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The FMLC considers a very wide range of legal issues arising in the context of the wholesale financial markets. For convenience, numbers are assigned to these issues, Only occasionally does the Committee's consideration of these issues result in the publication of any paper
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FMLC Papers
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Please choose either FMLC papers or FLP papers from the tabs below.
FMLC Papers
FLP Papers
01 May 2013
Issue 98: Insurance Contract Law Reform - The Business Insured's Duty of Disclosure and the Law of Warranties
Issue 98
Insurance Contract Law Reform
18 Mar 2013
The implementation of the Alternative Investment Fund Managers Directive: discussion of legal uncertainties arising from the FSA’s proposals for the transitional period and depositaries
Issue 145
AIFM Directive
14 Mar 2013
Non-bank Resolution: Response to HM Treasury consultation entitled Amendments to the recognition requirements for investment exchanges and clearing houses
Issue 176
Non-bank Resolution
19 Feb 2013
Response to the FSA Consultation Paper entitled "Client assets regime: EMIR, multiple pools and the wider review" (CP12/22) Report
Issue 147
Client Monies
18 Feb 2013
Recovery and Resolution - Discussion of certain legal uncertainties arising from the proposal for a Recovery and Resolution Directive - Report
Issue 149
Cross-Border Bank Resolutions
13 Feb 2013
Letter to Nathalie Berger, European Commission - FMLC welcomes the Commission taking it's comments into consideration in the Regulation on Credit Rating Agencies
Issue 69
Regulation of Credit Rating Agencies
05 Feb 2013
Banking Reform (Ring-Fencing)
Issue 175
Banking Reform (Ring-Fencing)
01 Feb 2013
Appointment of Administrators by Companies and Directors
Issue 173
Out-of-Court Appointment of Administrators
01 Dec 2012
Benchmark Transition Report - December 2012
Benchmark Transition - Observations on proposals for benchmark reform
01 Dec 2012
Analysis of uncertainty regarding the meaning of "possession or ... control" and "excess financial collateral" under the Financial Collateral Arrangements (No 2) Regulations 2003
Issue 1
Collateral Directive
20 Nov 2012
Letter to Sharon Bowles - Issue 169: Regulation of Credit Rating Agencies
Issue 169
Regulation of Credit Rating Agencies
16 Nov 2012
Letter to Verena Ross - Issue 170: The Short Selling Regulation: ESMA's consultation paper of 17 September 2012
Issue 170
Regulation of Short Selling
08 Nov 2012
Letter to Jonathan Faull re: Bail-in - Consultation on the recommendations of the High-level Expert Group on reforming the structure of the EU banking sector
Issue 167
Bail-in
07 Nov 2012
Letter to Jonathan Faull re: The Securitisation Risk Retention Rules
Issue 168
Securitisation Risk Retention Rules
07 Nov 2012
Letter to Andrea Enria re: The Securitisation Risk Retention Rules
Issue 168
Securitisation Risk Retention Rules
05 Nov 2012
Consultation on the implementation of EMIR - Segregation and Porting
Issue 174
Porting under EMIR: Part VII and the SFR's
01 Nov 2012
Letter to Jonathan Faull re: Regulation of Credit Rating Agencies
Issue 169
Regulation of Credit Rating Agencies
19 Sep 2012
Cover letter to Françoise Le Bail (Director General, DG Justice) enclosing FMLC paper: Discussion of certain legal uncertainties arising from the European Insolvency Regulation
Issue 30
European Insolvency Regulation
19 Sep 2012
Discussion of certain legal uncertainties arising from the European Insolvency Regulation
Issue 30
European Insolvency Regulation
25 Jun 2012
Consultation by the Scottish Government regarding the bringing into force of Part 2 of the Bankruptcy and Diligence etc (Scotland) Act 2007 in light of the options presented in the report of the Technical Working Group on the Register of Floating Charges
Issue 151
Part 2 of the Bankruptcy and Diligence ("BAD") Scotland Act
06 Jun 2012
Implementation of the Alternative Investment Fund Managers Directive (the "AIFM Directive"): the meaning of "undertaking" in Article 4.1(a) of the AIFM Directive and the identification of "letter-box" entities
Issue 145
AIFM Directive
25 May 2012
European Commission's Review of the Markets in Financial Instruments Directive
Issue 163
MiFID II and MiFIR Proposals
07 May 2012
Further discussion of legal uncertainty which could arise from bail-in: an addendum to the FMLC paper entitled Oberservations on legal uncertainties which may arise from the the introduction of bail-in powers (May 2012)
Issue 167
Bail-In
01 May 2012
Letter to Jonathan Faull (Director-General of DG Markt) from the FMLC Director regarding the discussion paper on bail-in.
