Financial Services Europe and International Update

May 25, 2011

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

EU and Supranational Regulatory Developments

  • Hungarian Presidency’s EMIR Compromise Proposal
  • Short Selling: EU Set to Ban ‘Speculative’ Sovereign Debt Trades
  • EFAMA Papers on External Governance and Responsible Investment
  • AIFM Directive: AIMA’s Report on Developments
  • Revised AIFM Directive Text
  • EFAMA Report on ‘Newcits’

UK Regulatory Developments

  • Bribery Act: Risk Assessments Should Be Well Underway
  • FSA: Publication of Guidance on Individual Liquidity Systems Assessment
  • Offshore Funds (Tax) (Amendment) Regulations 2011
  • FSA Code of Practice for External Auditors and Supervisors
  • The Companies Acts 2006 (Consequential Amendments and Transitional Provisions) Order 2011: Financial Services Implications
  • FSA Publishes First Decision Notices for Enforcement Decisions
  • FSA Consultation on Remaining CRD 3 Amendments