Practice Insight for financial institutions

Understand buyside clients. Manage sellside colleagues. Learn from your competitors.

Banks’ legal teams need to know buyside clients’ direction of travel now more than ever.

From drafting memos for trading desks to crafting disclosure documents, in-house legal teams at financial institutions depend on access to investors’ unfiltered views and competitors’ interpretations of new rules. But they are often shielded from them, instead relying on internal sellside feedback.

Practice Insight is Euromoney Institutional Investor’s news service that gives clarity to banks’ legal functions. We uncover and describe how both buyside and sellside are interpreting Europe’s capital markets rules in three key areas:

Market conduct rules, investor protection, bail-in, product governance Market structure, trading transparency, benchmarks Regulatory effects on disclosures, covenants, redemption, subordination
How banks and asset managers are implementing conduct-focused rules, including investor protection under Mifid II’s product governance frameworks and the integrity of Libor. Explaining the market’s compliance challenges. From the changing nature of market structure under Mifid II, to how firms are grappling with transparency obligations and transaction reports. Revealing the regulatory effects on disclosures, terms, covenants, redemption and subordination. From how product manufacturers are keeping their Priips KIDs under three pages to changing bail-in clauses.

Reported first by Practice Insight:

About Practice Insight:

Practice Insight is Euromoney Institutional Investor's news service for lawyers, tracking how financial institutions are implementing Europe’s capital markets rules. Regulatory uncertainty now drives everything from liquidity, banks’ capital stacks and transaction reporting to the fundamental structure of the market. But with the scope for interpretation of rules so broad, financial institutions are finding it almost impossible to establish market consensus. Their legal advisors, meanwhile, are struggling to form a clear view on their client base’s current thinking.

Practice Insight has launched to ease this regulatory uncertainty. It provides clarity on how the market is interpreting regulatory actions within Europe’s capital markets. It does this by speaking to those on the inside. Our team of experienced reporters talks to banks, asset managers, exchanges and trading platforms about how they are complying – or failing to comply – with the raft of national, EU and global reforms. No one else in the market does this. Read more

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