Issue 167
Bail-In
04 Apr 2012
Letter to Investment Funds Team, FSA re implementation of the AIFMD and the definition of Collective Investment Scheme, and attached report dated July 2008 "Legal Assessment of problems associated with the definition of CIS and related terms"
Issue 145
AIFM Directive
30 Mar 2012
Letter to Ugo Bassi, European Commission enclosing paper entitled "Analysis of legal uncertainties arising from Article 6 of the proposal for a Regulation on insider dealing and market manipulation"
Issue 154
Market Abuse Legislative Review
30 Mar 2012
Report entitled "Analysis of legal uncertainties arising from Article 6 of the proposal for a Regulation on insider dealing and market manipulation"
Issue 154
Market Abuse Legislative Review
17 Mar 2012
Letter to ICB Implementation Team at HM Treasury re the FMLC paper entitled "Observations on legal uncertainties which may arise from the introduction of bail-in powers"
Issue 167
Bail-in
12 Mar 2012
Letter to the Economist and Policy Advisor, HM Treasury regarding the Regulation of the European Parliament and of the Council amending Regulation (EC) No 1060/2009 ("CRA III") and legal uncertainty in liability provisions contained in Article 35a
Issue 169
Regulation of Credit Rating Agencies
12 Mar 2012
Letter to the Head of Unit, DG Intl Markt, European Commission regarding the Regulation of the European Parliament and of the Council amending Regulation (EC) No 1060/2009 ("CRA III") and legal uncertainty in liability provisions contained in Article 35a
Issue 169
Regulation of Credit Rating Agencies
12 Mar 2012
Letter to Treasury Committee, House of Commons enclosing ltr to the Chairman Regulation of the European Parliament and of the Council amending Regulation (EC) No1060/2009 ("CRA III") and legal uncertainty in liability provisions contained in Article 35a
Issue 169
Regulation of Credit Rating Agencies
01 Mar 2012
Report entitled "Observations on legal uncertainties which may arise from the introduction of bail-in powers"
Issue 167
Bail-in
12 Jan 2012
Letter to DG Environment, European Commission re Commission Regulation establishing a Union Registry in connection with the Union emissions trading scheme
Issue 116
Emissions Allowances
06 Jan 2012
Letter to Director of Policy, The Insolvency Service in response to the Addendum and amendmenrt to the cut-off date under Rule 2.85 of Insolvency Rules 1986
Issue 108
Administration - Set-Off and Expenses
05 Jan 2012
Letter to DG Internal Market and Services, European Commission re Commission Regulation establishing a Union Registry in connection with the Union emissions trading scheme
Issue 116
Emissions Allowances
05 Jan 2012
Letter to Director-General of DG Internal Market and Services & DG Climate Action re Commission Regulation establishing a Union Registry in connection with the Union emissions trading scheme
Issue 116
Emissions Allowances
22 Nov 2011
A New Approach to Financial Regulation Report - November 2011
Issue 157
FSA Reform
22 Nov 2011
Letter to Executive Director, European Securities and Markets Authority (ESMA) re ESMA's draft technical advice to the European Commission on possible implementing measures of the Alternative Investment Fund Managers Directive (November 2011)
Issue 145
AIFM Directive
22 Nov 2011
Letter to H M Treasury, Financial Regulation Strategy re A New Aproach to Financial Regulation - November 2011
Issue 157
FSA Reform
22 Nov 2011
Letter to H M Treasury, Financial Regulation Strategy (November 2011) commenting on the changes in the draft FSB contained in HMT's consultation paper
Issue 86
"Operating" a Collective Investment Scheme
22 Nov 2011
Letter to Committee Assistant, Joint Committee, House of Lords re A New Approach to Financial Regulation
Issue 157
FSA Reform - November 2011
01 Nov 2011
Analysis of legal uncertainty in the Financial Services Authority's Client Assets Sourcebook and arising from judicial decisions relating to the administration of Lehman Brothers International (Europe) - Report - October 2011
Issue 147
Client Money Rules
05 Oct 2011
The European Market Infrastructure Regulation - Report - October 2011
Issue 156
OTC Derivatives
04 Oct 2011
