'Exchange — International' newsletter (Issue 17 — February 2013)
DLA Piper’s Financial Services International Regulatory team welcomes you to the 27th edition of ‘Exchange — International’ — an international newsletter designed to keep you informed of regulatory developments in the financial services sector. This issue includes updates from Austria, Sweden, the UK and the US.
On 11 October 2012, the Basel Committee on Banking Supervision (“BCBS”) published its framework for dealing with domestic systemically important banks (D-SIBs). The BCBS has developed a set of principles broadly categorised into two groups: assessment methodology for D-SIBs; and higher loss absorbency requirements for D-SIBs. The BCBS’s view is that banks should be assessed by national authorities for their systemic importance to that specific jurisdiction and that the framework should be added to the scope of the Basel III regulatory consistency assessment programme…
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News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The ATO has released its long-awaited public guidance on the Australian tax and GST treatment of bitcoin and other crypto-currencies.
Don’t forget the 23 September 2014 deadline to ensure your business associate agreements comply with the Omnibus Final Rule
Covered entities with business associate agreements that were entered on or before 25 January 2013 must revise their BAAs by 23 September 2014.
Analysis from The Lawyer
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions