Wpbsa rulebook

The Commodity Futures Trading Commission issued an amended order of registration to LCH.Clearnet LLC (LCH LLC), formerly the International Derivatives Clearinghouse, LLC. LCH LLC’s parent company, LCH.Clearnet Group Limited, recently acquired IDC’s sole parent, International Derivatives Clearing Group, LLC. In accordance with the amended order, LCH LLC continues to be registered as a derivatives clearing organization, subject to new terms and conditions relating to recent amendments to the Commodity Exchange Act. In addition to futures and options on futures, LCH LLC is permitted to clear interest rate and currency swaps. The CFTC also approved LCH LLC’s revised rulebook. The amended order of registration is available here. … [Read more...] about Commodity Futures Trading Commission “CFTC” Amends Order of Registration and Approves Rulebook for LCH.Clearnet LLC

Rulebook sets out criteria for admission to the high-growth segment, which has been designed to meet the needs of fast-growing European companies.On 13 February, the London Stock Exchange (LSE) published a draft rulebook[1] (the Rulebook) as part of its consultation process on a new route to the UK IPO market for high-growth companies, such as Internet and technology companies. This new high-growth segment was first announced in October 2012 through a set of proposals developed jointly by the UK government and the LSE. The purpose of the new segment, which will be a segment of the LSE's Main Market, is to act as a starting point for companies that will, in time, seek a premium listing on the Main Market. The LSE intends to launch the new segment in March of this year. The criteria for admission will allow admission to the new high-growth segment for companies that would not qualify for admission to the premium listing segment of the Main Market, while also allowing companies to become … [Read more...] about London Stock Exchange Publishes Draft Rulebook for New Fast-Growth Segment

Fast-growing European companies can now apply for admission to trading on the new segment of the LSE's Main Market.On 27 March, the London Stock Exchange (LSE) published the final version of the rulebook[1] for the high-growth segment of its Main Market (Rulebook). The LSE has also confirmed that companies, and potential key advisers on their behalf, may now apply for admission to trading on the new segment.[2]The main changes to the draft version of the Rulebook—introduced as a result of the feedback received from a range of stakeholders—include the following:Rule 2.3: The formula used to demonstrate compound annual growth in revenue of at least 20% over the prior three financial years has been clarified. A four-year range of financial data is required to calculate the growth in revenues. The definition of "Compound Annual Growth Rate" has also been amended to provide further clarity.Section B5: Rules on reverse takeovers have been revised to require issuers to seek … [Read more...] about Update: London Stock Exchange Publishes Final Rulebook for High-Growth Segment

On August 17, the UK Financial Conduct Authority (FCA) announced on the front page of its online rulebook, which currently also includes the rules of the Prudential Regulation Authority (PRA) and guidance from both Authorities, that new and separate FCA Handbook and PRA Rulebook websites will be launching on August 29. Any persons attempting to visit the current online rulebook after August 29 will be redirected to the new websites of the FCA Handbook and PRA Rulebook.Both the FCA and the PRA were formed on April 1, 2013 from divisions of the UK Financial Services Authority (FSA), which was perceived by the UK government to have failed to adequately supervise UK banks during the financial crisis of 2007–2008. Consequently, the UK government elected to restructure financial regulation in the United Kingdom and abolished the FSA, splitting its responsibilities between the PRA and the FCA. The two new websites with separate sets of rules represents the final separation of the … [Read more...] about UK: New FCA Handbook and PRA Rulebook Websites to Launch Next Week

BITS-Pilani K.K. Birla Goa Campus in association with the NUJS, Kolkata is pleased to invite your esteemed institution to participate in the 5th edition of Lex Omnia which has been increasingly making its way into the topmost Moot Court competitions.Lex Omnia started in the year 2013 as a humble competition seeing reasonable participation. Over the years the participation has grown to more than 50 teams from across the country and we hope to see it increase further. Dates:The Competition is scheduled to be held from 27th – 29th October, 2017 Guidelines: The teams are required to send memorials 20 days before the oral rounds start which are then evaluated to shortlist 36 qualifying teams. The competition is rigorous as the qualifying teams of equal calibre compete against each other in multiple oral rounds. Spread over 3 days, the oral rounds comprise eliminations on the first day out of which 8 teams make it through to the quarter finals. Both the quarter and semi-finals are … [Read more...] about BITS-Pilani K.K. Birla Goa 5th Edition Lex Omnia Moot Court Competition