Tracks financial services regulatory developments and provides insight and commentary
The European Commission has published an interpretative communication on agricultural land sales. The communication is in response to requests by Member States for clarification regarding what they can and cannot do to regulate the sale of farmland.
The right to acquire, use or dispose of agricultural land falls under the free movement of capital principles…
On 7 November 2017, Conor Foley, Global Head of Government Relations and Public Policy at Norton Rose Fulbright, will deliver the key note addressed at the 6th Annual EU Financial Regulation Conference that is taking place in Brussels. To access the details the conference, please click here.
The European Central Bank (ECB) has published an opinion concerning the European Commission’s proposed Regulation amending the European Market Infrastructure Regulation (EMIR). We blogged the Commission’s legislative proposal on 5 May 2017 (see here).
The ECB generally supports the Commission’s initiative to introduce a number of targeted modifications to EMIR…
A new webinar recording involving Norton Rose Fulbright LLP and EEX Group is now available.
The webinar is particularly relevant to those in the commodities markets and covers:
There has been published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2017/1799 of 12 June 2017 supplementing MiFIR as regards the exemption of certain third countries’ central banks in their performance of monetary, foreign exchange and financial stability policies from pre- and post-trade transparency requirements. The Delegated Regulation…
On 22 June 2017, the Financial Guidance and Claims Bill (the Bill) was introduced in the House of Lords. Since then it has passed through its first and second readings and proceeded to committee stage on 6 September 2017. The Bill follows an independent review led by Carol Brady in 2016, which recommended that…
The Presidency of the Council of the EU has published its first compromise proposal on the proposed Regulation amending the European Market Infrastructure Regulation (EMIR). With respect to the original European Commission legislative text, new text is marked in underlined bold and deletions are indicated through strikethrough.
We are pleased to advise that the recording for our September 2017 MiFID II Academy webinar is now available. To access the recording, please click here
The FCA has published a new webpage on MiFID II authorisations and variation of permissions.
On its webpage, the FCA highlights that some proprietary traders who are not authorised may need to be authorised under MiFID II. The FCA provides the example of unregulated proprietary traders who use a form of direct electronic access (…
The European Commission has today published new draft legislation that would, if adopted, empower both Member State governments and the Commission to screen and block or unwind foreign investments in the European Union (EU) on the grounds of “security or public order”. Details of the proposal were outlined by Commission President Juncker in…