Proposed EU Regulation creating a European Account Preservation Order Letter to the International Directorate, Ministry of Justice - September 2011
Issue 129
European Freezing Order
12 Sep 2011
Appendix to Letter to HMT (12/9/11) - a non-exhaustive list of issues of legal uncertainty arising from HMT's consultation entitled 'A New Approach to Financial Regulation: the Blueprint for Reform (June 2011)' - September 2011
Issue 157
FSA Reform
12 Sep 2011
Letter to Committee Assistant, House of Lords - Call for written evidence - Draft Financial Services Bill (July 2011) - September 2011
Issue 157
FSA Reform
12 Sep 2011
Letter to Financial Regulation Strategy, HM Treasury re Consultation - A New Approach to Financial Regulation: the Blueprint for Reform (June 2011) (enclosing Appendix - see separate document) - September 2011
Issue 157
FSA Reform
12 Sep 2011
Letter to the Financial Stability Board Secretariat, BIS re Consultative Document on Effective Resolution of Systemically Important Financial Institutions - September 2011
Issue 167
Bail-In
13 Jun 2011
Letter to DG Justice, European Commission re Feasibility Study by the European Commission's Expert Group on European Contract Law
Issue 97
European Contract Law
07 Apr 2011
Letter to Mr Beardsworth, HM Treasury with further response and comment on HMT's consultation on the implementation of Directive 2009/44/EC on settlement finality and financial collateral arrangements
Issue 1
Collateral Directive
03 Apr 2011
Letter to Mr Knight, Ministry of Justice following their email seeking comments on the EC's proposed draft regulation on freezing of bank accounts in the EU
Issue 129
European Freezing Order
01 Mar 2011
Addendum - The "Cut-off Date Amendment": a route to solve legal and practical uncertainties identified in the FMLC 108 paper
Issue 108
Administration - Set-Off and Expenses
02 Feb 2011
Letter to DG Markt, European Commission responding to the public consultation: Review of the Markets in Financial Instruments Directive
Issue 163
MIFID Review
21 Jan 2011
Letter to DG Markt, European Commission response to consultation paper "Legislation on Legal Certainty for Securities Holding and Disposition
Issue 136
Intermediated securities - conflict between LCG and UNIDROIT
01 Jan 2011
Response to the European Commission's Green Paper on policy options for progress towards a European Contract Law for cosumers and businesses - Report
Issue 97
European Contract Law
08 Dec 2010
Letter to the European Commission in response to the Public Consultation on the Review of the Markets in Financial Instruments Directive
Issue 163
MiFID Review
01 Dec 2010
A new approach to financial regulation - Report
Issue 157
FSA Reform
01 Dec 2010
Gray v G-T-P Group Ltd - Report
Issue 87
Control
09 Nov 2010
Letter to Stephen Leinster, The Insolvency Service for clarification of position prior to Rule 2.95 notice
Issue 108
Administration - Set-Off and Expenses
03 Nov 2010
Letter to Securities & Markets Team, HM Treasury in response to the consultation on the implementation of the EU Directive 2009/44/EC on settlement finality and finanical collateral arrangements
Issue 1
Collateral Directive
01 Nov 2010
Analysis of uncertainty around the insider dealing offence under the Market Abuse Directive arising from the Judgement of the ECJ in the Spector Photo Group NV v CBFA - Report
Issue 154
Market Abuse Directive ("MAD") Review
01 Nov 2010
Analysis of uncertainty around the Bribery Act 20120 - Ministry of Justice Consultation on guidance about commercial organisations preventing bribery - Report
Issue 160
Bribery Act 2010
01 Nov 2010
A European Commission Consultation on Contract Law: UK Government Call for Evidence and Views to Inform its Response - Report
Issue 97
European Contract Law
18 Oct 2010
Letter to Ms Scrope, Department for Business, Innovation and Skills with further comments on certain aspects of the "Supplemental Consultation"
Issue 80
Registration of Company Charges
01 Aug 2010
Analysis of certain core areas of the European Commission's proposals for European Financial Supervision which are capable of giving rise to significant legal uncertainty - Report
