Under the EU Capital Requirements Regulation (CRR), a banking organization must report to supervisory authorities its ten largest exposures to "shadow banking entities which carry out banking activities outside the regulated framework." The European Banking Authority (EBA) has...
On 29 April 2022, the China Securities Regulatory Commission (CSRC) released for public consultation the Measures for the Administration of Cybersecurity Relating to the Securities and Futures Industry (Draft for Comments) ("Draft Measures").
As we previously informed you, on April 12 the European Commission (Commission) published a targeted consultation on the functioning of the Money Market Fund Regulation (MMFR), which has been fully applicable since January 2019.
On May 13, we submitted a letter to Andrea Gacki, the Director of the Office of Foreign Assets Control (OFAC), regarding the Russia sanctions. In the letter, we requested that OFAC amend General License No. 9C (GL 9C) to the Russian Harmful Foreign Activities Sanctions Regulations...
In April, the International Organization of Securities Commissions (IOSCO) issued a discussion paper on the corporate bond markets, focusing on their experiences during the COVID-19 induced market stress of March 2020.
ICI submitted a comment letter on April 21 to the US Department of Justice Antitrust Division (DOJ) and the Federal Trade Commission (FTC) in response to their Request for Information (RFI) on the merger guidelines.
On April 12, the European Commission (Commission) published a targeted consultation on the functioning of the Money Market Fund Regulation (MMFR), which has been fully applicable since January 2019.
This memorandum catalogues significant ESG related developments that have occurred since February 8, 2022. It references ICI memoranda that provide a more fulsome description of each matter.
On 31 March 2022, the International Sustainability Standards Board (ISSB) launched a consultation on its first two proposed IFRS Sustainability Disclosure Standards.
On 4 April 2022, the European Commission published a Targeted Consultation on the Functioning of the ESG Ratings Market in the European Union and on the Consideration of ESG Factors in Credit ratings.
