EU Mulls Post-Brexit Clearinghouse Supervision Changes
Law360, London (December 4, 2018, 8:21 PM GMT) -- European Union member states have agreed to a set of proposals on how to approach the supervision of EU and third-country clearinghouses after Brexit, the European Council has announced.
EU ambassadors said on Monday they had decided that the council should hold talks with the European Parliament about how to revise the wide-ranging European Market Infrastructure Regulation, which governs the trade in over-the-counter-derivatives, to introduce a two-tier system for clearinghouses based outside the EU.
Hartwig Loger, minister for finance of Austria, which holds the rotating council presidency, said the bloc’s capital markets union project needed to be based on solid rules...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.