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Alteon Senat c. Autorité des marchés financiers, 2021 QCCQ 7090 (CanLII), https://canlii.ca/t/jhnl5
(Available in French only)
Title suggestion: No Stay of Financial Markets Administrative Tribunal Orders Freezing Bank Accounts and Suspending Rights Granted by Registration Pending Appeal
FACTS
The Supreme Court of Appeal, in Pelham Stephanus Bothma and Others v Tertius Bothma N.O and Another (Case number 748/2019) [2021] ZASCA 46 (15 April 2021), re-affirmed the position regarding the interpretation of legal documents, re-stating the principle that only…
Continue Reading Interpreting a settlement agreement
In the judgment, Swiss Re International Se v LCA Marrickville (Pty) Limited, the court discussed the principle that an insured must, under a contract of indemnity, prove the extent or the amount of the loss claimed because the indemnity…
Continue Reading Indemnity Insurance involves payment for loss actually suffered by insured (Australian court)
On 15 October 2021, the FCA published a new webpage listing questions and answers for firms related to the use of its powers under the UK Benchmarks Regulation (BMR), and publications on 29 September 2021, to help manage an orderly wind-down of LIBOR.
The following are key questions covered…
Continue Reading LIBOR and the FCA’s new powers under the UK Benchmarks Regulation: questions and answers
On 18 October 2021, the Financial Stability Board (FSB) published a speech by its chair, Randal K Quarles, titled ‘Financial Stability and Coordination in Times of Crisis’.
In his speech, Mr Quarles focuses on four areas:
…
Continue Reading FSB speech – Financial stability and coordination in times of crisis
On 18 October 2021, the European Central Bank (ECB) published a letter that it had sent to CEOs of significant institutions providing them with information on participation in the 2022 ECB Climate Risk Stress Test.
In the letter the ECB…
Continue Reading ECB letter to banks – information on participation in the 2022 ECB climate risk stress test
On 18 October 2021, the European Parliament published the following reports:
On 18 October 2021, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) both published sectoral reports on the supervisory independence of Member State competent authorities (NCAs). Both European Supervisory Authorities (ESAs) will use the findings…
Continue Reading EBA and ESMA publish sectoral reports on the supervisory independence of competent authorities
On 18 October 2021, the Bank of England (BoE) published a Policy Statement providing feedback to the responses to its earlier consultation paper setting out proposed supervisory fees for financial market infrastructure (FMI) for 2021/22. The BoE also sets out…
Continue Reading BoE Policy Statement: Fees regime for FMI supervision 2021/22
The latest episode of the Regulation Tomorrow Podcast is out now to stream and download.
In this episode we hear from Celia Cohen in New York who discusses privilege, particularly in the context of internal investigations; Joe Smallshaw and Catherine…
Continue Reading Episode 11 of the Regulation Tomorrow Podcast is out now
