Category Archives: Banking and Finance law

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

Appeals Court Ruling in Case Involving Inadequate Disclosure by RIA May Have Significant Impact on Future SEC Enforcement Proceedings

A recent decision handed down by the DC Circuit Court of Appeals in a case involving SEC action against an adviser for failure to disclose material conflicts of interest provides potentially significant precedent for SEC enforcement proceedings going forward. See … Continue reading

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No news is good news? The SEC may be undermining innovation in FinTech

On May 9, 2019, SEC Commissioner Hester Peirce delivered a speech at the Securities Enforcement Forum in East Palo Alto, California, discussing the SEC’s impact on the FinTech space and growth of the digital asset industry. Commissioner Peirce admitted her … Continue reading

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Suspensive condition of tender not met – no valid contract

A builder submitted a tender to the Development Bank of Southern Africa (DBSA) for construction of a school. The tender was ‘conditionally accepted’ and further documents had to be submitted by a deadline date after which the construction contract would … Continue reading

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ESMA keynote address at Swedish Fund Association’s Annual Conference

On 13 May 2019, the European Securities and Markets Authority (ESMA) published the keynote speech that Evert van Walsum (Head of Investors and Issuers Department, ESMA) gave at the Swedish Fund Association’s Annual Conference. In his speech Mr van Walsum … Continue reading

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New FinCEN Guidance on Virtual Currency

On May 9, 2019, FinCEN, the U.S. federal agency charged with combating money laundering, issued two new interpretive documents of interest to the crypto community. The first is interpretive guidance titled “Application of FinCEN’s Regulations to Certain Business Models Involving … Continue reading

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