The Delta Report – Derivatives Newsletter: November 2017 | White & Case LLP International Law Firm, Global Law Practice
The Delta Report – Derivatives Newsletter

The Delta Report – Derivatives Newsletter: November 2017

Brexit update

As the contours of Brexit start to become clearer through the negotiations between the EU and the British Government and the release of position papers from the two parties, the potential impacts on London based financial institutions, participants in the derivatives market and – more generally – contract parties using English law governed agreements is likewise beginning to emerge. In this edition of the Delta Report, our Brexit review outlines some of the key developments that have taken place since July 2017, analyses the position papers issued by the British Government and the EU on the cross-border enforcement of civil judgments and also outlines some of the key issues that are beginning to emerge in derivative documentation negotiations as well as commenting on the potential impact on the derivatives market more generally.

Read this chapter

 

On the end of LIBOR: preliminary reflections on its implications for derivatives

Following the announcement by the Financial Conduct Authority that it will not compel panel banks to submit quotations to LIBOR, this paper analyses the impact it is likely to have on the derivatives market, the Benchmark Regulation and generally the main commercial and legal issues around the replacement of LIBOR.

Read this chapter

 

MiFID II/MiFIR – Outlook into 2018

This article examines some of the key issues looking ahead to the MiFID II/MiFIR implementation start date on 3 January 2018.

Read this chapter

 

Regulators begin Volcker Rule review, signaling potential for needed clarifications

On 2 August 2017, the Office of the Comptroller of the Currency ("OCC") issued a notice and request for public input ("Request")1 on potential revisions to the implementing regulations for the Volcker Rule. The OCC's action represents a preliminary step by the financial regulators in providing Volcker Rule relief.

In this article we set out a brief summary of the Request. For a more detailed explanation, please see our client alert on the Request available here.

Read this chapter

 

Download full PDF of this issue of the Delta Report.

Search for more White & Case Derivatives Insights.

Visit the White & Case Capital Markets Practice Group.

 

1 - OCC, Proprietary Trading and Certain Interests in and Relationships with Covered Funds (Volcker Rule); Request for Public Input, 82 Fed. Reg. 36692 (Aug 7, 2017).

 

This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
© 2017 White & Case LLP