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ARTICLE · 29 APRIL 2016

Headlines – April 22, 2016

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For more detail on this and other regulatory developments, read the individual posts below.

United KingdomFinance and Banking

For more detail on this and other regulatory developments, read the individual posts below.

CDS clearing RTS published in the OJEU: RTS on the clearing obligation under EMIR for classes of CDS over-the-counter derivative contracts has been published in the OJEU and takes effect on 9 May.

Court grants injunction to protect bank from ML concerns: The High Court has heard an application for a mandatory injunction from a payment institution whose accounts a bank had closed.

FCA and PRA propose implementation of the Enforcement Review: FCA and PRA are consulting on proposed implementation of the enforcement review and the Green report into enforcement actions following the failure of HBOS.

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