Corporate weekly highlights—15 June 2017

Corporate weekly highlights—15 June 2017

Welcome to the weekly highlights from the Lexis®PSL Corporate team for the week ending 15 June 2017, which provide news updates and a comprehensive list of dates for your diary. This week’s edition features: the news that the European Parliament will consider the proposed Fifth Money Laundering Directive in October; the FCA’s June 2017 policy development update; and the European Commission’s mid-term review of the CMU action plan. 

Headlines (News updates & analysis)

Company administration

European Parliament to consider MLD5 in October

The European Parliament has provisionally scheduled its plenary session commencing on 23 October 2017 for consideration of the proposed Fifth Money Laundering Directive (MLD5). MLD5 will amend the Fourth Money Laundering Directive 2015/849/EU (MLD4), which will be implemented across the European Economic Area (EEA) on 26 June 2017.

The proposed amendments to MLD4 include designation of virtual currency platforms and custodian wallet providers as obliged entities and setting lower maximum transaction limits for certain pre-paid instruments.

For details see news, LNB News 13/06/2017 83.

Equity capital markets

FCA June 2017 policy development update

The Financial Conduct Authority (FCA) has updated its policy development update webpage. The update includes recent FCA publications and a list of upcoming publications arranged under the blocks of the FCA Handbook where the policy is likely to be given effect.

For details see news, LNB News 13/06/2017 126.

Commission sets out its mid-term review of the CMU action plan

The European Commission has published a number of documents which set out details of the further steps it is taking to drive forward the Capital Markets Union (CMU), a pivotal project of the Juncker Commission to boost jobs and growth in Europe.

The mid-term review reports on the progress made so far in implementing the 2015 action plan. It states that, si

Subscription Form

Related Articles:
Latest Articles:

Already a subscriber? Login
RELX (UK) Limited, trading as LexisNexis, and our LexisNexis Legal & Professional group companies will contact you to confirm your email address. You can manage your communication preferences via our Preference Centre. You can learn more about how we handle your personal data and your rights by reviewing our  Privacy Policy.

Access this article and thousands of others like it free by subscribing to our blog.

Read full article

Already a subscriber? Login