Publication
Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
ESMA issues statement on deprioritising supervisory actions on clearing for pension schemes while EMIR changes finalised
United Kingdom | Publication | April 2024
The European Securities and Markets Authority has published a statement on deprioritising supervisory actions linked to pension schemes’ clearing obligations pending the finalisation of the EMIR review.
The Council of the EU and the European Parliament reached a provisional agreement on February 7, 2024. ESMA expects supervisory actions not to be prioritised in relation to the clearing obligation for derivative transactions conducted with third-country pension scheme arrangements.
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Supreme Court upholds ACA preventive services, public health risks remain
The Supreme Court, agreeing with the Trump and Biden administrations, held in Kennedy v. Braidwood Management, Inc. that the members of the USPSTF are inferior officers who may be appointed by the HHS.
Publication
Texas Business Court exercises jurisdiction based on alter ego allegations
A recent ruling from the Third Division of the Texas Business Court recognizes that well pled allegations of alter ego, conspiracy or other forms of derivative liability premised on corporate formation may be sufficient to create jurisdiction in the Texas Business Court.
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