Regulatory Design
The Global Financial Crisis has demonstrated the limits of debates over privileging rules over principles or vica-versa. Effective regulatory design necessitates a pro-active interaction between rules, principles and social norms in order to determine that stated values actually inform practice. This series examines the impact of the GFC on regulatory design.
The Oxford Project: A Corporate Law Ethicist Responds
Is The End of Austerity the End for Europe?
Proposals to Reform the FRC: A Joint Government and FRC Response
The Government and Financial Reporting Council (“FRC”) identified a number of constraints on its effectiveness. To address these constraints, the Government and FRC published for consultation in October 2011 a set of proposals.
Originally Published:
Tuesday, March 27, 2012
FRC responds to European Consultation on Pension Scheme Regulation
The FRC has responded to the European Insurance and Occupational Pensions Authority’s (EIOPA) draft advice to the European Commission (EC) for the review of the IORP Directive, the European legislation that governs the regulation of UK pension schemes.
Originally Published:
Wednesday, January 4, 2012
ESMA's Report on the Supervision of Credit Rating Agencies
The European Securities and Markets Authority (ESMA) has published a report which provides an overview of its supervisory activity on credit rating agencies (CRAs) registered in the European Union.
Originally Published:
Thursday, March 22, 2012
Regulation on Short Selling and Certain Aspects of Credit Default Swaps
The Regulation on short selling and certain aspects of credit default swaps has been published in the Official Journal of the European Union. The Regulation comes into effect on 1 November 2012.
Originally Published:
Saturday, March 24, 2012
ECB Opinion on the (i) MiFID review (ii) EMIR (iii) MAD review
The European Central Bank has published several opinions relating to markets in financial instruments and insider dealing.
Originally Published:
Thursday, March 22, 2012
EU Clamping Down on Derivatives Trade
The European Parliament has announced that it has adopted the European Market Infrastructure Regulation.
Originally Published:
Thursday, March 29, 2012