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                  • November 12, 2019

                    Trade Associations Urge European Commission to Extend Temporary Equivalence of UK CCPs

                    A group of fourteen trade associations urged the European Commission to grant an extension for the temporary equivalence for UK central counterparties until certain regulatory implementations have been made under EMIR 2.2 and until the European Securities and Markets Authority.
                  • October 07, 2019

                    Cross-Border Agreement Allows U.S. and UK Law Enforcement Expedited Access to Tech Company Data

                    U.S. Attorney General William P. Barr and UK Home Secretary Priti Patel entered into a cross-border agreement that "will dramatically speed up investigations by removing legal barriers to timely and effective collection of electronic evidence."
                    joseph.moreno@cwt.com's picture
                    Commentary by Joseph Moreno
                  • August 15, 2019

                    CFTC Staff Permits Financial Institution Subsidiary to Act as Swaps Reporting Counterparty

                    The CFTC Division of Market Oversight granted time-limited relief to the Irish bank subsidiary of a UK-based financial institution to act as reporting counterparty for certain swaps with U.S. persons.
                    nihal.patel@cwt.com's picture
                    Commentary by Nihal Patel
                  • August 12, 2019

                    UK Information Commissioner's Office to Fine Entities for GDPR Violations

                    The UK Information Commissioner's Office will impose fines for violations of data security rules under the European Union's General Data Protection Regulation.
                    assia.damianova@cwt.com's picture
                    Commentary by Assia Damianova
                  • July 19, 2019

                    G7 Regulators Agree on General Concepts as to Competition in the Digital Economy

                    The G7 competition authorities presented a paper reflecting a common understanding on "how competition plays out in the digital economy."
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • June 28, 2019

                    U.S. House Ag Subcommittee Considers Brexit and Other Cross-Border Derivatives Matters

                    The U.S. House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit considered testimony on international developments that could affect the U.S. derivatives markets.
                    nihal.patel@cwt.com's picture
                    Commentary by Nihal Patel
                  • June 04, 2019

                    CFTC Chair J. Christopher Giancarlo Calls on UK and EU to Reach Financial Services Deal

                    CFTC Chair J. Christopher Giancarlo called for the UK and EU to reach a mutually beneficial financial services arrangement before Brexit.
                  • May 23, 2019

                    OFAC Sanctions Argentina-Based Online Pharmacy for Trafficking Narcotics

                    OFAC sanctioned an Argentina-based network of illegal online pharmacies as a "significant foreign narcotics trafficker" under the Foreign Narcotics Kingpin Designation Act.
                  • April 24, 2019

                    OFAC Targets Hizballah Financing Conduits

                    OFAC designated two individuals and three entities for "acting as conduits for sanctions evasion schemes" for Hizballah finances.
                  • April 09, 2019

                    UK Financial Institution Settles OFAC Charges

                    A UK financial institution agreed to settle U.S. Treasury Department Office of Foreign Assets Control charges for violating U.S. sanctions imposed on a number of countries.
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