In this latest edition of Regulation Around the World we review the position regarding recovery and resolution for banks. Following the 2008 global financial crisis, the G20 leaders endorsed at the Cannes Summit in November 2011, the Financial Stability Board’s Key Attributes of Effective Resolution Regimes for Financial Institutions as the international standard for resolution … Continue Reading
In this edition of Regulation Around the World we review the position regarding beneficial ownership registers which has come into the spotlight following work by the Financial Action Task Force and the introduction of reforms in a number of jurisdictions. Identifying beneficial owners has always been a difficult task for both regulators and financial institutions … Continue Reading
In our latest monthly wrap up we highlight some of the key regulatory papers published by the Autorité Des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) during the period 3 November to 10 January 2023. AMF publishes action and supervisory priorities for 2023 On 9 January 2023, the AMF … Continue Reading
We have now updated our two guides on the Alternative Investment Fund Managers Directive (AIFMD), which has now been in force for approximately nine years. Both guides are now in their fifth iteration. The first guide considers whether the AIFMD marketing passport is working in practice and is a useful tool for managers as it … Continue Reading
In our latest monthly wrap up we highlight some of the key regulatory papers published by the Autorité Des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) during the period 20 September to 2 November 2022. Marie-Anne Barbat-Layani appointed Chair of the AMF By decree of the President of the … Continue Reading
In our first monthly wrap up for regulatory developments in France we cover the latest papers from the Autorité Des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) for the period 1 August to 19 September 2022. During this period there were no papers from the ACPR but the AMF … Continue Reading
With every day that passes without apparent progress towards an agreement on financial services or equivalence, the more firms we see putting in place arrangements to enable them to continue business across Europe. On 22 October members of our financial services and regulation team in London, Paris, Frankfurt, Amsterdam and Milan will be hosting a … Continue Reading
We are pleased to be sponsoring The Association for Financial Markets in Europe’s (AFME) 3rd Annual Compliance and Legal Conference, “The future of regulation in a changing world”, which is taking place in Paris from 2-4 October. Our European financial services team will be participating in the event, including speaking on a panel discussion looking … Continue Reading
We are pleased to announce that our Financial Institutions (FI) team will hold a Brexit seminar in February 2019 in Paris. The objective of the seminar is to create awareness of the impact on the European financial institutions industry doing business in the UK after Brexit. Our Paris and London FI experts will give an overview … Continue Reading
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… Continue Reading
On Friday, 28 July, French Autorité des Marchés Financiers (AMF) published its guide on funding of research by investment firms under MiFID II (link). This guide follows AMF’s September 2016 consultation on funding of research and the corresponding February 2017 feedback statement. It seeks to provide market participants with additional interpretation and practical implementation guidance … Continue Reading
Our European financial services team will be hosting a series of seminars in November across our offices in France, Germany, Italy and the Netherlands. More information and booking details for each seminar can be found via the hyper-link on the relevant City below: Paris | November 21, 2016 Amsterdam | November 22, 2016 Milan | … Continue Reading
The French Prudential Control and Resolution Authority (Autorité du Contrôle Prudentiel et de Résolution, or ACPR) and the French Financial Markets Authority (Autorité des Marchés Financiers, or AMF) have announced a joint initiative intended both to reassure certain British institutions (including British subsidiaries of other institutions) as to the possible consequences of a “hard Brexit” … Continue Reading
