Legal News - November-December 2019

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Challenge of the guidelines of the European Banking Authority and notice of compliance by the Prudential Supervisory and Resolution Authority (ACPR)

France Finance and Banking

In this edition

Supervisory Authorities

Challenge of the guidelines of the European Banking Authority and notice of compliance by the Prudential Supervisory and Resolution Authority (ACPR)
Strengthening of ESMA's powers vis-à-vis central counterparties
ESMA and Colleges of Central Counterparties

Financial Intermediaries

Definition of credit institution and extension of the competence of the European Central Bank
Categories of third country central counterparties
Prudential regulations applicable to investment firms

Sanctions

Manipulation of the Euribor rate and anti-competitive practice
Penalties for obstructing AMF investigations

Consumer protection

Strengthening of consumer protection
Reduction of the total cost of credit in the event of early repayment
Mention of the APR in the consumer credit agreement
Due diligence of the presenting banker in the event of cheques made payable to a person who is a court-appointed administrator
Due diligence of the presenting banker when cashing cheques on which the name of a payee has been added next to the name of the initial payee
Under what conditions can a borrower blame a bank for having calculated the interest on the loan over a 360-day banking year?
Are insurance companies obliged to provide annual information to the guarantor?

Our upcoming seminars

16/01/2020

European sovereignty in the digital domain: what strategies?

Hubert de Vauplane

22/01/2020

M&A rendez-vous "Acquisition agreements in English and French law"

Dana Anagnostou, Reid Feldman

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