Financial Services Europe and International Update: Regulatory Developments - May 2011, Issue 7


In This Newsletter:

EU and Supranational Regulatory Developments:

p1 - Hungarian Presidency's EMIR Compromise Proposal

p1 - Short Selling EU Set to Ban "Sepculative" Sovereign Debt Trades

p2 - EFAMA Papers on External Governance and REsponsible Investment

p2 - AIFM Directive: AIMA's Report on Developments

p3 - Revised AIFM Directive Text

p3 - EFAMA Report on "Newcits"

UK Regulatory Developments

p4 - Bribery Act: Risk Assessments Should Be Well Underway

p4 - FSA: Publication of Guidance on Individual Liquidity Systems Assessment

p4 - Offshore Funds (Tax)(Amendment) Regulations 2011

p5 - The Companies Acts 2006 (Consequential Amendments and Transitional Provisions) Order 2011: Financial Services Implications

p5 - FSA Publishes First Decision Notices for Enforcement Decisions

p6 - FSA Consultation on Remaining CRD 3 Amendments

Please see full newsletter 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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