Results 1-10 of 28
3 April 2019
The Polish Parliament has adopted three Acts in case the United Kingdom leaves the EU without a withdrawal agreement. One of them provides for the rules of conducting activities by certain financial market entities. The Act is to enter into force on the day the...
7 March 2019
Clifford Chance experts take a bird’s eye view of fintech developments across EMEA and how regulators are responding.
16 July 2018
On 9 July 2018, the EU's Fifth Money Laundering Directive came into force. Member States now have until 10 January 2020 to give effect in local law to its provisions, which impose a range of potentially onerous new requirements. The amendments made by 5MLD...
26 April 2017
The use of technology to deliver, enhance or “disrupt” financial services is transforming the sector. Whether you are an institution upgrading the existing financial services that you offer, a new entrant launching a groundbreaking product, or a regulator...
4 January 2016
The EU Securities Financing Transactions Regulation – or SFTR – has now been published in the Official Journal and will come into force on 12 January 2016, although many requirements are subject to transitional provisions.
Impact of amendments to the Bankruptcy Law on automatic early termination and insolvency events of default
2 September 2015
The new restructuring law of 15 May 2015 (the "Restructuring Law") will enter into force on 1 January 2016. The Restructuring Law introduces new restructuring procedures, allowing the restructuring of a debtor's business and avoiding its liquidation....
11 August 2015
Planned changes to the EU regulation on OTC derivatives, central counterparties (CCPs) and trade repositories (EMIR) should help end the anomaly under which all non-EU exchange-traded derivatives (ETD) are treated as “OTC derivatives” for the purposes...
10 August 2015
The market infrastructure to support EU derivatives reforms is quickly taking shape. A significant number of EU central counterparties (CCPs) have now been authorised under the EU regulation on OTC derivatives, central counterparties and trade repositories (EMIR)...
4 August 2015
The recently agreed EU regulation on securities financing transactions (SFTR) also imposes new rules on rights of reuse of collateral. In particular, the rules will require counterparties to provide new disclosures to the collateral provider if they receive financial...
24 April 2015
The timing of the last stages of the EU derivatives reforms remains uncertain. It is still unclear when the Commission will adopt the Regulatory Technical Standards (RTS) imposing the first clearing obligation under the EU regulation on OTC derivatives, central...