Financial Services Europe and International Update

March 14, 2012

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

EU Regulatory Developments

  • EMIR Update
  • Proposed Regulation on Central Securities Depositories
  • The FICOD Review
  • IOSCO Consultation on Updated CIS Valuation Principles
  • ESMA Consultation on Future Regulatory Framework for ETFs and Other UCITS Issues
  • Revised Hedge Fund Standards Board Standards
  • IOSCO Consultation on Suitability Requirements for Distribution of Complex Financial Products
  • The Proposed Short Selling Regulation
  • ESMA Discussion Paper on Key Concepts of the AIFM Directive
  • The Proposed EU Financial Transactions Tax

UK Regulatory Developments

  • The FSA’s Retail Distribution Review: Draft VAT Guidance
  • Supply of the KIID for Direct Sales: FSA Waiver by Consent
  • Consolidated Version of FSMA Reflecting the Financial Services Bill as Introduced to Parliament