Sponsored

Crowdfunding and peer-to-peer lending have been on the EU Commission's radar for a while. Until recently, the position was 'no-action required'. However, the growing relevance of the market led the Commission to issue a proposal for the regulation of European crowdfunding service providers for business (the Regulation) on March 8 2018. This regulation focuses on crowdfunding for the funding of business (hence, excluding crowdfunding for social projects).

The Central Bank of Ireland (CBI) recently published its 2017 annual report. It is essential reading for Irish finance services regulatory advisers, and for any entity with a business presence in Ireland in the banking and financial services sector.

The EU’s new framework to encourage high quality securitisations contains a revised set of rules together with criteria for simple, transparent and standardised securitisations

The European Parliament recently passed a new regulation on securitisation, which is part of the capital markets union action plan. Regulation (EU) 2017/2402 of the European Parliament and Council, of December 12 2017 (the Securitisation Regulation), establishes a general framework for securitisation and creates a specific framework for simple, transparent and standardised securitisation. Its aim is to promote a safe and liquid market for securitisation. An amendment was also implemented relating to the regulation on capital requirements. Its purpose is to make the capital treatment of securitisations for banks and investment firms more risk-sensitive and to reflect the specific features of simple, transparent and standardised securitisations.

Thailand has the highest solar and wind power output in ASEAN. The Thai regulators adopted an adder tariff policy, and subsequently a feed-in tariff policy, which provided incentives for renewable projects.

Urs Feller and Marcel Frey of Prager Dreifuss provide an overview of the rights of heirs when identifying Swiss assets

The regulation of virtual currencies poses a number of practical questions

Tackling money laundering is a new area of focus for the UK financial regulator. New enforcement tools could help it in that mission

The PRC is progressively introducing a series of measures to ease restrictions on foreign investment