CFTC approves final cross-border guidance of the swap provisions of the Dodd-Frank Act
Following yesterday’s announcement by the Commodity Futures Trading Commission (CFTC) and the European Commission of a joint understanding regarding a co-ordinated approach to the regulation of cross-border derivatives, today the CFTC approved (by a 3–1 vote of the Commissioners) final interpretive guidance and policy statement regarding compliance with certain swap regulations (the final guidance) and an accompanying exemptive order phasing in compliance with certain aspects of the final guidance (the phase-in exemptive order)…
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Corporate liability: the Italian Supreme Court extends the scope of application of Legislative Decree No. 231/2001
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Analysis from The Lawyer
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