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Financial Regulatory Developments 22 May - Prudential Regulation Authority (PRA)
  • Dentons
  • United Kingdom
  • May 22 2015

Andrew Bailey, CEO of PRA, has spoken on the role of financial markets and non-bank institutions in the recent financial crisis and the important


Financial Regulatory Developments 22 May - European Commission (Commission)
  • Dentons
  • European Union
  • May 22 2015

The Commission has responded to EBA's request for clarification as to the effect of the proportionality principle in Article 92(2) of the Capital


Financial Regulatory Developments 22 May - Financial Conduct Authority (FCA)
  • Dentons
  • United Kingdom
  • May 22 2015

FCA has levied a record £284,432,000 fine on Barclays Bank Plc (Barclays) for failing to control business practices in its London FX business. FCA


Financial Regulatory Developments 22 May - Payment Systems Regulator (PSR)
  • Dentons
  • United Kingdom
  • May 22 2015

PSR has published a supplementary paper to its consultation on fees and levies which provides clarification on the consultation and extends the


Financial Regulatory Developments 22 May - Competition and Markets Authority (CMA)
  • Dentons
  • United Kingdom
  • May 22 2015

CMA has published a consultation paper asking any interested parties to comment, with evidence, on whether CMA should review the Northern Ireland


Financial Regulatory Developments 22 May - Official Journal of the European Union (OJEU)
  • Dentons
  • European Union
  • May 22 2015

The Regulation on interchange fees for card-based payment transactions has been published in the OJEU. (Source: Regulation on Interchange Fees for


Financial Regulatory Developments 22 May - European Banking Authority (EBA)
  • Dentons
  • European Union
  • May 22 2015

EBA has updated its December 2013 list of closely correlated currencies for the purposes of calculating the capital requirements for foreign exchange


Financial Regulatory Developments 22 May - European Parliament (EP)
  • Dentons
  • European Union
  • May 22 2015

EP approves benchmarks Regulation: EP has approved the draft Regulation designed to curb conflicts of interest in the benchmark setting process. The


Kazakhstan's new international financial center
  • Baker & McKenzie
  • Kazakhstan
  • May 22 2015

In an effort to attract further investment into Kazakhstan, President Nursultan Nazarbayev on 19 May issued a decree (the "Financial Center Decree"


Has the PPSA undone your asset protection strategies?
  • McCullough Robertson
  • Australia
  • May 22 2015

The Personal Property Securities Act 2009 (Cth) (PPSA) is widely regarded as the most significant change to the law in Australia since the