BIS meaning

In this issue: Sustainable finance and ESG weekly round-up Moveable Transactions (Scotland) Act 2023 Football Governance Bill LIBOR and benchmarks Sustainable finance Debt capital markets Derivatives Regulation for derivatives lawyers Technology in banking & finance transactions Structured products and securitisation Regulation for banking lawyers Banking & Finance Highlights 2024/2025 Daily and weekly news alerts New and updated content Useful information Sustainable finance and ESG weekly round-up For this week’s coverage of Sustainable finance and ESG developments, please see: Sustainable finance and ESG weekly round–up—19 December 2024. Moveable Transactions (Scotland) Act 2023 Moveable Transactions (Scotland) Act 2023 (Commencement) Regulations 2024 SSI 2024/378: From 1 April 2025, the outstanding provisions of the Moveable Transactions (Scotland) Act 2023 (the Act) will come into effect. See: LNB News 17/12/2024 9. Moveable Transactions (Forms) (Scotland) Regulations 2024 SSI 2024/379: These prescribe the forms to be used for the purposes set out...

In this issue: UK, EU and international regulators and bodies Acountability, culture and social governance Authorisation, approval and supervision Prudential requirements Financial crime and sanctions Investigations, enforcement and discipline Dispute resolution for financial services lawyers Banks and mutuals EU MiFID II Consumer credit, mortgage and home finance Regulation of insurance FSMA regulated pensions activity Payment services and systems Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary UK, EU and international regulators and bodies Regulation to prioritise UK growth over risk-aversion in 2025 Law360, London: Financial watchdogs have vowed, firmly in line with new government objectives, to elevate economic growth above risk-aversion in 2025 — a recalibration that might cut across the recent stress on safeguarding consumers. See: Regulation to prioritise UK growth over risk-aversion in 2025. Acountability, culture and social governance UK...

In this issue: UK, EU and international regulators and bodies Authorisation, approval and supervision Operational resilience Financial crime and sanctions Consumer protection Complaints, compensation and claims management Investigations, enforcement and discipline Regulation of capital markets Packaged Retail and Insurance-based Investment Products (PRIIPs) Dispute resolution for financial services lawyers Regulation of derivatives Sustainable finance and ESG Investment funds and asset management UK MiFID II EU MiFID II Payment services and systems Fintech and cryptoassets Regulation of AI in FS LexTalk®Financial Services: a Lexis®Nexis community Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary Latest Q&As No Weekly Highlights on 24 April 2025 UK, EU and international regulators and bodies FCA announces first international presence in US and Asia-Pacific regions The Financial Conduct Authority (FCA) has unveiled its...

Practice Note: Family proceedings with EU connections—toolkit At 11pm on 31 December 2020, the transition/implementation phase of Brexit came to a close following the UK’s exit from the EU; UK legislation terms this moment ‘IP completion day’. For hands‑on guidance on Brexit’s effects, consult this toolkit for practical assistance. The court carries an autonomous role and duty and remit to properly examine and decide whether it holds jurisdiction. This Practice Note explains the compulsory obligation on an EU Member State to stay proceedings when another Member State has already been seised of jurisdiction. The regime applies where the proceedings fall under Council Regulation (EC) No 2201/2003 (Brussels II bis, also known as Brussels IIA). As set out below, these obligations persist in this jurisdiction only where there are parallel proceedings started in the UK or an EU Member State on or before 31 December 2020, or where one set commenced on or before that date in the UK or an EU Member State and additional proceedings were begun on...

The work and foundations of BIS The Bank for International Settlements (BIS) supports central banks worldwide on matters of monetary and financial stability. Its headquarters are in Basel, Switzerland, with two representative offices in Hong Kong and Mexico City. Founded on 17 May 1930, it is the world’s oldest international financial organisation and regards itself as the principal centre for international central bank co-operation. It began with the settlement and administration of repatriation payments after the First World War, though that function soon waned. The BIS has since been particularly pivotal during episodes affecting financial stability, including the oil shock and international debt crises. It is now widely recognised for its role in the regulation of internationally active banks and for establishing global standards for regulatory capital, known as the Basel Capital Accord. Article 3 of its Statutes sets out clearly its purposes: to advance the co-operation of central banks to provide additional facilities for international financial operations and to act as...

Practice Note This Practice Note addresses questions of jurisdiction, applicable law, transfers between contracting states, and parental responsibility under the Convention of 19 October 1996 on Jurisdiction, Applicable Law, Recognition, Enforcement and Co-operation in Respect of Parental Responsibility and Measures for the Protection of Children (the 1996 Hague Convention), which took effect in the UK on 1 November 2012. The Hague Conference on Private International Law (HCCH) has issued a Practical Handbook on the Operation of the 1996 Child Protection Convention, together with an Explanatory Report on the 1996 Hague Convention (the Lagarde Report). The courts have held that both the Practical Handbook and the Explanatory Report are proper sources to consult when interpreting, where necessary, the meaning and scope of the 1996 Hague Convention. From 31 January 2020 (exit day), the UK was no longer an EU Member State and ceased participation in the EU’s political institutions and governance structures. Nonetheless, pursuant to the transitional provisions in Part 4 of the Withdrawal Agreement, exit day triggered an 11-month...

In England and Wales, the courts possess jurisdiction over divorce and judicial separation proceedings pursuant to Council Regulation EC 2201/2003 (often referred to as Brussels II bis)...

Form D180 (PDF Format) can be utilised in relation to the registration of orders under Article 39 of Council Regulation (EC) No 2201/2003 of 27 November 2003 concerning decisions in matrimonial matters (Brussels II bis)...