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European Parliament approves financial supervision reform package
- Alston & Bird LLP
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- European Union
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- September 23 2010
Yesterday, the European Commission voted to approve the financial supervision reform package, which will shift the manner in which banks, stock markets and insurance companies are supervised and policed in Europe
FSA publishes discussion paper on fundamental changes to trading activity regulation
- Alston & Bird LLP
- -
- United Kingdom
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- August 25 2010
Today, the U.K. Financial Services Authority (FSA) published a discussion paper entitled “The prudential regime for trading activities - a fundamental review” that considers fundamental changes to the regulation of trading activities
SEC charges Citigroup and two executives in connection with misleading information regarding exposure to subprime assets
- Alston & Bird LLP
- -
- USA
- -
- July 30 2010
Yesterday, the Securities and Exchange Commission ("SEC") charged Citigroup with misleading investors concerning the company's exposure to subprime mortgage-related assets
Treasury and other financial regulators issue financial sector self-assessment reviews to IMF
- Alston & Bird LLP
- -
- USA
- -
- August 31 2009
Today, the U.S. Treasury and various other U.S. financial system supervisors and regulators, including the Federal Reserve, Office of the Comptroller of the Currency, Office of Thrift Supervision, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Commodity Futures Trading Commission, and National Association of Insurance Commissioners, submitted financial sector self-assessment reviews for banking, securities, insurance, and payment systems to the International Monetary Fund (IMF
Lawmakers intensify demands for special inquiry commission to identify causes of financial crisis
- Alston & Bird LLP
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- USA
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- April 23 2009
Yesterday, the U.S. Senate voted to create an independent bi-partisan Financial Markets Commission (FMC) to investigate the causes of the financial crisis
