Search results (1694 cards)

Updated: June 3, 2010 (Initial publication: May 3, 2010)

Sectorial Analysis

II-6.14 : The CME Group challenges the Commodity Futures Trading Commission’s January 26, 2010 proposition to regulate speculation on energy futures, option contracts, and derivatives.

Main information

The Commodity Futures Trading Commission (CFTC) published a proposition to regulate speculation through futures and option contracts on the over-the-counter energy market on January 26, 2010. This proposition is being challenged by the CME Group (the principal American futures market operator), which claims that the CFTC does not have a legal mandate to regulate over-the-counter trading in energy, because such action would have to be authorised by a specific law.

Updated: April 13, 2010 (Initial publication: April 10, 2010)

Contributions

Sectorial Report (Media, Internet): Decision of the Federal Appeals Court in Washington, D.C. handed down on 6 April 2010: Comcast Corporation vs. Federal Communication Commission (FCC). This Regulator is incompetent to impose the theory of Network and Internet Neutrality.

Updated: April 12, 2010 (Initial publication: April 6, 2010)

Sectorial Analysis

II-9.1 : A United States Federal Court found that payments made by Schering Plough in order to delay the introduction of generic forms of its drugs did not violate Antitrust Law, in a 26 March 2010 decision.

Main information

The U.S. District Court in Newark, New Jersey, dismissed a class action suit brought against drug manufacturer, Schering Plough, alleging that payments it made to two generic drug manufacturers in order to delay the introduction of generic forms of one of its products, violated antitrust law.

Updated: Sept. 25, 2012 (Initial publication: March 22, 2010)

Sectorial Analysis

II-6.7 : The Ordinance of 21 January 2010 merges the regulatory authorities for the banking and insurance sectors.

Main information

Ordinance n° 2010-76 of 21 January 2010 establishes a new independent administrative authority designated as the Autorité de contrôle prudentiel (Prudential Control Authority), resulting from the merger of the approval and monitoring authorities of the banking and insurance sectors.

Updated: Sept. 25, 2012 (Initial publication: Feb. 11, 2010)

Sectorial Analysis

II-6.3 : The Autorité des Marchés Financiers (French Financial Market Authoritiy) approves the code of deontology for asset management, April 28th and December 15th 2009

Main information

The Autorité des Marchés Financiers (AMF – French Financial Markets Authority) approves the "Provisions" section of the Code of Good Practice published by the Association française de la gestion financière (AFG—French Asset Management Association).

Updated: June 8, 2010 (Initial publication: April 12, 2010)

Translated Summaries

Rapport Sectoriel (Assurances): Arrêté du 5 mars 2010 portant nomination du vice-président de l’Autorité de contrôle prudentiel ; Arrêté du 5 mars 2010 portant nomination à l’Autorité de contrôle prudentiel ; Arrêté du 8 mars 2010 portant nomination du secrétaire général de l’Autorité de contrôle prudentiel

Updated: June 2, 2010 (Initial publication: May 7, 2010)

Translated Summaries

Fiche bibliographique (Assurance, Banque, Finance): Discours prononcé par le Gouverneur Christian Noyer, président de l’Autorité de Contrôle Prudentiel, le 30 avril 2010 à l’occasion de la signature de la convention créant le pôle commun l’Autorité des marchés financiers (AMF) et l’Autorité de Contrôle Prudentiel (ACP)

Updated: May 6, 2010 (Initial publication: April 7, 2010)

Sectorial Analysis

II-6.11: The Ministerial Order of 19 January 2010 modifies the Banque de France’s Comité de la réglementation bancaire et financier's (Banking and Financial Regulatory Committee) Regulation n° 97-02 of 21 February 1997 relating to the internal control of banks and investment firms.

Main information

The Ministerial Order of 19 January 2010 introduces a new approach to risk management within banks and investment firms : a transversal approach to risk, that is expressed through the creation of ‘risk departments’ (filière risques) within banks.

Updated: April 24, 2010 (Initial publication: April 14, 2010)

Contributions

Event: Madame Christine Lagarde, Finance Minister presents the goals of the "Autorité de contrôle prudentiel - ACP" (French Prudential Control Authority)

Updated: May 6, 2010 (Initial publication: Feb. 25, 2010)

Sectorial Analysis

II-6.6 : The Basel Committee on Banking Supervision: International Framework for Liquidity Risk Measurement, Standards and Monitoring - Consultative Document (issued for comment as of 16 April 2010), dated December 2009.

Main information

The Basel Committee on Banking Supervision approved a package of new proposals to strengthen global capital and liquidity regulations for consultation, as part of its comprehensive response to the international financial crisis.

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