On March 25, the UK Government published the Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021 (SI 2021/392) on its website together with an explanatory memorandum (the Regulations).
Corporate & Financial Weekly Digest
The Corporate & Financial Weekly Digest, published by Katten Muchin Rosenman, covers legal developments and regulatory updates relevant to corporate and financial sectors. It addresses topics such as securities regulation, broker-dealer compliance, derivatives markets, digital assets, corporate transparency laws, and financial industry oversight by agencies like the SEC, FINRA, and CFTC. The digest also discusses legislative changes impacting corporate governance and financial reporting, as well as case studies and firm news related to mergers, acquisitions, and capital markets transactions. It serves as a resource for legal professionals and industry participants seeking information on evolving financial regulatory frameworks and corporate law issues.
Latest from Corporate & Financial Weekly Digest - Page 7
UK Treasury Announces Technical Discussions on MoU on UK-EU Regulatory Cooperation in Financial Services
On March 26, HM Treasury published a press release announcing it had concluded technical discussions on the text of the Memorandum of Understanding (MoU) for UK-EU regulatory cooperation in financial services (the Press Release).…
ESAs Opinion on Jurisdictional Scope of the Securitisation Regulation
On March 26, the European Supervisory Authorities (ESAs) published an opinion to the European Commission on the jurisdictional scope of the Securitisation Regulation ((EU) 2017/2402).…
Joint Committee of ESAs Q&As on Securitisation Regulation
On March 26, the Joint Committee of the European Supervisory Authorities (ESAs) published a set of Q&As on the Securitisation Regulation (EU) 2017/2402, covering questions that fall outside the scope of any of the three ESAs.…
SEC Issues Amendments, Seeks Public Comment on Holding Foreign Companies Accountable Act
On March 24, the Securities and Exchange Commission adopted interim final amendments to implement congressionally mandated submission and disclosure requirements of the Holding Foreign Companies Accountable Act (HFCA Act).…
SEC Responds to Investor Demand by Bringing Together Agency Information About Climate and ESG Issues
On March 22, the Securities and Exchange Commission launched a new page on its website to bring together agency actions and the latest information about climate and environmental, social and governance (ESG) investing.…
FINRA CAT Production Readiness Certification Deadline
Consolidated Audit Trail, LLC (CAT) and Financial Industry Regulatory Authority CAT, LLC (FINRA) remind industry members and CAT reporting agents that the deadline to request Production Readiness Certification for the CAT CAIS LTID Production Environment is Friday, April 9.…
FINRA Requests Comment on Proposed Amendments to Margin Rule 4210
On March 14, the Financial Industry Regulatory Authority (FINRA) published Regulatory Notice 21-11 (Notice), which seeks comment on proposed amendments to Rule 4210 (Margin Requirements) that would clarify and incorporate into the rule current interpretations regarding when issued and other…
FINRA Reminds Member Firms of Obligations for Customer Order Handling, Margin Requirements and Effective Liquidity Management Practices During Extreme Market Conditions
On March 18, the Financial Industry Regulatory Authority (FINRA) published Regulatory Notice 21-12 (Notice), which reminds member firms of their obligations during extreme market conditions with respect to handling customer orders, maintaining appropriate margin requirements and effectively managing their liquidity.…
NFA Issues Notice Regarding Effective Date of Interpretive Notice on Use of Third-Party Service Providers
On March 24, the National Futures Association (NFA) issued Notice I-21-13 to advise member firms that the Interpretive Notice entitled, “NFA Compliance Rules 2-9 and 2-36: Members’ Use of Third-Party Service Providers” (Interpretive Notice) will become effective September 30.…