Securities Law

Committee Update

Committee Overview

The main goal of the Securities Law Committee is to bring together securities lawyers from a broad range of countries to follow, discuss and shape public policy in a world of rapidly globalising capital markets.  The focus of the Committee is the intersection of national capital markets with each other in a world of cross-border transactions.  Key areas of focus, as reflected in the subcommittee sctructure, are developments in Underwriting and Distribution of all types of capital markets products, the securities laws as they impact cross-border Mergers & Acquisitions, the regulation of market players such as investment banks, brokers and exchanges, securities laws as they impact public companies, and a close watch on cross-border and international regulatory developments in particular from IOSCO, CESR, the EU, the SEC, the FSA and a range of developing countries. 

Additionally, the Securities Law Committee works with the following Committees to form the Financial Services Section:

Banking Law
Capital Markets Forum
Insurance
Investment Funds  

Committee Conferences

For further information on any forthcoming or past IBA event, go to the conferences homepage or contact the  marketing department.

Committee Projects

The guides are not legal advice and should not be relied on as such. They are up to date as of 1 April 2008.

Working with a panel of distinguished academics, practitioners, in-house counsel at financial institutions, former regulators and others, the Securities Law Subcommittee of the Task Force on Extraterritorial Jurisdiction has produced a draft report which can be accessed by clicking here. The report examines the need for the reform of the cross-border regulation of the global securities markets, reviews approaches to addressing problems such as mutual recognition, convergence and the enforcement gap, and concludes by urging that reform of the domestic systems with a view towards its international impact which should be an urgent priority for legislative and regulatory bodies in major financial centres. We would encourage you to read the report and to give any comments you might have to Japp Willeumier or Margaret Tahyar.  

The Securities Law Committee keeps a close watch on cross-border and international regulatory developments, in particular at IOSCO, CESR, the EU, the SEC, the FSA and a range of other individual jurisdictions.  To this end, the Committee participates in the comment process of these organisations and contributes its market experience in order to improve securities regulation.
Please view the following document:

IBA response to SEC release no. 34-55005
IBA comments on SEC release no. 33-8818
IBA response to CESR call for evidence no. 06-515

View Securities Law Survey on Transparency and Enforcement.

Committee Publications

The Securities Law Committee produces an annual Newsletter.

Download the latest issue of the newsletter.

For further details of all IBA publications including books, journals, newsletters, conference papers and free guides and materials go to the publications homepage.

Members

Gain access to the IBA Member's Directory   

Committee discussion forum

Links

www.cesr-eu.org