EU to Write Blueprint for Protecting Water; Will Address Resource Efficiency, Biodiversity in 2012
January 5, 2012 in International Environment Reporter
The European Union in 2012 will consider proposals to revise its water legislation to better cope with increasing demand and growing pollution and climate change challenges through 2020…
WTO Ministerial Ends With Whimper As Discussions Over Doha Round Stall
January 5, 2012 in WTO Reporter
Members of the World Trade Organization wrapped up a three-day ministerial conference Dec. 17 with a whimper as divisions on how to advance the stalled Doha Round of trade talks continued to mark the discussions…
2011 in Review: Much Ado About Cookies, No End to Breaches, U.S. FTC Firsts, and More
January 5, 2012 in Privacy & Security Law Report
The following is a roundup of selected top privacy and data security developments reported on by BNA’s Privacy & Security Law Report in 2011…
ANALYSIS: Lithuania’s New Personal Data Breach Notification Requirements
January 5, 2012 in World Data Protection Report
On June 28, 2011, the Seimas (Parliament) of the Republic of Lithuania adopted amendments to the Law on Electronic Communications….
Canada’s Supreme Court Finds Against Proposed National Securities Law, Regulator
January 5, 2012 in World Securities Law Report
The Supreme Court of Canada December 22, 2011, rendered a unanimous decision that the proposed Securities Act (the Proposed Act) is not constitutional. In doing so, the Court defeated the federal government’s initiative to establish a single national securities regulator….
European Union Agrees on 2014 for Single EU Payment Area to Eliminate Bank Debit Fees
January 5, 2012 in BNA's Banking Report
Frustrated with self-regulatory efforts of the European banking and credit card industry to establish a cross-border single payment system in the European Union, the EU member states and the European Parliament agreed Dec. 20 on a Feb. 1, 2014 deadline for elimination of all fees for direct debit payments…
ANALYSIS: New U.S. Registration Requirement For Foreign Boards Of Trade
January 5, 2012 in World Securities Law Report
The U.S. CFTC recently promulgated rules requiring the registration of FBOTs that provide U.S. members and participants with direct access to the FBOTs’ electronic trading and order matching systems…
Global Groups Issue Revised Guidelines on Supervision of Financial Conglomerates
January 5, 2012 in Securities Regulation & Law Report
Three international financial regulatory bodies issued a proposed set of revised international guidelines Dec. 19 aimed at improving the supervision of financial conglomerates active in banking, insurance, and/or securities trading…
U.K. Banking Reform Proposal Includes ‘Ringfencing’ Retail Banks, Higher Equity Requirements
January 5, 2012 in Securities Regulation & Law Report
In what he described as the “most far-reaching reform of British banking in our modern history,” U.K. Chancellor of the Exchequer George Osborne Dec. 19 unveiled apackage of proposals that include the “ring-fencing” of retail banks from wholesale and investment banking activities…