International Law & Trade Updates – May 23, 2012

by Ropes & Gray LLP on 5/23/2012

In a decision issued on May 3, Judge Edward M. Chen of the U.S. District Court for the Northern District of California dismissed – with prejudice – the bulk of federal and California state wage and hour allegations made...more

by The Law Office of Michelle A. Estlund, P.A. on 5/23/2012

In the last post, we addressed the fact that the Commission for the Control of INTERPOL's Files (CCF) is still required under its operating rules to meet only three times per year. This requirement has remained the same in...more

by Orrick, Herrington & Sutcliffe LLP on 5/22/2012

On 17 May 2012, the FSA and the Bank of England (BoE) published a short paper on how the Prudential Regulation Authority (PRA) will exercise its powers to designate certain investment firms....more

by Orrick, Herrington & Sutcliffe LLP on 5/22/2012

On 15 May 2012, the Council of the EU announced that the Economic and Financial Affairs Council (“ECOFIN”) has reached agreement on the CRD IV proposals. CRD IV is a package of EU reforms on prudential requirements for credit...more

by Orrick, Herrington & Sutcliffe LLP on 5/22/2012

In This Issue: - Financial Industry Developments · FHFA Releases Draft Strategic Plan · Large Bank Stress Testing Guidance Finalized · Stress Testing for Community Banks · CFTC Rule on Swap...more

by Patton Boggs LLP on 5/22/2012

In This Issue: - DOMESTIC POLICY MATTERS Fiscal Year (FY) 2013 Budget/Appropriations/Debt Ceiling. The House Appropriations Committee marked up the FY 2013 Defense, State-Foreign Operations, Military Construction...more

by Mintz Levin - Environmental Law on 5/22/2012

In This Issue: Energy and Climate Debate; Congress; Department of Energy; Department of Interior; Department of Transportation; Environmental Protection Agency; Federal Energy Regulatory Commission; Government...more

by Katten Muchin Rosenman LLP on 5/22/2012

On May 10, the UK Financial Services Authority (FSA) announced that it fined Martin Currie Investment Management Limited and Martin Currie Inc (together, Martin Currie) £3.5 million (approximately $5.5 million) for conflict...more