Monthly Archives: July 2012

European Regulations Taking Shape for Alternative Investment Funds

Europe’s Alternative Investment Fund Managers Directive (AIFMD), scheduled to be implemented by each member state no later than July 2013, will radically change the way funds are regulated in Europe. From law firm Harneys Westwood & Riegels: “ [The Directive] will overhaul the pan-European regulatory regime applicable to the managers of hedge funds, real estate… Read more »

European Banking & Finance News: A JD Supra Legal Reader

Barclays, ESMA standards, an amended Prospectus Directive, AIFMSD, FSA activities, and more… For your convenience, here’s a roundup of recent advisories on developments in the European banking and finance industry: Barclays / LIBOR FSA Fines Barclays £59.5 Million for Manipulation of LIBOR (Orrick, Herrington & Sutcliffe LLP): “On 27 June 2012, the FSA published the… Read more »

Doing Business in Italy: A JD Supra Legal Reader

From lawyers and law firms on JD Supra, recent advisories on a range of legal considerations: High Noon: The Italians try to play solo the Health Claims game (K&L Gates LLP): “On November 27, 2009, the Italian Government notified a draft regulation on the use of substances other than vitamins and minerals in food supplements… Read more »

Health Insurance Exchanges after the Obamacare Ruling

Last week’s U.S. Supreme Court ruling on the constitutionality of the Patient Protection and Affordable Care Act means that states will need to act quickly to develop health insurance exchanges as mandated by the law. From law firm McKenna Long: “With the ACA emerging relatively unscathed in the Supreme Court’s ruling, exchange planners have a… Read more »

What the Health Care Ruling Means for the Insurance Industry – Obamacare Analysis

Last week’s U.S. Supreme Court ruling on the Patient Protection and Affordable Care Act provided insurance companies with a greater degree of certainty regarding health care reform than they have had since the act was first signed into law. Although legislative and legal challenges to the reforms continue (see updates by Patton Boggs and Littler),… Read more »