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The main objective of the EMIR clearing review is to increase the competitiveness of the European central clearing framework, in particular vis-à-vis UK central counterparties (CCPs). [read post]
2 May 2024, 8:03 am by Melissa Tremblay
Erica Blachman Hitchings is speaking at the Central New York False Claims Act Symposium in Syracuse, New York on May 9. [read post]
1 May 2024, 6:11 pm by Yosi Yahoudai
”The village is home to around 7,600 people and the central office of outdoor gear retailer Duluth Trading Company. [read post]
30 Apr 2024, 9:13 am by Eric Fruits
In effect, the rules would set the FCC up as a central planner of all things broadband-related. [read post]
29 Apr 2024, 6:31 pm by Greg Lambert and Marlene Gebauer
In this episode of The Geek in Review podcast, hosts Marlene Gebauer and Greg Lambert welcome back Richard Tromans, founder of Artificial Lawyer, after his year-and-a-half sabbatical. [read post]
29 Apr 2024, 10:10 am by Simon Lovegrove (UK) and Uzmah Yunis
On 29 April 2024, the European Securities and Markets Authority (ESMA) issued a press release which outlines its advice to the Central Bank of Ireland (CBI) and the Commission de Surveillance du Secteur Financier (CSSF) on investment restrictions for GBP Liability-Driven Investment (LDI) funds to ensure their resilience. [read post]
29 Apr 2024, 10:10 am by Simon Lovegrove (UK) and Uzmah Yunis
On 29 April 2024, the European Securities and Markets Authority (ESMA) issued a press release which outlines its advice to the Central Bank of Ireland (CBI) and the Commission de Surveillance du Secteur Financier (CSSF) on investment restrictions for GBP Liability-Driven Investment (LDI) funds to ensure their resilience. [read post]
28 Apr 2024, 9:05 pm by Eric W. Orts
For many business economists and legal academics, the purpose of any business organization is simply stated: to maximize profits. [read post]
25 Apr 2024, 9:01 pm by renholding
The SEC and Panuwat sparred over whether Medivation and Incyte were market competitors, a factual issue central to the jury’s determination of whether non-public information about the Medivation acquisition was material to Incyte investors. [read post]
25 Apr 2024, 10:02 am by Simon Lovegrove (UK)
On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of a proposed Regulation amending the European Market Infrastructure Regulation as regards measures to mitigate excessive exposures to third country central counterparties (CCPs) and improve the efficiency of EU clearing markets (EMIR 3). [read post]
On 24 April 2024, the European Securities and Markets Authority (ESMA) published a follow up report which sets out the main outcomes of the global central counterparty (CCP) fire drill that took place during the week starting 13 November 2023. [read post]
23 Apr 2024, 5:57 am by Anna Tkachova
The Working Group in February proposed several steps, including the upgrade of measures against the Russian “shadow fleet” (i.e., a fleet of underinsured old tankers used by Russia to bypass the price cap) by sanctioning individual vessels), as well as stepping up investigations and imposing penalties and sanctions on shadow-market intermediaries. [read post]
22 Apr 2024, 8:01 am by Scott H. Kimpel
The bill applies to “payment stablecoins,” which are defined to include a crypto asset (A) that is, or is designed to be, used as a means of payment or settlement; (B) the issuer of which (i) is obligated to convert, redeem or repurchase for a fixed amount of United States dollars or (ii) represents, or creates the reasonable expectation, that the crypto asset will maintain a stable value relative to the value of a fixed amount of United States dollars; and (C) that is… [read post]
22 Apr 2024, 6:00 am by Evan George
I’m heartened by state action plans. [read post]
20 Apr 2024, 6:37 pm
TheBelt and Road Initiative was a masterstroke of branding, persuading state after state in theMiddle East that it could play a central role in the geostrategic calculations of the world’sgreatest rising power, with each imagining the growing power it would accrue as a result. [read post]
” Securities fraud refers to illegal activities that involve the deception of investors or the manipulation of financial markets. [read post]