Issue 152
European Financial Supervision
25 Jun 2010
Letter to Ms Scrope, Department for Business, Innovation and Skills re charges created by companies and limited liability partnerhsips: proposals to amend the current scheme and relating to specialist registers (The "Consultation Paper")
Issue 80
Registration of Company Charges
13 Apr 2010
Letter to Ms Ford, UK Member of the European Parliament re outstanding FMLC comments on the report of 26 March 2010 by Dr Wolf Klinz, European Parliament
Issue 103
Prospectus Directive - Public Offer
01 Mar 2010
Response to the November 2009 Ministry of Justice Discussion Paper on the effectiveness of an assignment of subrogation of a claim against third parties - Report
Issue 137
Article 14 Rome 1
01 Mar 2010
Response to the December 2009 HM Treasury Consultation Document on establishing effective resolution arrangements for investment banks - Report
Issue 144
Investmenet Banking Insolvency Panel Proposals
22 Jan 2010
Letter to Mr Nava, European Commission re EC's paper entitled "An EU Framework for Cross-Broder Crisis Management in the Banking Sector"
Issue 149
Cross-Border Bank Resolutions
01 Jan 2010
Analysis of certain core areas of the Alternative Investment Fund Managers Directive which are capable of giving rise to significant legal uncertainty
Issue 145
AIFM Directive
09 Oct 2009
Letter of response from Ms Dewar, Financial Services Authority to Lord Hoffmann's letter of 2/10/09 enclosing our paper on this subject
Issue 140
Unsettled OTC Trades
05 Oct 2009
Letter of response to FMLC from Ian Garland, Department for Work and Pensions re receivers being served with a Contribution Notice under the Pensions Act 2004
Issue 104
Pensions Act: Associated and connected persons
01 Oct 2009
Legal assessment of lacunae in the legal framework of the European Emissions Trading Scheme and the case for legislative reform
Issue 116
Emission Allowances - Creating Legal Certainty
01 Oct 2009
Response to the June 2009 HM Revenue & Customs Consultation Document on a Code of Practice for Banks - Report
Issue 146
Proposed Inland Revenue Code
29 Sep 2009
Letter to Mr Roberts, HM Treasury re foreign-cubed securities lawsuits
Issue 148
Foreign-cubed litigation = Morrison v National Australia Bank
11 Sep 2009
Letter to Stephen Leinster, Insolvency Service re Consultation on Encouraging Company Rescue (June 2009)
Issue 135
EHYA Submissions on Insolvency Law Reform
01 Sep 2009
Legal proposal for nomative changes to address the risk of market instability in the event of the insolvency of an investment firm, with particular reference to the problem of unsettled OTC cash equity trades - Report
Issue 140
Unsettled OTC Trades
18 Aug 2009
Letter to Mr Leinster, Insolvency Service re issues identified in the FMLC 108 paper have materially affected market participants in dealings with Lehman Brothers International (Europe) Limited after its collapse and the needs of these to be addressed
Issue 108
Administration - Set-off and Expenses
04 Aug 2009
Letter from Lord Hoffmann to Jonathan Faull, DG, European Commission
Issue 107
Brussels 1 Regulation
04 Aug 2009
Letter of response to FMLC from Jonathan Faull re the commission's Green Paper on the review of Council Regulation (EC) No 44/2001
Issue 107
Brussels I Regulation Article 23 Cases
01 Jul 2009
Response to May 2009 HM Treasury Consultation Document on developing effective resolution arrangements for investment banks - Report
Issue 144
Investment Banking Insolvency Panel Proposals
21 Jun 2009
Letter from Lord Bach, Ministry of Justice in response to FMLC letter of 1/6/2009 and the FMLC's concerns on the Common Frame of Reference
Issue 97
European Contract Law
11 Jun 2009
HM Treasury's Financial Sanctions Notice of Revocation - Order 2009
Issue 141
Landsbanki Freezing Order 2008
01 Jun 2009
Letter to Mr Holmquist, European Commission re Legislation on Legal Certainty of Securities Holding and Dispositions (G2/PP D(2009))
Issue 136
Intermediated securities - conflict between LCG and UNIDROIT
01 Jun 2009
Letter to Lord Bach, Ministry of Justice re Common Frame of Reference
Issue 97
European Contract Law
20 May 2009
