Africa

New comparative guide on state of bank recovery and resolution laws in Africa
Asset management in South Africa – Ten things to know
South Africa: Insurance Act assented by State President
South Africa: POPI regulations published for comment

Asia

Norton Rose Fulbright Hong Kong contributes to pioneering ASIFMA report on Best Practices for Digital Asset Exchanges
Hong Kong: HKMA publishes a revised guideline on Virtual Banks
SFC publishes consultation conclusion on disclosure requirements for discretionary accounts
Hong Kong’s SFC steps in to halt ICO

Australia

Australian financial services and sanctions law
In the age of disruption, ASIC is a pioneer for cross-border regulation
ASIC calls on retail OTC derivatives issuers to lift standards and address regulatory concerns
ASIC consults on its proposal to repeal and replace the ASIC class orders for Foreign Financial Services Providers with modified licensing regime

Canada

Implementation of the final Basel III reforms in Canada – request for comments
OSFI confirms higher capital for Domestic Systemically Important Banks
TLAC – OSFI issues final disclosure guidelines
Covered bonds in Canada – an increased regulatory stance

Italy

ESMA clarifies endorsement regime for non-EU credit ratings
ESMA issues RTS for implementation of the Prospectus Regulation
FSB consults on the effects of reforms on infrastructure finance
ESMA updates Q&As on Benchmarks Regulation

Germany

ESMA clarifies endorsement regime for non-EU credit ratings
ESMA issues RTS for implementation of the Prospectus Regulation
FSB consults on the effects of reforms on infrastructure finance
ESMA updates Q&As on Benchmarks Regulation

The Netherlands

ESMA clarifies endorsement regime for non-EU credit ratings
ESMA issues RTS for implementation of the Prospectus Regulation
FSB consults on the effects of reforms on infrastructure finance
Dutch Minister of Finance launches consultation on fixed remuneration restrictions within the financial sector

United Kingdom

CMA provisional decision report on Investment Consultants Market Investigation
ESMA clarifies endorsement regime for non-EU credit ratings
ESMA issues RTS for implementation of the Prospectus Regulation
FSB consults on the effects of reforms on infrastructure finance

United States

New York State finalizes regulation requiring registration of consumer credit reporting agencies
American Express steers clear of antitrust law violation
Business not as usual: US Supreme Court holds that administrative law judges must be appointed—threatening years of prior decisions
US financial regulators unveil proposed changes to Volcker Rule
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