We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
On 4 February 2014, the written answer of the Government
regarding the ECJ judgment in United Kingdom v European
Parliament and Council of the EU, (Judgment of the Court) [2014]
EUECJ C-270/12 (22 January 2014) was published in Hansard.
the report states that the Government is disappointed that the
ECJ has not upheld the UK's challenge to annul Article 28 of
the Short Selling Regulation;
the Government has consistently said it wants tough financial
regulation that works, but powers conferred on EU agencies must be
consistent with the EU treaties, and ensure legal certainty;
and
the ruling bears no impact on the day-to-day application of the
Short Selling Regulation (Regulation 236/2012) and has no
implications for other legal challenges made by the UK relating to
financial services regulation.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
On 29 March 2017 the UK's Article 50 Notice was delivered to the European Council in Brussels, triggering the formal process for the UK's exit from the EU.
The UK Competition and Markets Authority announced a consultation on proposed revisions to its published guidance on penalty setting in Competition Act 1998 cases.
Financial services firms are preparing to implement changes required by the European Commission’s “Markets in Financial Instruments Directive”, or MiFID.
In our report "The next frontier - the future of automated financial advice in the UK", published in April, we noted that a key regulatory challenge for firms in providing automated advice is understanding...
In the first half of 2018, two major new pieces of regulation will "go live" as the revised Payment Services Directive and the General Data Protection Regulation come into effect from January and May respectively.
The Basel Committee on Banking Supervision and the International Financial Reporting Standards (IFRS) Foundation have signed a memorandum of understanding (MoU) aimed at fostering long-term financial stability...
The MiFID II regime will come into force throughout the EU on 3 January 2018. Many of the new rules will directly impact commodity market participants both inside and outside the EU.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).
Michael Tang - Global Financial Services Digital Transformation Leader, Aug 2017 (Video)