Letter from Ms Scrope, BERR in response to the FMLC's letter of 6/5/2009 to BERR's consultation on Overseas Companies (Company Contracts & Registration of Charges) Regulations 2009
Issue 143
OCR: Location of Intangible Assets
06 May 2009
Letter to Ms Scrope re Consultation on the draft Overseas Companies (Registration of Charges) Regulations 2009
Issue 80
Registration of Company Charges
01 May 2009
Legal assessment of the impact on the financial markets of the Landsbanki Freezing Order 2008 - Report
Issue 141
Landsbanki Freezing Order 2008
28 Apr 2009
Letter to Mr Levendoglu, HM Treasury re Banking Act 2009 (Restriction of Partial Property Transfers) Order 2009, The Bank Insolvency (England and Wales) Rules 2009 and The Bank Administration (England and Wales) Rules 2009
Issue 133
Banking Reform - Depositor Protection
10 Mar 2009
Letter to Mr Holmquist, European Commission from Lord Woolf re Consultation on the review of Directive 2003/71/EC on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC
Issue 103
Prospectus Directive - Public Offer
01 Jan 2009
Response to the November 2008 HM Treasury Consultation Document on a Special Resolution Regime: safeguards for partial property transfers - Report
Issue 133
Banking Reform - Depositor Protection
13 Nov 2008
Letter to HMT in response to their July 2008 Consultation paper 'Extension of the Statutory regime for Issuer Liability'
Issue 76
Transparency Obligations Directive Liability
16 Oct 2008
letter from Lord Bach, Ministry of Justice in response to FMLC letter of 25/7/2008 agreeing a meting would be beneficial
Issue 107
Brussels 1 Regulation Article 23 Cases
01 Oct 2008
Legal assessment of the potential problems for financial makets arising from the Gambling Act 2005 - Report
Issue 138
The Gambling Act 2005
16 Sep 2008
Letter from Commissioner McCreevy, European Commission in response to Lord Woolf's letter commenting on the EC's consultation paper which proposes legislation to govern the authorisation, operation and supervision of CRAs
Issue 139
EU Credit Ratings Agencies Proposals
01 Sep 2008
Response to the July 2008 Tripartite Consultation Document on a Special Resolution Regime - Report
Issue 133
Banking Reform - Depositor Protection
25 Jul 2008
Letter to Nick Howard, The Insolvency Service from Lord Woolf to comment on the EHYA proposals for the reform of English Insolvency law
Issue 135
EHYA Submissions on Insolvency Law Reform
01 Jul 2008
Legal assessment of problems associated with the Brussels I Regulation and suggested solutions
Issue 107
Brussels I Regulation Article 23 Cases
01 Jul 2008
Legal assessment of various financial markets aspects of the question whether the UK should implement the Vienna Sales Convention - Report
Issue 130
Vienna Sales Convention
01 Jul 2008
Legal assessment of an issue raised in Alfa Telecom Turkey Ltd v Cukurova Finance Intl and Cukurova Holdings AS, the extent to which the FCA (No 2) Regs 203 are ultra vires the EC Act 1972
Issue 132
Cukurova
01 Jul 2008
Legal assessment of the safeguards that are necessary for a Special Resolutins Regime - Report
Issue 133
Banking Reform - Depositor Protection
01 Jul 2008
Legal assessment of problems associated with the definition of Collective Investment Scheme and related terms - Report
Issue 86
"Operating" a Collective Investment Scheme
25 Jun 2008
Letter to Bridget Prentice MP in response to the consultaiton paper published by the Ministry of Justice on Rome I
Issue 121
Rome I Regulation Proposal
01 Apr 2008
FMLC Response to the Tripartite Consulltation Paper on Banking Reform - Report
Issue 133
Banking Reform - Depositor Protection
15 Dec 2007
Thank you letter from Bridget Prentice MP to Lord Woolf for FMLC's expertise
Issue 121
Rome 1 Regulation Proposal
01 Dec 2007
Proposal for a Mandatory Insolvency Set-Off Rule applicable to Building Societies and Incorporated Friendly Societies - Report
Issue 118
Building Society & Friendly Society Set-Off
01 Nov 2007
Legal assessment of rule 2.85 of the Insolvency Rules 1986 and its interplay with other insolvency provisions in respect of post-administration liabilities owed to counterparties
Issue 108
Administration - Set-Off and Expenses
