Financial Regulatory Update - May 2012

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The last three months have seen a relative slow-down in the rate of production of entirely new financial regulatory reform materials. Legislatures, regulators and industry are taking time to debate and revise the numerous significant measures which are already in train. Nevertheless, the ongoing legislative timetable for European financial regulatory reform remains ambitious. Key elements of many of the proposed new regulations are still unclear despite the stated aims of the regulators generally to adhere to pre-announced implementation dates.

This newsletter highlights some of the key financial regulatory reform measures affecting the UK and EU since December 2011.

Please see full alert below for more information.

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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.

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