Lexology PRO | Italy | 17 Sep 2021
An Italian court has quashed the national competition enforcer’s €5.7 million fine to Vodafone Italia for operating a margin squeeze in the bulk text messaging market, two months after overturning another major antitrust ruling against the telecommunications company and its rivals.
Maples Group | Cayman Islands | 19 Jul 2019
Margin loan financing in developing markets can expose lenders to a number of risks, including their ability to liquidate shares provided by a…
Katten Muchin Rosenman LLP | USA | 2 Nov 2018
On October 31, the Commodity Futures Trading Commission’s Office of the Chief Economist issued a report on “Phase 5” of the uncleared margin rules…
Linklaters LLP | Hong Kong | 17 Aug 2018
The Securities and Futures Commission said in a circular issued earlier this month that it believes some licensed corporations carrying out asset…
Sidley Austin LLP | Global, USA | 31 Jul 2018
The regulatory requirements for posting and collecting initial margin (IM) currently apply principally to the uncleared over-the-counter (OTC)…
McCarthy Tétrault LLP | Canada, United Kingdom | 17 Apr 2018
On April 6, 2018, the United Kingdom Financial Conduct Authority (FCA) issued a statement on cryptocurrency derivatives (the FCA Statement) indicating…
Mayer Brown | United Kingdom | 28 Feb 2018
The Court of Appeal has considered whether a spread betting company owed a contractual, tortious or regulatory duty to its customer to protect the…
Katten Muchin Rosenman LLP | USA | 12 Feb 2018
On February 5, the Prudential Regulators—the five federal banking regulators for swap dealers that are banks—proposed technical amendments to their…
Katten Muchin Rosenman LLP | USA | 17 Dec 2017
The Commodity Futures Trading Commission issued a Proposed Interpretation that would formally require actual delivery of a virtual currency to a…
Squire Patton Boggs | United Kingdom | 11 Dec 2017
The Court has recently handed down judgment in Abdullah and others v Credit Suisse (UK) Limited and Credit Suisse Securities (Europe) Limited, a case…