News & Analysis as of

Working Groups Financial Regulatory Reform

Cadwalader, Wickersham & Taft LLP

Launch of Financial Services Committee Republican ESG Working Group

On February 3, the Chair of the House Financial Services Committee, Patrick McHenry, announced the establishment of a nine-person Republican ESG Working Group to “combat the threat to our capital markets posed by those on the...more

Dechert LLP

President’s Working Group on Financial Markets Issues Report on Money Market Fund Reform Options

Dechert LLP on

The President’s Working Group on Financial Markets (PWG) on December 22, 2020 released a report on potential reform options for money market funds (Report). The Report states that the significant outflows experienced by prime...more

A&O Shearman

EU Working Group on Risk-Free Rates Publishes Report on Liquidity in EONIA transition

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The EU Working Group on Risk-Free Rates has published a report setting out recommendations for the transition of financial products from EONIA to the Euro Short-Term Rate (€STR). The recommendations aim to ensure liquidity in...more

Kramer Levin Naftalis & Frankel LLP

NAIC Targets Collateralized Fund Obligations

In a previous issue of FundsTalk, we discussed collateralized fund obligations (CFOs), investments backed by portfolios of private investment fund interests. In recent months, the National Association of Insurance...more

A&O Shearman

Financial Stability Board Publishes Letter to G20 Ministers on Effect of Reforms and Future Work

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The Financial Stability Board has published a letter to G20 Finance Ministers and Central Bank Governors describing the progress of post-financial crisis reforms and key focus areas for the future. Over the past ten years,...more

A&O Shearman

US-UK Financial Innovation Partnership Announced

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The U.S.-U.K. Financial Regulatory Working Group has announced the establishment of a Financial Innovation Partnership between the U.S. and the U.K. The objective of the Partnership is to strengthen bilateral engagement on...more

A&O Shearman

US-UK Financial Regulatory Working Group Holds Inaugural Meeting

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The U.S.-U.K. Financial Regulatory Working Group has issued a statement following its inaugural meeting held on September 12, 2018 in London. Participants discussed the outlook for financial regulatory reforms and future...more

A&O Shearman

US and UK Establish Financial Regulatory Working Group

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The U.S. Treasury Department and HM Treasury have issued a joint statement announcing the establishment of a Financial Regulatory Working Group...more

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