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Foreign Entities Banking Sector

Barnea Jaffa Lande & Co.

Licensing and Supervision of Broker-Dealers: Key Points of the New Memorandum of Law

Barnea Jaffa Lande & Co. on

In October of this year, the Israel Securities Authority published a memorandum of law aimed at regulating broker-dealer activities in Israel. Public comments will be accepted until 21/11/24. At issue is an initiative that...more

A&O Shearman

UK Regulator Consults on Rules for Ring-Fenced Banks to Establish Overseas Entities

A&O Shearman on

The U.K. Prudential Regulation Authority is consulting on a proposed rule and policy changes relating to the establishment and maintenance of third-country branches and subsidiaries within ring-fenced banking groups. The...more

Latham & Watkins LLP

France Amends Banking Monopoly Rules to Facilitate Syndications

Latham & Watkins LLP on

Ordinance allows certain types of foreign entities to purchase outstanding loans from French-regulated entities. The French government has issued an ordinance that aims to improve the legal framework for French...more

K&L Gates LLP

China Eases Access to Interbank Bond Market by Overseas Financial Institutions

K&L Gates LLP on

According to the Announcement of 2016 No. 3 (the “Announcement”) promulgated by the People’s Bank of China (the “PBOC”) on February 17, 2016, eligible offshore commercial banks, insurers, securities companies, asset managers,...more

Skadden, Arps, Slate, Meagher & Flom LLP

‘Implementation Day’: Key Aspects of US and EU Implementation of Iran Sanctions Relief

On January 16, 2016, the International Atomic Energy Agency verified that Iran had complied with the nuclear-related technical aspects of the Joint Comprehensive Plan of Action it had to complete before the first phase of...more

BakerHostetler

The Nuclear Deal With Iran: The Lifting of Sanctions and Implications for Business

BakerHostetler on

On July 14, 2015, after two years of sometimes intense negotiations, the United States, the United Kingdom, France, Germany, Russia, and China (known as the “P5+1” countries), along with the European Union, signed a Joint...more

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