|
| 1 | MiFID: overview In this practice note, Hugh Merritt, Senior Associate at Hogan Lovells, provides an overview of the purpose and key provisions of the Markets in Financial Instruments Directive (2004/39/EC). It covers: MiFID's structure. How MiFID was implemented in the UK. Whom MiFID affects. Key aspects of MiFID for investment firms. The regime for markets. Cross-border activities (that is, the EU passport). | Practice Note: Overview | Maintained |
|
| 1 | MiFID II: legislative proposals This practice note outlines the European Commission's legislative proposals to amend the Markets in Financial Instruments Directive (2004/39/EC), which were published on 20 October 2011 (MiFID II). For a summary of, and links to, PLC Financial Services MiFID materials, see Practice note, A guide to PLC Financial Services MiFID materials. | Practice Notes | Maintained |
| 2 | Lehman Brothers: client asset issues This resources document provides links to key PLC legal updates, case reports and articles available to PLC Financial Services subscribers in relation to client asset issues arising from the administration of Lehman Brothers International (Europe) (LBIE), including links to the relevant key primary sources. It is not intended to be an exhaustive list of all PLC materials relevant to Lehman Brothers client asset issues. For more information on the work of the FSA, HM Treasury and other bodies on strengthening the UK client assets regime in response to the issues highlighted by the financial crisis and the collapse of Lehman Brothers, see Practice note, FSA reform of client assets regime (2008-11): thematic work and rules changes. | Practice Notes | 24-Feb-2012 |
|
| 1 | Practical points for firms following UK Supreme Court's ... In this checklist, Karen Anderson, Partner, and Sarah Thomas, Senior Associate, in Herbert Smith Freehills' Financial Services Regulatory Group, and Patricia Horton, a professional support lawyer in that group, consider the Supreme Court's February 2012 judgment on the administrators' client money application in the matter of Lehman Brothers International (Europe) (LBIE): Re Lehman Brothers International (Europe) (in administration) [2012] UKSC 6. The judgment has a number of implications for firms that hold client money, as well as for firms that hold money with banks and other firms as clients themselves. For a summary and analysis of the key points of the judgment and its implications, see Article, Lehman client money judgment: Supreme Court upholds Court of Appeal decision. | Checklists | 05-Mar-2012 |
|
| 1 | Lehman client money judgment: UK Supreme Court upholds ... In this article, Karen Anderson, Partner, and Sarah Thomas, Senior Associate, in Herbert Smith's Financial Services Regulatory Group, and Patricia Horton, a professional support lawyer in that group, consider the Supreme Court's February 2012 judgment on the administrators' client money application in the matter of Lehman Brothers International (Europe) (LBIE): Re Lehman Brothers International (Europe) (in administration) [2012] UKSC 6. The judgment has a number of implications for firms that hold client money, as well as for firms that hold money with banks and other firms as clients themselves. For a checklist of some practical points for firms to consider arising from the judgment, see Checklist: Practical points for firms following Supreme Court's Lehman client money judgment. | Articles | 05-Mar-2012 |
|
| 1 | FSB reports to G20 on progress of financial regulatory reforms The Financial Stability Board (FSB) has published a letter (dated 15 April 2013) sent to the G20 ahead of its meeting on 18 to 19 April 2013, reporting on the progress being made in financial regulatory reforms. | Legal Update: archive | 22-Apr-2013 |
| 2 | FSA consults on non-EEA national depositor preference ... The FSA has published a consultation paper on addressing the implications of non-EEA national depositor preference regimes (CP12/23). | Legal Update: archive | 11-Sep-2012 |
| 3 | IOSCO report on survey of client asset protection regimes The Technical Committee of the International Organization of Securities Commissions has published its final report on its survey of the client asset protection regimes in force in a number of different jurisdictions. | Legal Update: archive | 14-Mar-2011 |