01 Nov 2007
Response from Mr Holmquist, European Commission to the points made in Lord Woolf's letter of 25/9/2007
Issue 103
Prospectus Directive - Public Offer
28 Sep 2007
Letter to Mr Lowe, European Commission re work relating to the Draft Revised Commission Notice on the Application of Articles 87 and 88 of the EC Treaty on State Aid in the form of guarantees
Issue 131
State Guarantees
25 Sep 2007
Letter to CESR
Issue 103
Prospectus Directive - Public Offer
25 Sep 2007
Letter to Mr Holmquist, DG Internal Markt, European Commission re continuing issues of concern
Issue 103
Prospective Directive - Public Offer
08 Jun 2007
Letter to Directorate-General for Justice, Freedom & Security, European Commission re Green Paper on Improving the Efficiency of the Enforcement of Judgements in the EU: the Attachment of Bank Accounts - COM(2006) 618 Final
Issue 129
European Freezing Order
07 Feb 2007
Letter to Mr Holmquist, Director General, European Commission re emissions trading scheme
Issue 116
Emissions Allowances
07 Feb 2007
Letter to Mr Leinster, The Insolvency Service continuing responses re issues of concern
Issue 104
Pensions Act: Associated and connected persons
01 Dec 2006
Impact of the Third Money Laundering Directive on the use of Trusts in Issues of Transferable and Intermediated Securities - Report
Issue 102
MLD3 and Trusts
01 Oct 2006
Suggestions for amendments to Articles 7 and 13 of the European Commission Final proposal for a Regulation on the Law Applicable to Contractual Obligations ("Rome I") Report
Issue 121
Rome 1 Regulation Proposal
01 Sep 2006
Legal assessment of the proposed statutory liability regime in the Companies Bill in relation to Transparency Obligations Directive disclosure - Report
Issue 76
Transparency Obligations Directive Liability
15 Jun 2006
Letter to Mr Freiss, DG Markt, European Commission - response to the Public Consultation on the Future of the Internal Market
Issue 125
DG Markt Consultation
31 May 2006
Letter to the Davidson Review, Cabinet Office re Implementation of EU Legislation - reponse to call for evidence
Issue 122
Rome I Regulation Proposal
03 May 2006
Letter from Alexander Schaub, European Commission to Lord Woolf responding to letter of 23/3/2006 in relation to
Issue 76
Transparency Obligations Directive Liability
01 Apr 2006
Rome 1 Regulation Proposal
Issue 121
Rome 1 Regulation Proposal
30 Mar 2006
Letter to Mr Flynn, The Insolvency Service re lack of a statutory insolvency set-off rule for building societies
Issue 118
Building Society & Friendly Society Set-Off
23 Mar 2006
Letter to Alexander Schaub, European Commission re concerns to be considered in the current round of Transposition Workshops for the Transparency Obligaitons Directive
Issue 76
Transparency Obligations Directive
01 Mar 2006
Statutory Reversal of Leyland DAF - Clause 868 of the Company Law Reform Bill and the payment of liquidation expenses out of floating charge realisations - Report
Issue 120
Section 868 of the Company Law Reform Bill
01 Feb 2006
Lord Woolf to succeed Lord Browne-Wilkinson as Chairman
01 Feb 2006
Response to a Final Proposal by the Ruropean Commission on a Rome I Regulation as it relates to the Position re Applicable Law of Insurance Contracts - Report/Paper 2
Issue 113
Insurance Contracts, Rome 1
31 Jan 2006
Letter to Professor Beale, Law Commission re Section 29 of Part 6 of the Law Commission's Draft Unfair Contract Terms Bill
Issue 42
Unfair Terms in Contracts
01 Jan 2006
Asset-backed bonds and the Implementation of Article 22(4) of the First Directive regarding undertakings for collective investment in transferable securities
Issue 55
Asset Backed Bonds
01 Jan 2006
Report on Conflict of Laws and Mortgage Funding - The Rome I Instrument - Report
Issue 55
Asset Backed Bonds
01 Dec 2005
Response of the FMLC to a consultation by the European Commission on the Insurance Provisions of a proposed Rome "I" Instrument
Issue 113
Insurance Contracts, Rome I
01 Dec 2005
Insolvency Practitioners - Receivers and the Pensions Act 2004 - Report
Issue 104
Pensions Act: Associated and connected persons
01 Dec 2005
