In this issue:

- Derivatives

- Bank Prudential Regulation & Regulatory Capital

- Consumer Protection

- People

- Excerpt from Derivatives:

Regulators Request FSB to Assist in Removing Obstacles to Effective Derivatives Trade Reporting -

On August 21, 2014, the European Securities and Markets Authority (“ESMA”) published a letter from the OTC Derivatives Regulators Group (“ODRG”) to the Financial Stability Board (“FSB”) requesting the FSB to take steps to resolve the barriers to trade reporting that exist in many jurisdictions where market participants are subject to OTC derivative reporting obligations. The ODRG is made up of regulators from numerous jurisdictions including Europe, the US, Brazil, Australia, Hong Kong, Japan, Singapore, Ontario and Switzerland. The impediments to reporting relate to data protection laws, blocking statutes, state secrecy laws and bank secrecy laws...

Please see full newsletter below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Shearman & Sterling LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.