*/
European Union – Regulations. Following the financial crisis in 2007 and 2008, it was agreed that all standardised over-the-counter derivatives should be cleared through a central counterparty and reported to trade repositories. The European Securities and Markets Authority (ESMA), which was established to ensure supervision of European Union's financial system, applied to the High Court in England for authorisation to carry out an inspection at the premises in England of the respondent trade repository. The Chancery Division granted the application, having been satisfied that it was appropriate to do so on the documentation submitted. Consideration was given to the circumstances in which future applications for authorisation by either ESMA or the Financial Services Authority, pursuant to reg 17 of the Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013, SI 2013/504, could be made to the court on the papers.
European Union – Regulations. Following the financial crisis in 2007 and 2008, it was agreed that all standardised over-the-counter derivatives should be cleared through a central counterparty and reported to trade repositories. The European Securities and Markets Authority (ESMA), which was established to ensure supervision of European Union's financial system, applied to the High Court in England for authorisation to carry out an inspection at the premises in England of the respondent trade repository. The Chancery Division granted the application, having been satisfied that it was appropriate to do so on the documentation submitted. Consideration was given to the circumstances in which future applications for authorisation by either ESMA or the Financial Services Authority, pursuant to reg 17 of the Financial Services and Markets Act 2000 (Over the Counter Derivatives, Central Counterparties and Trade Repositories) Regulations 2013, SI 2013/504, could be made to the court on the papers.
Now is the time to tackle inappropriate behaviour at the Bar as well as extend our reach and collaboration with organisations and individuals at home and abroad
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Maria Scotland and Niamh Wilkie report from the Bar Council’s 2024 visit to the United Arab Emirates exploring practice development opportunities for the England and Wales family Bar
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David Wurtzel analyses the outcome of the 2024 silk competition and how it compares with previous years, revealing some striking trends and home truths for the profession
Save for some high-flyers and those who can become commercial arbitrators, it is generally a question of all or nothing but that does not mean moving from hero to zero, says Andrew Hillier
