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.
