Butterworths Securities and Financial Services Law Handbook 2016
Published: June 2016
Publisher: LexisNexis Butterworths
Country of Publication: UK
Format: Paperback, 2 Volumes
Presented across two volumes, this annual handbook brings together the primary, secondary and European legislation which forms the regulatory framework for the financial services industry.
It contains a fully updated version of FSMA 2000 together with the statutory instruments made under it, and also covers other areas including proceeds of crime, money laundering and banking.
All lawyers, compliance officers and regulators working in the financial services field will find that Butterworths Securities and Financial Services Law Handbook provides the most complete, up-to-date and indispensable reference source for the financial services industry.
The 17th edition takes into account all amendments, repeals and revocations at the beginning of each Act, statutory instrument and European Directive and Regulation, including:-
- Financial Services and Markets Act 2000 (Relevant Authorised Persons) Order 2015 SI 2015/1865 – various Statutory Instruments made under FSMA 2000 April 2015
- Commission Delegated Regulation 2015/585/EU supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the specification of margin periods of risk - more Regulations implementing the CRD IV Regulation
- 2015/760/EU Regulation of the European Parliament and of the Council on European long-term investment funds - an important change as it creates ELTIFs which are a completely new type of fund
- 2015/847/EU Regulation of the European Parliament and of the Council on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006 - this repeals the Funds Transfer Regulation from 2017 and is part of the new anti-money laundering package
- 2015/849/EU Directive of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC - another important change - this is the new 4th Money Laundering Directive - it repeals the 3rd MLD
- Commission Delegated Regulation (EU) 2015/2205 of 6 August 2015 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation - this is one of the major implementing Regulations for EMIR (the European Market Infrastructure Regulation)