Legal assessment of various directives arising from the European Commission's Fiancial Services Action Plan - inconsistencies, conficts and lacunae between directives - Report
Issue 119
Conflicts between FSAP Directives
01 Nov 2005
Legal assessment of the arguments relating to the signing of the Hague Securities Convention - the need for, and benefits of, the Hague Securities Convention - Report
Issue 58
Hague Convention - Ratification and Implementation
21 Oct 2005
Provisions relating to "Unfair Relationships": impact on the financial markets and the consumer finance industry
Issue 109
Consumer Credit Bill
20 Jul 2005
Letter from David Norgrove, The Pensions Regulator re clearng / Type A events etc
Issue 104
Pensions Act: Associated and connected persons
05 Jul 2005
Letter to David Norgrove, Pensions Regulatory Board - continuing communication regarding guidance on clearance statements etc
Issue 104
Pensions Act: Associated and connected persons
19 May 2005
Letter from David Norgrove, Pensions Regulator in response to our letter of 20/4/2005 and background to sections 38-51 of the Pensions Act 2004
Issue 104
Pensions Act: Associated and connected persons
20 Apr 2005
Letter to David Norgrove, Pensions Regulatory Board - points to raise following meeting
Issue 104
Pensions Act: Associated and connected persons
11 Apr 2005
Letter from Lord Browne-Wilkinson to Interested Parties - conclusion of WG to look into the desirability of preparing cross-market wording for contracts in order to deal with potential MOD
Issue 90
Drafting Contracts to cater for Major Operational Disruption
11 Apr 2005
Letter to Interested Parties - response to HMT Green Paper and Task Force paper
Issue 90
Drafting Contracts to cater for MOD
01 Apr 2005
Report on Research into the 1994 Revisions to Article 8 of the Uniform Commercial Code
Issue 3
Interests in Securities
04 Mar 2005
Letter from Caroline Flint MP, Home Office re proposed amendments to Part 7 of Proceeds of Crime Act 2002
Issue 69
Proceeds of Crime Act
01 Mar 2005
Analysis of the role, use and meaning of PARI PASSU clauses in sovereign debt obligations as a matter of English law
Issue 79
Pari Passu Clauses
01 Jan 2005
Analysis of whether the proposed changes to Part 7 of the Proceeds of Crime Act 2002 in the Serious Organised Crime and Police Bill affect the legal uncertainties identified by the FMLC - Report
Issue 69
Proceeds of Crime Act
01 Dec 2004
Letter to The Law Commission - Reform of Law on Company Security Interests - Uncertainty issues raised by Law Commission Consultation Paper No 176
Issue 3
Interests in Securities
01 Oct 2004
Analysis of whether and, if so, of what nature there is legal uncertainty in relation to part 7 of the Proceeds of Crime Act 2002 - Report
Issue 69
Proceeds of Crime Act 2002
01 Oct 2004
Analysis of uncertainty under the Transparency Obligations Drective regarding the liability of directors and auditors arising from the publication of a publicly traded company's regular reports and financial info and its relevance to the UK Implementation
Issue 76
Transparency Obligations Directive Liability
27 Sep 2004
Letter to Interested Parties - release of FMLC paper addressing issue of the meaning of "offer of securities to the public" in the context of third country issues choosing their home member State
Issue 89
Prospectus Directive - Choice of Home Member State
01 Sep 2004
Meaning of "offer of securities to the public" uncertainty - Report - September 2004
Issue 89
Prospectus Directive - Choice of Home Member State
01 Jul 2004
Analysis of the need for and nature of legislation relating to property interests in indirectly held investment securitieis with a statement of principles for an investment securities statute - Report
Issue 3
Property Interests in Investment Securities
01 Jul 2004
The Six Classic Priority Scenarios: Background paper
Issue 3
Interests in Securities
01 Jul 2004
The regulation of securities intermediaries by the FSA - background paper
Issue 3
Interests in Securities
01 Jun 2004
International Overview - Background paper to the "Analysis of the need for and the nature of legislation relating to property interests in indirectly held investment securities..."
