TheMoonMag.com’s Post

If you know that Lexitor is not the name of a former Roman consul and WIBOR is not a new cyborg in the next Star Trek movie, some people may think you are half way a banking law expert. If you furthermore understand that legislation is just one side of the medal and jurisdiction can be even more important for both industry and customers, you get even closer … Preliminary rulings of the European Court of Justice (ECJ) are often landmarks for the developments of EU law and beyond. That may in itself not be a very astonishing fact. But as EU harmonisation progresses, ECJ rulings more and more affect not only the parties of the case and member states but other stakeholders of many kinds. As the group of stakeholders who can give input to support well informed ECJ decisions is limited (see Art 23 of the ECJ Statute), other interested parties don’t have a say presently. From this background the European Banking Federation co-organised with ACCIS on 17 October 2024 the second conference on access to requests for preliminary rulings for third parties. Two panels with most distinguished speakers discussed ways and models for such an enhanced participation. Very much food for thought, especially as the recent reform of parts of the ECJ procedural rules demonstrated that an adequate change is possible - which is a promising sign for further steps. Many Thanks to the panelists Dr. Toms Krumins, Marc Mossé, Dr. Markus Kellner, Prof. Marie-Anne Frison-Roche (𝒎𝒂𝒇𝒓), Dr. Kathleen Gutman, Prof. Jens-Hinrich Binder, Prof. Marianne M. Rødvei Aagaard as well as to organizers and moderators Wim Mijs, Dr. Mathias Otto, Blazej Blasikiewicz and the EBF Team as well as Kiki Tsourou and Enrique Velazquez of ACCIS. #bankenverband #bankrecht #ebf #ecj #accis

Come hear Theresa Kradjian speak on the Consumer ABS panel and Merryn Craske speak on the Global Market Securitisation Regulation panel!

Nord vLEI Becomes First European GLEIF Qualified vLEI Issuer https://lnkd.in/g9MSe-8v #vLEI #gleif #LEI #digitisation #digitalcredentials #transparency Global Legal Entity Identifier Foundation (GLEIF) NordLEI

Honored to be part of the ACGA community to write a letter with Amar Gill, Jane Moir in response to HKEX's consultation on the CG code. HKEX's proposals have elicited contrasting views, particularly regarding the tenure of independent directors (INEDs), the number of directorships they should hold, and whether corporates should have lead INEDs. Details of board governance may look trivial compared to models of financial performance, market capitalization, and stock prices. But a robust rulebook is central to Hong Kong's status as a sophisticated financial center. As regional peers such as Japan and Korea have embarked on ambitious reforms, Hong Kong cannot afford to be seen as a corporate governance backwater. #HKEX #corporategovernance #ESG

On the occasion of The Network Forum, in vibrant Warsaw, I shared some of the ECSDA thoughts with participants on how CSDs provide scalability for markets: ✔ through consolidation projects, ✔ by establishing CSD Links and passporting (allowing issuance of non-domestic issuers by supporting their law), ✔ working on standardisation and alignment of practices. There are however limits to what CSDs can achieve in a fragmented legal, tax and investor protection environment. As “notaries of financial markets” in the Union, CSDs are asked to apply coherently incoherent rules 🤔 - that contradiction should not be solely for the CSDs to solve. It is a question for all of us in the Union and first, to the authorities: how serious we are about the #CMU? If so, then tackling legal and tax fragmentation to solve the root cause is essential.  Still, we also need to remember that it’s not because of a notary (as efficient and innovative as it can be 😉), that one chooses where to buy an apartment. 🤣  European Central Securities Depositories Association (ECSDA) #PostTrade #CSD The Network Forum

Nord vLEI Becomes First European GLEIF Qualified vLEI Issuer https://lnkd.in/gWU2hUXs #vLEI #gleif #LEI #digitisation #digitalcredentials #transparency Global Legal Entity Identifier Foundation (GLEIF) NordLEI

Have you ever wondered if changing your Qualified Intermediary during a 1031 Exchange is possible? In our new blog, find out the answer to this question, as well as the essential role QIs play in #1031exchanges. https://hubs.li/Q02X9Pnt0 #Revolutionize1031

Entoro's latest article "Regulation S and International Securities: A Comprehensive Overview" is published and ready for you to view! To read this article and others published by Entoro click the link below! #Entoro #weeklyarticle #RegS #InternationalSecurities #Medium #mediumblog

AIPLA Trade Secrets Summit: Another great panel — someone may have mentioned the Crowley case from USDC NDGA in this panel striking down an NDA, and as a result the trade secrets claim regarding the information alleged. #AIPLA #tradesecrets #informationsecurity #IntellectualProperty #employeemobility #RestrictiveCovenants

At Global ICT Connections (GICT), we make sure no one stays out of pocket! In the world of global trade, disputes are an inevitable part of the journey. Yet, it's how these challenges are navigated that truly defines a platform's commitment to its community. A complex dispute arose between two esteemed traders over a significant sum of €120k. It was a situation that tested patience, trust, and the very principles upon which GICT stands. Over the course of 7 months, our dedicated staff engaged in a meticulous process of mediation, facilitating 52 emails and making 28 phone calls in an effort to bridge the gap between both parties. Our approach at GICT is not about taking sides or making swift decisions that may favour one party over the other. Instead, we focus on understanding, mediating, and finding a resolution that respects the interests of all involved. This case was no exception. Through persistent efforts, open communication, and a deep commitment to fairness, we were able to successfully resolve the dispute to the satisfaction of both traders. This experience underscores our belief that at the heart of successful trading lies not just in the transactions, but in the ability to solve disputes effectively without resorting to exclusion as the first or only solution. It's a reminder that not all platforms are the same. We're proud to say that our intervention not only facilitated the return of the funds in question but also preserved the valuable relationships that are the cornerstone of our trading community. It's moments like these that reinforce our mission at GICT: to provide a secure, supportive, and fair trading environment for all our members. Disputes may be part of the trade, but at GICT, resolution and member satisfaction are always the end goal. We're here not just to connect traders but to ensure that every member of our community can trade with confidence, knowing they have a platform that stands firmly beside them, ready to support through every challenge. signup for 30 days no obligation free trial and live the experience https://lnkd.in/evQXVh9K