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  • According to in-house sources at banks, buyside firms and trading venues, best execution reports are both too technical for retail and not granular enough for sophisticated buysiders, rendering them essentially useless for the end investor. They may over time improve accountability, but for now market participants are calling them a dumbed-down version of what many venues already provide
  • The committee has intervened in the early stages of negotiations on the basis that the buyer's close ties with China could damage US national security
  • Speaking to the IIB in DC, Quarles suggested improving the clarity and transparency of the Rule to the benefit of firms and supervisory agencies
  • The regulator has launched a consultation that could result in making compensation for retail investors easier
  • In February, the United States Court of Appeals for the Second Circuit reversed a 2014 decision that had found Jordan-based Arab Bank liable for intentionally supporting the terrorist group Hamas. The original decision was made after the bank was tried by a Brooklyn-based jury for providing financing to the group, which has been linked to several militant attacks against Israel in the early 2000s. It was the first time in the US that a bank was held liable civilly for violating the Anti-Terrorism Act, which lets US citizens seek damages from international terrorism.
  • Colin Raftery, director of mergers at the CMA, discusses policy developments, priorities and Brexit
  • Steve Mickelsen, General Counsel, 3Degrees Group and Martin Dunn, Senior Counsel, Morrison & Foerster offer their views on this hot topic
  • The Central Bank of the Philippines (BSP) has previously approved the rules and regulations governing virtual currency exchanges in the Philippines.
  • The increase in the regulation of securities and financial markets since 2008 will reach its peak in 2018 (with the revised set of Basel IV regulations arriving only, hopefully, in 2027).
  • Sponsored by Skadden Arps Slate Meagher & Flom
    Maria Raptis and Ken Schwartz, Skadden Arps Slate Meagher & Flom