In accordance the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010, the Securities and Exchange Commission has amended its rules to exclude the value of a person’s home from net worth calculations used to determine whether an individual may be classified as an “acc

The European Banking Authority has released for comment draft technical standards for the implementation of supervisory reporting requirements.

The Joint Forum has released for consultation principles which provide national authorities, standard setters and supervisors with a set of internationally agreed principles that support consistent and effective supervision of financial conglomerates.

The Financial Services Authority and the UK Treasury have jointly published a consultation paper which follows the adoption of an Amending Directive on 24 November 2010, which revised both the Prospectus Directive and the Transparency Directive.