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ARTICLE · 10 FEBRUARY 2014

Financial Regulatory Development Focus

A&O Shearman
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In this newsletter, we provide a snapshot of the principal European, US and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructures, asset managers and corporates.

United StatesCorporate/Commercial Law
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In this newsletter, we provide a snapshot of the principal European, US and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructures, asset managers and corporates.

Our latest quarterly Governance & Securities Law Focus newsletter is available at:

http://www.shearman.com/~/media/Files/NewsInsights/Publications/2014/01/Governance_and_Securities _Q4_BulletinCMCGFIAECEBLT012414.pdf.

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ESMA Supplements its Technical Advice on Equivalence of Japanese Regime

On 30 January 2014, the European Securities and Markets Authority ("ESMA") published supplemental technical advice to the European Commission on the equivalence of the Japanese regulatory regime to the EU regime under the European Market Infrastructure Regulations ("EMIR"). ESMA provided initial advice to the European Commission on 1 September 2013 relating to the recognition of third country central counterparties ("CCPs") and the

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