Issue 3
Interests in Securities
01 Jun 2004
Resources and Materials: Background paper to FMLC paper entitled, "Analysis of the need for and nature of legislation relating to property interests in indirectly held investment
Issue 3
Interests in Securities
01 May 2004
Analysis of the role of the trustee in the wholesale financial markets and of the proposals contained in the Law Commission's Consultation Paper No 117 - Report
Issue 62
Trustee Exemptions
01 Jan 2004
Transparency Obligations Directive Report - January 2004
Issue 76
Transparency Obligations Directive
01 Nov 2003
Emergency Powers Legislation
Issue 56
Emergency Powers Legislation
01 Sep 2003
Letter to the Chairman, European Union Sub-Committee B, Energy, Industry and Transport. regret but decline to give oral evidence.
Issue 38
EU Legislation & Commercial Dealings
25 Jul 2003
Letter to Phil Wynn Owen, H M Treasury re Implementation of Financial Collateral Directive 2002/47/EC
Issue 1
Collateral Directive
25 Jul 2003
Letter to Ms Livingston, CLLS Financial Law Sub-Committee re endorsement of their views expressed to HMT on FCD 2002/47/EC
Issue 1
Collateral Directive
22 Jul 2003
Reference in section 13 of chapter LE of IPRU (BANK) of the FSA Handbook to the Financial Law Panel's 1995 paper "Fund Managment and Market Transactions..."
Fund Management and Market Transactions - A Practice Recommendation
21 Jul 2003
Letter to Interested Parties re Set-Off in Administration
Issue 74
Enterprise Act 2000 Draft Insolvency Rules
07 Jul 2003
Letter to Chairman of the FMLG
Issue 56
Emergency Powers Legislation
04 Jul 2003
Working Group and Terms of Reference
Issue 56
Emergency Powers Legislation - Appendix 1
04 Jul 2003
Letters for Foreign Bodies
Issue 56
Emergency Powers Legislation - Appendix 2
04 Jul 2003
References and Weblinks
Issue 56
Emergency Powers Legislation - Appendix 3
04 Jul 2003
Materials Relating to Contracts
Issue 56
Emergency Powers Legislation - Appendix 4A
04 Jul 2003
Materials Relating to Contracts - ISDA
Issue 56
Emergency Powers Legislation - Appendix 4B
04 Jul 2003
Materials Relating to Infrastructure Bodies
Issue 56
Emergency Powers Legislation - Appendix 5
04 Jul 2003
Materials from other International Wholesale Financial Marketplaces
Issue 56
Emergency Powers Legislation - Appendix 6
04 Jul 2003
Checklist for Contracts
Issue 56
Emergency Powers Legislation
04 Jul 2003
Letter to Chairman of the EFMLG
Issue 56
Emergency Powers Ligislation
04 Jul 2003
Questionnaire and Requests
Issue 56
Emergency Powers Legislation
04 Jul 2003
Terms of Reference
Issue 56
Emergency Powers Legislation
02 Jul 2003
Note of meeting on 26/6/2003 re Set-Off in Administration - changes to the rules
Issue 74
Enterprise Act 2000 Draft Insolvency Rules
01 Jul 2003
List of working group members as at July 2003
Issue 56
Emergency Powers Legislation
30 Jun 2003
Note of meeting - June 2003
Issue 56
Emergency Powers Legislation
20 Jun 2003
Letter to Chairman, Law Commission re FMLC contribution to their consultation
Issue 42
Unfair terms in contracts
01 May 2003
CLLS Financial Law Sub-Committee working paper - replies to questions from H M Treasury contained in note of April 2003 setting out initial policy and legal questions
Issue 1
Collateral Directive
10 Apr 2003
Note of meeting - March 2003
Issue 56
Emergency Powers Legislation
14 Mar 2003
Note of meeting - March 2003
Issue 56
Emergency Powers Legislation Working Group
Letter to the Chairman, Law Commission from Lord Woolf re proposals for suitable Law Commission projects for its 10th programme - review/understanding of Islamic financial services/Shariah compliance issues in the wholesale markets and affected laws
Issue 117
Islamic Financial Services