On March 20, the European Securities and Markets Authority (ESMA) published Questions & Answers (Q&A) relating to the implementation of the Regulation on OTC Derivatives, Central Counterparties (CCPs) and Trade Repositories...more
3/27/2013
- EMIR ESMA
On February 27, the UK Financial Services Authority (FSA) announced that it had prohibited short selling of the shares of four named Italian financial institutions for the duration of the February 27 trading day. The...more
3/7/2013
- Financial Services Authority Short Sales
On February 11, the European Securities and Markets Authority (ESMA) published final guidelines (Guidelines) on remuneration of alternative investment fund managers (AIFMs). The Guidelines follow from, and add detail to, the...more
2/20/2013
- AIFM ESMA EU Fund Managers Investment Funds Remuneration
On February 8, the European Commission issued an announcement concerning the draft regulatory technical standards (RTS) made under the European Market Infrastructure Regulation (the Regulation on OTC Derivatives, Central...more
2/20/2013
- Derivatives ECON EMIR EU European Commission OTC
On January 28, the Upper Tribunal (Tax and Chancery Chamber) upheld the decision of the Regulatory Decisions Committee (RDC) of the UK Financial Services Authority (FSA) to impose a fine of £8 million (approximately $12.6...more
2/8/2013
- Financial Services Authority Trade Market Abuse
On January 30, the European Securities and Markets Authority (ESMA) published a second updated version of its questions and answers EU Regulation on Short Selling and Certain Aspects of Credit Default Swaps (EU236/2012) (the...more
2/8/2013
- ESMA EU Short Sales
On January 31, the Spanish securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), announced that the prohibition on short sales of Spanish shares under the EU Short Selling Regulation (EU236/2012) would...more
2/8/2013
- EU Securities Short Sales
On December 19, the European Commission adopted a Delegated (Level 2) Regulation (Delegated Regulation) implementing certain aspects of the Alternative Investment Fund Managers Directive (2011/61/EU) (AIFMD)....more
12/28/2012
- AIFMD EU European Commission
On December 5, the UK Financial Services Authority (FSA) announced a consultation on its new regulatory framework for financial benchmarks – CP12/36 The Regulation and Supervision of Benchmarks. This follows on from the work...more
12/13/2012
- Benchmarks Financial Services Authority Libor
On December 4, the European Securities and Markets Authority (ESMA) published final guidelines on repurchase and reverse repurchase agreements for UCITS funds established under the Undertakings for Collective Investment in...more
12/13/2012
- ESMA Securities UCITS
