Prajakt Samant

Prajakt Samant

McDermott Will & Emery

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European Commission Proposes Measures to Restore Confidence in Benchmarks

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

9/26/2013 - Benchmarks Conflicts of Interest Consumer Financial Contracts EU European Commission Financial Instruments Libor Transparency

European Commission Issues Communication Addressing New Sources of Risk in the Financial Sector

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

9/6/2013 - Banking Sector Banks Compliance European Commission Financial Regulatory Reform Risk Management Shadow Banking Transparency

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