktinformationsgesetz (TraFinG) wurden im Zuge der Umwandlung des Transparenzregisters von einem Auffang- zu einem Vollregister Übergangsfristen für nun meldepflichtige...more

King & Spalding

Auswirkungen der OffenlegungsVO auf Bestandsfonds

King & Spalding on

Da die OffenlegungsVO nicht zwischen neu aufgelegten und bestehenden AIF unterscheidet, sondern beide unter die Definition des Finanzprodukts nach Art. 2 Nr. 12 (ii) OffenlegungsVO fasst, stellt sich für die betroffenen...more

Hogan Lovells

FCA reviews disclosures of net changes to share capital

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The FCA has recently completed a review of the way in which UK issuers disclose changes to their total voting rights to the market and the resulting effect on major shareholding notifications. ...more

Mayer Brown Free Writings + Perspectives

President’s Working Group on Financial Markets Releases Report on Protecting U.S. Investors from Significant Risks from Chinese...

On August 6, 2020, the President’s Working Group on Financial Markets (“Working Group”) released its Report on Protecting United States Investors from Significant Risks from Chinese Companies (“Report”)....more

Hogan Lovells

Securities and markets regulatory news, July 2020 #4

Hogan Lovells on

Brexit: ISDA updates FAQs - HM Treasury has published a policy statement explaining the government's reasons for extending the transitional period for third-country benchmarks under the retained EU law version of the...more

Hogan Lovells

Securities and markets regulatory news, July 2020 #2

Hogan Lovells on

Recent regulatory developments of interest to financial institutions and markets. Includes updates on MiFIR open access regime for trading and clearing ETDs and various ESMA Q&A updated....more

Mayer Brown Free Writings + Perspectives

Presidential Memorandum on Protecting US Investors

A Presidential memorandum was issued on June 4, 2020 calling for “firm, orderly action to end the Chinese practice of flouting American transparency requirements without negatively affecting American investors and financial...more

White & Case LLP

EU Sustainable Finance Consultation – ensuring the grass is greener on the other side

White & Case LLP on

To meet the ambitious targets set by the UN 2030 Sustainable Development Goals (SDGs), the finance markets must be utilised to a much greater degree to enable sustainable projects and allow access to wider sources of capital....more

Hogan Lovells

Securities and markets regulatory news, March 2020

Hogan Lovells on

The Financial Conduct Authority (FCA) has published a call for input (CFI) on the use and value of data and advanced analytics in wholesale financial markets, now and in the future. ...more

A&O Shearman

European Securities and Markets Authority Publishes Final Report on Frequent Batch Auctions

A&O Shearman on

The European Securities and Markets Authority has published a final report presenting the feedback to its November 2018 call for evidence, which sought to improve its understanding of "frequent batch" auction systems and...more

Cadwalader, Wickersham & Taft LLP

ESMA’s Final Draft Disclosure Technical Standards

On 22 August 2018, the European Securities and Markets Authority (“ESMA”) published its Final Report on the technical standards on disclosure requirements under the EU Securitisation Regulation (the “Final Report”)....more

Mayer Brown Free Writings + Perspectives

Bipartisan Capital Markets Reform Legislation Announced

Yesterday, a bipartisan, capital formation-focused, package of legislation was unveiled by House Financial Services Committee Chairman Jeb Hensarling and Ranking Member Maxine Waters. ...more

Mayer Brown Free Writings + Perspectives

Securities-related Bills Approved by House Financial Services Committee

The House Financial Services Committee met last week and approved eight capital formation-related bills. The bills require the Securities and Exchange Commission to take action to change certain of its definitions in its...more

Hogan Lovells

OECD publishes issues paper on blockchain and competition law

Hogan Lovells on

Competition law questions are increasingly raised in the public debate about the blockchain technology. While there is yet to be any investigation in this field, the policy debate about applying competition law instruments to...more

Hogan Lovells

OECD publishes issues paper on blockchain and competition law

Hogan Lovells on

Competition law questions are increasingly raised in the public debate about the blockchain technology. While there is yet to be any investigation in this field, the policy debate about applying competition law instruments to...more

A&O Shearman

Federal Reserve Bank of New York President William Dudley Discusses the Evolving Structure of the US Treasury Market

A&O Shearman on

Federal Reserve Bank of New York President and CEO William Dudley delivered remarks to attendees of the Evolving Structure of the US Treasury Market: Third Annual Conference. President Dudley’s remarks focused on the four...more

Hogan Lovells

Italy improves transparency and extends its "golden powers" to protect new (corporate) treasures

Hogan Lovells on

On October 16, 2017 the Italian government adopted Law Decree no. 148/2017 (the "Decree") containing, inter alia, new measures aimed at improving the transparency of Italy's regulated markets and extending the Italian...more

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