Lexology PRO | USA | 30 Aug 2023
A commissioner at the US commodities regulator described the agency’s decision to fine Goldman Sachs $5.5 million for failing to record traders’ phone calls during the pandemic as “fundamentally unfair”.
Lexology PRO | Asia-Pacific, Belarus, China, etc. | 15 Aug 2023
AI companies expect tougher export controls, higher chip costs, and scrutiny on supply chain relationships in the short term as the US/China trade war and Russian sanctions impact the advanced tech trade globally.
Lexology PRO | European Union, Gibraltar, United Kingdom | 17 Apr 2023
What actions should financial institutions be prioritising now to meet the 31 July 2023 UK Consumer Duty implementation deadline?
Lexology PRO | European Union, Gibraltar, United Kingdom | 12 Apr 2023
A look at the key changes that will be imposed under the UK Consumer Duty and the implications for financial services institutions, from tighter governance to tailored training.
Wigge & Partners | Sweden | 28 Mar 2023
Over the past few years, trading in cryptocurrencies has increased in Sweden. The most common cryptocurrency is bitcoin. Cryptocurrencies are often held for investment purposes, rather than for payment purposes. Despite this, Swedish banks are restrictive in providing crypto-related services. In fact, there are almost no Swedish banks that provide crypto as an investment option. Before the......
Shearn Delamore & Co | Malaysia | 14 Mar 2023
The Securities Commission Malaysia recently issued technical note No. 1/2022 to clarify the licensing requirements for persons offering digital investment advice. This article discusses the note's key points.
Shearn Delamore & Co | Malaysia | 14 Feb 2023
Bank Negara Malaysia (BNM) recently issued an exposure draft on the Capital Adequacy Framework (Basel III – Risk-Weighted Assets). The Basel III reforms are expected to come into effect in 2025. This article sets out the recent exposure drafts of the Basel III reforms and the key changes that they will bring.
Lexology PRO | Asia-Pacific, Central & South America, European Union, etc. | 6 Jan 2023
Widening access to the sustainable finance market, restrictions on “forever chemicals” in products, and the rise of “socialwashing” activism are some of the key issues that companies should be focusing on in the coming year.
Lexology PRO | United Kingdom | 26 Oct 2022
The Financial Conduct Authority is proposing new rules to tackle misleading sustainability labels on investment products, in what has been called a “change of rhetoric” from the UK regulator.
Schulte Roth & Zabel LLP | USA | 21 Oct 2022
The “connections” of the chairman (“W”) of the debtor’s investment bank (“S”) to his family’s foundations do “not give rise to an actual, active…