Category Archives: Banking and Finance law

Banking and Finance Law news articles, reiews, notes and blog examples.

NGFS’ first comprehensive report on climate change as a source of financial risk

On 17 April 2019, the Network for Greening the Financial System (NGFS) published its first comprehensive report, A call for action: climate change as a source of financial risk. The NGFS, launched at the Paris One Planet Summit on 12 … Continue reading

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AFM takes national measures to prohibit binary options and to restrict the marketing or sales of CFDs

Further to our earlier blog post, the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) has taken national measures mirroring ESMA’s product intervention measures. These measures – included in two separate Decrees, one dealing with binary options … Continue reading

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CFTC’s EEMAC focuses on major developments in shale oil and liquid natural gas markets

By Brad Rosen, J.D. The first Energy and Environmental Markets Advisory Committee (EEMAC) meeting under the sponsorship of Commissioner Dan Berkovitz featured insightful and spirit discussions across a content filled agenda. Some of the topics of exploration included dramatic recent … Continue reading

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Default Judgment in Credit Card Debt Suit Reversed: Gattenby v. TIB (Tex.App. 2019)

Dallas Court of Appeals reverses default judgment for bank where attorney for credit card defendant filed Craddock motion to have default judgment set aside because bank's collection claim was based on credit card statements issued by a different bank, with … Continue reading

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Silicon Valley Company Settles Fraud Charge for Misstating Returns to Investors

The Securities and Exchange Commission today announced that Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and other investors.San Francisco-based Prosper is a marketplace lender that, through its website, … Continue reading

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