As the ongoing economic instability contributes to an environment ripe for litigation across a wide array of sectors, it is no surprise to see both an uptick in the number of providers of litigation finance and providers of litigation risk
Financial
Former Congressional Counsel Accuses Funders of Backing Patent Trolls
Whilst patent litigation is one of the most prominent and active areas that litigation funders are involved in, it is also the sector that attracts the most criticism from those who would prefer to see third-party funding more heavily regulated,…
Rise in Energy Sector Disputes Creates Opportunities for Third-Party Funding
The growth and transformation of the energy sector is big business, with significant investment coming from both state governments and the private sector to fund construction and development projects. However, the market volatility caused by the war in Ukraine means…
Beneficial ownership registers: Regulation Around the World
In this edition of Regulation Around the World we review the position regarding beneficial ownership registers which has come into the spotlight following work by the Financial Action Task Force and the introduction of reforms in a number of jurisdictions.…
EBA consults on standards for supervisors assessing the new market risk internal models under the fundamental review of the trading book
On 24 March 2023, the European Banking Authority (EBA) published a Consultation Paper on draft Regulatory Technical Standards (RTS) on the assessment methodology under which Member State competent authorities (NCAs) verify an institution’s compliance with the internal models approach as…
ESMA publish Guidelines on CCP recovery plan scenarios
On 24 March 2023, the European Securities and Markets Authority (ESMA) published Guidelines on central counterparty (CCP) recovery plan scenarios.
These Guidelines are based on Article 9(12) of the Regulation on a framework for the recovery and resolution of CCPs…
ESMA publish Guidelines on CCP recovery plan indicators
On 24 March 2023, the European Securities and Markets Authority (ESMA) published Guidelines on central counterparty (CCP) recovery plan indicators.
These Guidelines are based on Article 9(5) of the Regulation on a framework for the recovery and resolution of CCPs…
Sustainable Finance: New Markets for Islamic Finance
This blog was co-authored by Kristin January, Trainee Associate
Islamic finance has shown to be systemically important in many jurisdictions and is growing in the wider regions of the Middle East, Asia and Africa. Recent discussions focusing around the favourable…
Regulation Tomorrow Plus: ESG insight series – what are we seeing in the market?
In the first of our financial services ESG insight series, Haney Saadah discusses what he is seeing in the market and some of the key ESG pressure points from a regulatory perspective.
Second Circuit rules CFPB’s funding does not violate Appropriations Clause
A three-judge panel of the U.S. Court of Appeals for the Second Circuit has unanimously ruled that the CFPB’s funding structure does not violate the Appropriations Clause of the U.S. Constitution. In its decision, the panel expressly declined to follow…