Financial Services Europe and International Update

February 21, 2011

The latest edition of Financial Services Europe and International Update from Dechert’s Financial Services Practice covers the following regulatory developments:

EU and International Regulatory Developments

  • Prospectus Directive: ESMA Call for Evidence on Request for Technical Advice
  • Commodity Markets: European Commission Communication
  • IOSCO Final Report on Point of Sale Disclosure Principles for Collective Investment Schemes
  • CRD 4: Commission Consultation on Counterparty Credit Risk

UK Regulatory Developments

  • FSA Consultation on Product Disclosure
  • AIC Guidance for Investment Company Boards on Managing Custody Risk
  • FSA Policy Statement on Implementing the 2nd Electronic Money Directive
  • Bank Levy for 2011