The US Volcker Rule is too broad, excessively complex, and uniquely prescriptive, according to the Securities Industry and Financial Markets Association
28 July 2017Washington DC Reporter: Stephanie Palmer
Five US federal financial regulatory agencies are coordinating the efforts to review the regulatory treatment of certain foreign funds under Section 619 of the Dodd-Frank Act, better known as the Volcker Rule
The UK’s Financial Conduct Authority (FCA) has outlined its proposals for extending the Senior Managers and Certification Regime to almost all regulated financial services firms
The European Supervisory Authorities have clarified some of the finer points around the Key Information Document required under the Packaged Retail and Insurance-based Investment Products Regulation
The authority has set out the ways in which the UK's policy will go beyond the requirements of the directive, but noted that it has an obligation to consider the government’s economic policies
New rules under MiFID II could restrict liquidity in the market and have a negative effect on securities lending and repo industry, according to Anna Biala, a partner at Clifford Chance
