October 2016

The FCA has published for consultation a document on its future mission. The document is designed to provide a guiding set of principles around the strategic choices the FCA makes and will inform the FCA’s future strategy and day-to-day work. Key themes that the FCA consults on include the following:

  • protecting consumers. The FCA believes

Our European financial services team will be hosting a series of seminars in November 2016 across our offices in France, Germany, Italy and the Netherlands.

The seminars will focus on MIFID II and will cover:

  • Update on the European legislative process including local implementation
  • Highlights from the new conduct requirements
  • Thoughts on the new market

The functions of the Information Regulator include:

  • to provide education about the Protection of Personal Information Act, for example, giving advice to data subjects in the exercise of their rights;
  • to monitor and enforce compliance with POPI;
  • to consult with interested parties;
  • to handle complaints;
  • to conduct research and to report to Parliament;
  • to issue

Based on a successful series started by the Norton Rose Fulbright London office, the Norton Rose Fulbright New York office is launching a series of financial services 40-minute briefings November 2. Each month, Norton Rose Fulbright’s senior practitioners will provide interested in-house counsel and professionals with an insightful discussion on current regulatory trends within the

Our European financial services team will be hosting a series of seminars in November 2016 across our offices in France, Germany, Italy and the Netherlands.

The seminars will focus on MIFID II and will cover:

  • Update on the European legislative process including local implementation
  • Highlights from the new conduct requirements
  • Thoughts on the new market

Our European financial services team will be hosting a series of seminars in November 2016 across our offices in France, Germany, Italy and the Netherlands.

The seminars will focus on MIFID II and will cover:

  • Update on the European legislative process including local implementation
  • Highlights from the new conduct requirements
  • Thoughts on the new market

Our European financial services team will be hosting a series of seminars in November 2016 across our offices in France, Germany, Italy and the Netherlands.

The seminars will focus on MIFID II and will cover:

  • Update on the European legislative process including local implementation
  • Highlights from the new conduct requirements
  • Thoughts on the new market

The European Commission (Commission) has published a communication outlining its work programme for 2017. The communication is addressed to the European Parliament, the Council of the EU, the European Economic and Social Committee and the Committee of the Regions. Alongside the communication, the Commission has published a Q&A document, together with the following

The Presidency of the Council of the EU has published a compromise proposal relating to the proposed Regulation amending the European Venture Capital Funds Regulation and the European Social Entrepreneurship Funds Regulation. The cover note for the compromise proposal states the additions are highlighted by bold underline and deletions are highlighted in strikethrough.

View Council

The Bank Recovery and Resolution Directive (BRRD) provides that Member State resolution authorities, after consulting the relevant Member State competent authority, shall ensure that institutions meet at all times a minimum requirement for own funds and liabilities eligible for bail-in (MREL).

MREL is set on a firm-by-firm basis, based on criteria