Following the European Securities and Markets Authority’s approval and registration of the first four trade repositories (TRs) in November 2013, counterparties to all types of over-the-counter and exchange-traded derivatives...more
The European Commission announced on 14 January 2014 that the European Parliament and Council had reached an agreement in principle on revised rules for markets in financial instruments (MiFID II). Under the revised regime,...more
Chesapeake Climate Action Network v. Export-Import Bank of the United States highlights how failure to follow the National Environmental Policy Act of 1969 can result in delays to coal export endeavors.
As recent news...more
On 18 September 2013, the European Commission (the Commission) published a draft proposal for a regulation on indices used as benchmarks in financial instruments and financial contracts (the Regulation). The Regulation will...more
On 4 September 2013, the European Commission published a long-anticipated communication that detailed far-reaching plans to reform the shadow banking industry. The envisaged reform project anticipates a five point approach,...more
If the UK Government meets the implementation deadline of 28 June 2013, then the United Kingdom will be one of the first EU Member States to implement the EU regulation on wholesale market integrity and transparency (REMIT). ...more