The Norton Rose Fulbright annual Markets Infrastructure seminar is back!
Please join us from 15:45 – 19:00 on Thursday, 8 September 2022 for an update and discussion on key topics in the world of trade and post-trade. The seminar will
Norton Rose Fulbright Blogs
Latest from Norton Rose Fulbright
FCA statement on IFPR eligibility for enhanced SM&CR status as a Significant SYSC firm
On 16 August 2022, the Financial Conduct Authority (FCA) published a statement on the Investment Firm Prudential Regime (IFPR) and eligibility for enhanced Senior Managers and Certification Regime (SM&CR) status as a Significant SYSC firm.
The statement provides that, since
Commission Delegated Regulation supplementing the CRR with regard to RTS specifying exotic underlyings and the instruments bearing residual risks for the purposes of the calculation of own funds requirements for residual risks
On 16 August 2022, the European Commission published Commission Delegated Regulation of 16.8.2022 supplementing the Capital Requirements Regulation (CRR) with regard to regulatory technical standards (RTS) specifying exotic underlyings and the instruments bearing residual risks for the purposes of the
FCA encourages market participants to continue transition of LIBOR-linked bonds
On 16 August 2022, the Financial Conduct Authority (FCA) published a statement encouraging issuers and bond holders of outstanding LIBOR-linked bonds to consider taking necessary action to transition outstanding LIBOR-linked bonds to fair alternative rates.
The FCA is encouraging:
- Issuers
Commission Delegated Regulation amending the RTS as regards the 90-day exemption for account access
On 16 August 2022, the European Commission published Commission Delegated Regulation (EU) of 3.8.2022 amending the regulatory technical standards (RTS) laid down in Delegated Regulation 2018/389 as regards the 90-day exemption for account access.
The final draft RTS introduces into
When responding to a union’s request for information, employers should look before they leap
A recent National Labor Relations Board decision, General Aire Systems, Inc. (371 NLRB No. 120), reminds employers of some pitfalls they may face when handling a union’s request for information, and steps that may be taken to minimize associated legal
OFSI updates licensing timeframes in its general guidance for financial sanctions under the Sanctions and Anti-Money Laundering Act 2018
On 28 July 2022, the Office of Financial Sanctions Implementation (OFSI) updated its general guidance for financial sanctions under the Sanctions and Anti-Money Laundering Act 2018. The guidance outlines firms’ obligations under financial sanctions, as well as OFSI’s approach to
New podcast on the Financial Services and Markets Bill
In our latest podcast on the Financial Services and Markets Bill, Matthew Gregory and Hannah Meakin take a closer look at the Bill’s provisions on financial promotion (Apple podcasts / Spotify).
Alberta OIPC’s 2022 PIPA Breach Report – Trends and Key Takeaways
Insurtech, confidential information and passing off
In this mammoth English judgment the court dealt with a dispute between two motor insurance providers and claims of misuse of confidential information used to jointly develop an insurance rating model for the broker’s new start-up insurance business.
The claimant