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13 Mar 2017, 9:09 am
The following implementing measures which supplement the Regulation on improving securities settlement in the EU and on central securities depositories (the CSDR) have been published in the Official Journal of the European Union: Commission Delegated Regulation (EU) 2017/389 of 11 November 2016 supplementing the CSDR as regards the parameters for the calculation of cash penalties for settlement fails and the operations of CSDs in host Member States; Commission Delegated Regulation (EU) 2017/390 of… [read post]
13 Mar 2017, 8:36 am
But Chapter 13 isn’t the “standard” bankruptcy. [read post]
10 Mar 2017, 11:42 am
The good news is that compliance with the DFS rules goes a long way toward helping organizations meet cybersecurity standards applied by other regulators. [read post]
10 Mar 2017, 10:21 am
While DOJ’s reticence would usually be standard practice, Trump’s tweet has raised the unlikely possibility of an ongoing investigation into him specifically. [read post]
10 Mar 2017, 3:39 am
The European Banking Authority (EBA) has issued an opinion to the European Parliament, Council and European Commission proposing that the decision-making framework for adopting supervisory reporting requirements be made more efficient and fit-for-purpose by replacing the Commission’s Implementing Technical Standards with decisions adopted directly by the EBA. [read post]
10 Mar 2017, 2:46 am
In fact, congruence could have been achieved without any great effort: for example by means of an opening clause allowing the standard addresses as an additional option to use the cost calculation method according to PRIIPs under MiFID II too. [read post]
8 Mar 2017, 4:01 pm
Comptroller Curry said that companies will benefit from the OCC’s high standards and “rigorous supervision,” as it adds value to the companies. [read post]
8 Mar 2017, 4:00 am
., 2017 ONCA 158 [79] The termination clause in Wood’s employment agreement contravenes the Employment Standards Act, 2000 for two reasons. [read post]
7 Mar 2017, 6:53 pm
WHEREAS, the Florida Legislature enacted legislation legalizing marijuana for medical uses; and WHEREAS, pursuant to Article 8 of the Florida Constitution and Section 125.66, Florida Statutes, Hillsborough County possesses the police powers to enact ordinances in order to protect the health, safety, and welfare of the County’s citizens; and WHEREAS, a comprehensive state licensing and regulatory framework for the cultivation, processing, and dispensing of Medical Marijuana… [read post]
7 Mar 2017, 6:53 pm
WHEREAS, the Florida Legislature enacted legislation legalizing marijuana for medical uses; and WHEREAS, pursuant to Article 8 of the Florida Constitution and Section 125.66, Florida Statutes, Hillsborough County possesses the police powers to enact ordinances in order to protect the health, safety, and welfare of the County’s citizens; and WHEREAS, a comprehensive state licensing and regulatory framework for the cultivation, processing, and dispensing of Medical Marijuana… [read post]
7 Mar 2017, 10:01 am
This sort of red tape, and the potential for liability to the bank for helping to facilitate this activity, makes banks less likely to deal with groups in this space. [read post]
7 Mar 2017, 9:44 am
The European Banking Authority (EBA) has published an opinion on transitional arrangements and credit risk adjustments to mitigate the effect of International Financial Reporting Standard 9 (IFRS 9) on prudential ratios. [read post]
7 Mar 2017, 7:49 am
Our clients will soon have access to custody and clearing services that are exclusive to clients of Registered Investment Advisors, through The Bank of New York Mellon and Pershing Advisor Solutions. [read post]
6 Mar 2017, 11:06 am
., bank deposits, certificates of deposit, bankers acceptances, and similar bank instruments) Long and short positions (on a gross basis) Leverage Margin Family or proprietary accounts Accounts for which the manager receives no compensation for its services Accounts of clients who are not United States persons RAUM should be calculated based on the current market value of the assets as determined within 90 days prior to the date of filing the Form ADV. [read post]
4 Mar 2017, 4:34 pm
This enables shaming of the speaker, for failure to meet standards which were neither applied nor expected at the time the communication was made. [read post]
4 Mar 2017, 11:42 am
Over the next decade, E. coli cases linked to hamburgers became a distant memory and my law firm’s bank account shrank. [read post]
4 Mar 2017, 11:34 am
Over the next decade, E. coli cases linked to hamburgers became a distant memory and my law firm’s bank account shrank. [read post]
3 Mar 2017, 6:14 pm
Yet “even in the best welfare states, social expenditures and taxes serve more to redistribute the living standard of labor than to change its average level. [read post]
3 Mar 2017, 3:06 pm
The Fifth Circuit held that the claims in the Flood Protection Authority’s suit, although couched in terms of state law, fell within the exception set forth in Grable and Gunn finding that three of the Flood Protection Authority’s claims necessarily raised federal issues: “the negligence claim, which purportedly draws its requisite standard of care from three federal statutes; the nuisance claims which rely on the same standard of care; and the third-party breach… [read post]
3 Mar 2017, 8:06 am
” The Iran bills linked above show an evolution in waiver standards from “important,” to “necessary,” to “essential. [read post]