Regulatory Reporting
193 white papers and resources
Enforcement — what to expect under the Financial Conduct Authority
This white paper reviews the recent breakup of the Financial Services Authority (FSA). It provides insight into how the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) will regulate the UK’s financial services industry in the future.
Banking crisis in Cyprus: Q&A on the new banking laws
Harneys answers frequently asked questions about banking in Cyprus in the context of the current banking crisis. Key issues discussed include circumstances under which the Deposit Protection Scheme is activated, which deposits are covered by the Deposit Protection Fund and depositor compensation.
Emerging themes 2013: A clean sweep for financial regulation?
Regulatory compliance and risk management continue to be a mounting concern for the financial sector. Set against a backdrop of increasingly aggressive financial services regulation, this white paper provides a series of short topical articles discussing key areas of focus.
UBS and rogue-trading: an insight into prevailing regulation
UBS was recently fined £29.7m as a consequence of the much-publicised rogue-trading activities of Kweku Adoboli. Macfarlanes provides a summary and outlines why the UBS Final Notice emphasises the importance placed by the FSA on an institution's first line of defence.
Transform to Grow: The New Face of Banking
Banks have seen tremendous changes occurring in the way they need to serve corporate customers. Key drivers include slow economic growth and the effects of regulatory changes. This white paper looks at the impact that these challenges have on banks and what technology can do to support the new face…
Restoring the markets in a financial crisis - the 2012 capital markets report
With contributions from over 100 senior corporate decision-makers and professional advisors, this white paper highlights the key issues for consideration and implementation by potential entrants to the markets, existing issuers and market participants.
Financial services update: UCITS Directive; shadow banking recommendations; securitisation regulation
Macfarlanes' financial services update offers news and comment on the key issues of the week, including ESMA's opinion on UCITS investment in collectives; the EVCA handbook of professional standards; FSB recommendations on shadow banking; IOSCO's final report on securitsation regulation; and more.
US announces more than 50 countries now engaged in FATCA discussions
The US Treasury Department has announced that it is engaging in discussion with more than 50 countries to develop an intergovernmental approach to the implementation of the Foreign Account Tax Compliance Act. DLA Piper outlines the background to this development and details the countries involved.
Framework legislation on ring-fencing and depositor preference published
The draft Financial Services (Banking Reform) Bill published recently. It is the first legislative step toward implementing recommendations of the Independent Commission on Banking. This white paper reviews the Bill, updates on the status of other ICB recommendations and looks at next steps.
Setting the Stage: FATCA Compliance
The Foreign Account Tax Compliance Act stands to transform the global tax framework and how financial institutions track and report on their clients’ financial assets. With the law slated to come into effect in 2013, its implications and how financial institutions need to prepare is considered.