Overview

The weekly financial services update from Macfarlanes includes details on:

• the former Merrill Lynch broker fined by the FSA for market abuse;


• the agreement reached on European Market Infrastructure Regulation;


• ESMA's consultation on Delegated Acts concerning the regulation on short selling and credit default swaps;


• new FSA guidance on the Retail Distribution Review;


• FATCA's inter-governmental approach to improving international tax compliance;


• the terms of reference for the independent simple financial products steering group; and


• the European Parliament's study on the potential of venture capital.

To read the full details on these developments, click 'View Briefing'.