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Financial services and banking news update - 19 January 2017
  • Addleshaw Goddard LLP
  • European Union, United Kingdom
  • January 20 2017

The European Banking Authority has published an update to the XBRL taxonomy that Competent Authorities should use for the remittance of data under the


Accenture runs its largest ever fintech accelerator programme in shadow of Brexit
  • K&L Gates
  • European Union, United Kingdom
  • January 20 2017

After fielding more than 300 applicants around the globe, Accenture has selected 20 start-ups to participate in its largest ever fintech accelerator


Protections Against Mechanic's Liens
  • Hunton & Williams LLP
  • USA
  • January 20 2017

The following article highlights a few of the ways for lenders, investors and sponsors to protect against the risk of losses due to a mechanic's lien


Details of Movable Pledge Revealed
  • Baker McKenzie
  • Turkey
  • January 20 2017

The Turkish collateralization system was recently updated through the introduction of the Law No. 6750 on Movable Pledges (the "Movable Pledge Law"


High Risks of Banking with “Legal” Marijuana Businesses
  • Porter Wright Morris & Arthur LLP
  • USA
  • January 20 2017

Twenty-three states and the District of Columbia now permit the use and possession of marijuana to some degree under state law, and public support


Financial services and banking news update - 20 January 2017
  • Addleshaw Goddard LLP
  • European Union, United Kingdom
  • January 20 2017

European Parliament published a press release announcing that it had voted to pass a motion for a resolution objecting to the proposed Delegated


Central Bank Finalises Guidance and Rules for Fund Management Companies
  • LK Shields
  • Ireland
  • January 19 2017

On 19 December 2016, the Central Bank of Ireland published the final guidance (the Guidance) for fund management companies on managerial functions


EU-US Bilateral Agreement on Insurance and Reinsurance Prudential Measures
  • McCann FitzGerald
  • European Union, USA
  • January 19 2017

The EU and US have reached a bilateral agreement on prudential measures regarding (re)insurance, which should improve the ability of EU (re)insurers


Hong Kong government launches two consultations on legislative proposals to enhance regime for combatting money laundering and terrorist financing
  • Herbert Smith Freehills LLP
  • Hong Kong
  • January 19 2017

Earlier this month, the Hong Kong government launched two consultations on legislative proposals aimed at bringing Hong Kong in line with


How Will the New Administration Prosecute Businesses?
  • Morvillo Abramowitz Grand Iason & Anello PC
  • USA
  • January 19 2017

A pervasive sense of uncertainty about America under the President set to be sworn in tomorrow has extended into almost every aspect of life. Perhaps