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Jones Day

ESMA Fines Five Banks for Negligently Issuing Credit Ratings

Jones Day on

The Situation: The European Securities and Markets Authority ("ESMA") has fined several banks for negligently issuing credit ratings on a professional basis without obtaining the necessary authorization to be a credit rating...more

Latham & Watkins LLP

The UK has voted to leave the EU: What now?

Latham & Watkins LLP on

The British public have voted that the UK should leave the EU. The EU Referendum vote (the Leave Vote) does not by itself result in an automatic UK exit from the EU. The EU Treaty provides for a framework for a...more

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