Tracks financial services regulatory developments and provides insight and commentary
For 19 years, Norton Rose Fulbright’s Annual North American Litigation Trends Survey has tracked changes and trends defining the litigation landscape by polling legal professionals at organizations of all sizes across key commercial sectors.
Survey results show that general counsel and in-house litigation leaders are dealing with more regulatory matters compared to prior years. They…
On 18 January 2024, the European Banking Authority (EBA) issued a consultation on draft guidelines on the management of environmental, social and governance (ESG) risks.
The EBA has developed these draft guidelines in line with its roadmap on sustainable finance and they address the mandate specified in letters a, b, and…
On 18 January 2024, the European Banking Authority (EBA) issued a consultation on draft guidelines on the management of environmental, social and governance (ESG) risks.
The EBA has developed these draft guidelines in line with its roadmap on sustainable finance and they address the mandate specified in letters a, b, and…
On 15 January 2024, the Dutch Authority for Financial Markets (Autoriteit Financiële Markten, the AFM) published its supervisory agenda for 2024 (the AFM Agenda 2024). The AFM Agenda 2024 outlines the financial sector’s trends and risks while detailing the AFM’s priorities and other important events for this year. The AFM Agenda…
On 17 January 2024, the European Parliament and Council of the EU (Council) reached a provisional agreement on parts of the anti-money laundering (AML) package that aims to protect EU citizens and the EU’s financial system against money laundering (ML) and terrorist financing (TF). Under the new…
On 16 January 2024, the European Banking Authority (EBA) published a report on specific aspects of the net stable funding ratio (NSFR) framework.
The report has been prepared in accordance with the mandates set out in Article 510 (4), (6) and (9) of the Capital Requirements Regulation (CRR). These…
The FCA published Consultation Paper CP23/27 on 4 December 2023, setting out its proposals for reforming the commodity derivatives regulatory framework. In our new briefing note, we look at the background to the consultation, the key areas covered by the FCA’s proposals, and expected next steps.
On 17 January 2024, the Basel Committee on Banking Supervision (Basel Committee) and the International Organization of Securities Commissions (IOSCO) published a report on streamlining variation margin processes and the responsiveness of initial margin models in non-centrally cleared markets.
The report follows the 2022 report reviewing margining practices and covers two…
On 16 January 2024, the FCA announced that it has established a new working group focused on building capability in sustainable finance across the financial advice sector. The group is being convened to support industry in advising consumers on products making claims about sustainability, following the FCA’s publication of a package of sustainable finance measures…
On 15 January 2024, the FCA published a portfolio letter addressed to investment based crowdfunding (IBCF) platforms.
The letter outlines the harms to consumers and markets most likely to arise from crowdfunding business models and the FCA’s strategy to address those harms. Boards should consider whether the risks of harm below are present…
