Regulation updates

Post-crisis regulatory consensus unravels

KPMG: US deregulation instincts spark rift in global financial rulemaking


Regulations to slow down blockchain roll-out

EY: Governance key to retain trust as e-ledger tech goes mainstream

EU to amend safekeeping duties of depositaries

Commission tables five changes to depositaries’ law



Change is the rule

The new wave of regulation impacting private equity could spell a major operational shift for the industry

Cross-border proposals backfire

Draft pre-marketing rules will complicate rather than ease EU-wide fund distribution

EU tax opinion may drive transparency in PE structuring

ECJ to rule on dividend and interest payments through holdcos

SMCR in practice

Reed Smith’s Douglas Cherry shares practical guidance for SMCR compliance

Mifid II update: FCA versus SEC

Reed Smith’s Adrian Brown and Don Andrews compare Mifid II implementation from either sides of the pond

Private equity’s pivotal role in the CMU

The Drawdown ventures to Brussels to explore what financial union plans will mean for PE

The Drawdown explores the private equity implications of the Capital Markets Union

Brussels to slacken grip on MiFID advisers

Reform plans set to ease compliance and pay rules for key private equity actors

The Drawdown explores the private equity implications of reform plans for the EU prudential regime

Private equity hedges bets on EMIR forex hedging rules

Funds’ FX hedges face costly collateral requirements in new EU regs

maze

Private equity exemption from EMIR floated

Amendment of EMIR proposed by EU Council

different bank notes

Brexit risks regulatory expertise loss for PE

The FCA’s expertise and approach to private equity regulation will be missed

Flags

EU centralisation drive met with caution

Proposal to let Esma authorise directly certain funds draws mixed reaction from regulators at Irish industry event


Waking up to climate change: day-to-day considerations

Climate change risk adds to increasing reporting requirements


Destination: Domicile

The Drawdown presents a guide to key fund destinations for GPs mulling a post-Brexit trip


MiFID II for Private Equity: Best Execution

Changes to best execution obligations under MiFID II require GPs to update policies to ensure all possible steps are taken


MiFID II for Private Equity: Product Governance

Reed Smith’s Tamasin Little outlines the need for all firms to establish product governance policies