Weil’s David Elphinstone has written an interesting article exploring a resolution passed last month by the European Parliament adopting, with amendments, the European Commission’s proposal for a regulation relating to short selling and certain aspects of credit default swaps.

Download the full-text PDF.

Weil’s Marcia L. Goldstein, Heath P. Tarbert, and Kathlene M. Burke authored a column for The New York Law Journal discussing the recently finalized implementing rule in connection with resolution plans, or “living wills,” concluding that the regulations still leave a substantial degree of uncertainty as to what exactly it will take to ensure a plan is “credible.”

Access Full-Text Article from The New York Law Journal (may require subscription)

The October 25, 2011 webinar titled “The Volcker Rule’s Impact on Private Funds: Recent Rulemakings and Market Trends” is now available on demand.

The program featured Weil’s Harvey Eisenberg, Derrick Cephas, and Heath Tarbert and addressed recent and forthcoming rules pursuant to the Dodd-Frank Act’s Volcker Rule (Section 619) whereby large, systemically important banks will have to divest certain fund operations.

The Financial Stability Board (FSB) has identified the institutions that it will designate as Globally Systemically Important Financial Institutions (G-SIFIs). The announcement was made today around the G-20’s Cannes Summit. In a related communication, the FSB stated: [click to continue…]

Systemic Risk: The Age of SIFIs and GSIBs

The Clearing House’s First Annual Business Meeting & Conference

November 9-10, 2011, New York Palace Hotel, New York, NY | Register Now

Weil’s Heath Tarbert is scheduled to appear as a panelist at The Clearing House’s First Annual Business Meeting & Conference, to be held on November 9-10 at the New York Palace Hotel in New York, NY. The conference will examine the commercial banking regulatory and payments landscape in the post-Dodd-Frank era, as well as other related legal and tax issues. Mr. Tarbert’s panel will discuss current Dodd-Frank rulemakings pertaining to the Orderly Liquidation Authority, Title II, Early Remediation, and resolution planning, or “living wills.”