Law and Finance

Persons with Significant Control: PSCs

20 Jan 2020

From 30th June 2016 the ‘People with Significant Control’ Companies House register went live. This means that certain United Kingdom (UK) companies, Limited Liability Partnerships (LLPs), Societas Europaea (SE), and Eligible Scottish Partnerships (ESPs) are required to record certain details of their beneficial ownership. The idea is simple, by ma...

OTC Derivatives and Central Counterparty Clearing

CCP Clearing: Options Clearing Corporation USD 20 Million Fine - A Critique by Storm-7 Consulting

29 Oct 2019

1.1 Introduction This blog will provide an analysis of the $20 million fine imposed on The Options Clearing Corporation, and a critique of the Orders imposed by the United States Securities and Exchange Commission and the United States Commodity Futures Trading Commission. The first part will cover the Order made by the Commodity Futures Tr...

The future of Payments in Europe

PSD2: Regulation, Strategy, and Innovation

27 Oct 2019

Strong Customer Authentication Across the European Union (EU) the original revised Payment Services Directive (PSD2) Strong Customer Authentication (SCA) final implementation date of 14th September 2019 has now been delayed by the European Banking Authority (EBA). It was previously noted that those in breach of the SCA law would have to provide a f...

1