The Tokyo Stock Exchange (TSE) is the fourth largest in the world. As of April, the TSE had a market capitalization of $5.76 trillion. Any material change to the TSE’s composition can have impacts on the listed companies themselves or … Continue reading The Butterfly Effect: Japanese Exchange Proposals May Have Major Global Impact
Brexit. Fintech. ESG. Culture. ETFs. Last week, regulatory experts and industry leaders gathered in Dublin for the Mason Hayes & Curran “Opening Doors in Ireland” Investment Funds Regulatory Briefing. Speakers reviewed some recent key developments in the investment funds industry. … Continue reading 5 Themes in Global Financial Regulation
After more than a decade of policy debates, yesterday was a red-letter day for the US asset management and broker-dealer industries. The US Securities and Exchange Commission (SEC) voted 3-1 to approve Regulation Best Interest, a set of rules aimed … Continue reading SEC Votes in Favor of Regulation Best Interest But Will This Be Their Final Answer?
Regulatory authorities from time to time point out that one of the lessons of the financial crisis was the importance of culture in financial services firms, often referred to as “tone from the top.” Around the globe, regulators continue to … Continue reading UK’s New Rules for Executives Raise the Bar for Asset Manager Accountability
Some would argue the global interbank offered rates (IBORs) had it coming. Marred by scandal and post-crisis liquidity concerns following the sharp decline of interbank lending, the benchmarks entered the cross-hairs of global regulators. The result: A phase out of … Continue reading Get in Position for Risk-Free Rate Transition
The International Organization of Securities Commissions (IOSCO) is a highly influential consortium of global regulators whose members cover 95% of the world’s securities and futures markets across 115 jurisdictions. Given IOSCO’s expansive reach, many consider the association as the global … Continue reading IOSCO Maps Out 2019 Global Regulatory Focus