Financial Regulation International

The European Parliament has probably won a Pyrrhic victory with its position on bank bonuses. In return, EU member states got what they wanted with Europe’s implementation of Basel III: no binding leverage ratio; mortgage risk weightings and..

In practice, non-compete clauses are common in acquisition agreements – the clauses impose professional restrictions (ie limit professional activities in certain territories or business segments) on the key employees after the acquisition is..

IntroductionThe latest amendments of the European Commission to the Markets in Financial Instruments Directive II Proposal (MiFID II)[1] and in particular to the Markets in Financial Instruments Regulation Proposal (MiFIR)[2] would introduce a..

International standard-setters have pulled back from reforms for the second time as tight liquidity conditions and poor economic growth prospects continue to influence the regulatory agenda. In January, the Basel Committee introduced less onerous..

Known unknownsWill the engagement between regulators and the industry change in this next phase of rulemaking? Will the industry use rule delays and rewrites to help forge more implementable regulations in 2013? Which regulations will need to..

The EU banking union proposals for centralised supervision of the largest EU banks represent a significant new step in the evolution of the single market for financial services. It will pose many challenges for the ECB supervisors and national..

The prevention of financial crime is a perennial regulatory hot topic. The UK, in common with other major economies, has seen change in its laws over recent years, strengthening and modernising those already in place. The year 2013 shows no signs of..