Join a weekly discussion by Baker McKenzie regulatory and enforcement practitioners as we navigate this uncertain time and work together through the challenges ahead. We offer practical advice and real-time analysis of the changing landscape across the United States, Europe and Asia.

Sessions were held in prior weeks, covering critical issues and business continuity initiatives.

Week 4 — Reg BI and Form CRS:  Closing in on June 30

Reg BI and Form CRS Implementation  

  • SEC Approach to Implementation Date
  • Proposed Changes to FINRA Suitability
  • How to Manage OCIE Expectations
  • Next Best Steps for June 30 Implementation
  • State Fiduciary Updates 

General Regulatory Updates

  • Continued SEC Focus on Disclosure
  • Other Regulatory Developments of the Week

This session has concluded. You can still listen to what was discussed by accessing this recording of the session.

Week 3 — Cybersecurity and Data Protection in a Remote Work Environment

General Regulatory Updates

  • Regulation Best Interest and Form CRS Deadline Remains
  • BCBS-IOSCO Deferral of Initial Margin Requirements
  • Recent Regulatory Inquiries Regarding Business Continuity Plans

Risks Presented by Remote Work Environments

  • Access to Restricted Systems
  • Increased Risk of Cyber, Phishing and Malware Attacks
  • Data Privacy Risks
  • Outsourcing Arrangements

This session has concluded. You can still listen to what was discussed by accessing this recording of the session.

Week 2 — Recent Regulatory Developments & Looking Back on 2008: What Lessons Can We Learn from the Last Crisis? A comparison to the last financial crisis and the regulatory developments that ensued

  • What has changed at the regulators and in the market? What are regulators’ areas of focus currently?
  • Looking at enforcement matters that followed 2008, what parallels can we draw?
  • Based on those parallels, how can firms act now to mitigate risks

Recent Regulatory Developments

  • Focus on regulatory relief for existing and upcoming regulatory obligations
  • Recent regulatory developments for financial institutions and insurance companies

This session has concluded. You can still listen to what was discussed by accessing this recording of the session.

Week 1 — Business Continuity for Firms and Regulators, Managing Market Volatility and Fund Manager Redemptions – Business Continuity Concerns and Managing Market Volatility

  • SEC and FINRA, with a focus on OCIE’s March 20, 2020 remote examinations statement
  • European regulatory response to COVID-19
  • BCP issues firms are facing, including short selling restrictions, COVID-19 relief and adjusting to a remote working environment

Focus on Fund Managers: Dealing with Redemption. An examination of past redemption matters with a focus on evaluating contractual tools to manage outflow

This session has concluded. You can still listen to what was discussed by accessing this recording of the session.

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