Funds Talk: February 2018

Topics covered in this issue include: 

• Global Regulators Increasingly Shifting Focus to Cryptocurrency
  After years of allowing cryptocurrency transactions to fly under the radar, financial market regulators are beginning to turn their attention to virtual currencies — although the emerging regulatory landscape remains far from uniform.
  
  
• Overview of the Recent EU Adoption of Common Rules and Framework for Securitization Transactions in Europe
  As part of the Capital Markets Union action plan announced in September 2015, the European Parliament and the Council issued on Dec. 12, 2017, the regulation laying down a general framework for securitization and creating a specific framework for simple, transparent and standardized securitization (the regulation).
  
  
• SEC Releases Guidance on Near-Term Disclosure Regarding Effects of New Tax Law
  The tax reform signed into law by President Donald Trump on Dec. 22 (the tax act) presents public companies with several accounting and disclosure challenges. Although companies are still evaluating how they will be affected by the tax act, the Securities and Exchange Commission has released guidance to help navigate the disclosure issues.