From Lexology

Thai SEC’s New Rules on The Digital Wallet Management System for The Custody of Digital Assets and Cryptographic Keys

The Thai Securities and Exchange Commission (the "Thai SEC") issued notifications on 15 and 19 December 2022, which became effective on 16 January…

20 January 2023

United Arab Emirates: SCA Overhauls Regulations Governing Foreign Fund Offerings

The Securities and Commodities Authority (“SCA”), the federal financial regulatory agency in the United Arab Emirates (“UAE”) issued on 16 January…

19 January 2023

HMT Review of Payment Services Regulations: is this the beginning of a tectonic shift in the regulatory bedrock?

Ten years ago, the thought of your phone scanning your face before you pay for your morning coffee may have been a disturbing one. Five years ago…

19 January 2023

Clearing in the EU after EMIR 3

The European Commission published proposals to amend the EU’s European Market Infrastructure Regulation (EMIR) in December 2022 (EMIR 3). According…

19 January 2023

Review of the UK Payment Services Regulations: Considerations for Firms

On January 13, 2023, HM Treasury published a review of the Payment Services Regulations 2017 (PSRs) and related Call for Evidence (the Consultation)…

18 January 2023

ELTIF 2.0: retailization of private funds - the gateway to heaven or a storm in a teacup?

Since Regulation (EU) 2015/760 of the European Parliament and of the Council of 29 April 2015 on European Long term investment funds (ELTIF…

18 January 2023

A new step in the adoption of the Digital Finance Package

A digital finance package (the “Package”) which aims at further enabling and supporting the potential of digital finance in terms of innovation and…

18 January 2023

Trends in Syndicated Loans and Related Regulations in Japan

The value of syndicated loans in Japan has been increasing in much the same way as in other countries. For borrowers, syndicated loans are large and…

17 January 2023

Final Rule Implementing Libor Act Confirms Use of CME Term SOFR Plus CSA for Tough Legacy Contracts

On December 16, 2022, the Federal Reserve Board adopted the final rule (the “Final Rule”)1 implementing the Adjustable Interest Rate…

17 January 2023

Ontario’s Proposed Capital Markets Act Fails to Crack the Code for Regulating Crypto

In 2022, the Ontario government released its first draft of the proposed Capital Markets Act (the "CMA"),[1] following an extensive consultation with…

17 January 2023

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