1 November 2010

Banking & Finance Update - November 2010

Adoption of the AIFM Directive - Enactment of three New Luxembourg Laws on or in Relation to the Fight against Money-Laundering and the Financing of Terrorism (AML) - Improvements of the Luxembourg Regulations Governing E-Money and Financial Collaterals - Law of 26 July 2010 Amending the Law of 9 May 2006 and Completing the Transposition of the Directive 2003/6/CE on Market Abuse - Financial Services: Commission Acts to Improve Investor Protection and Efficiency in the EU Investment Fund Market - The New Collective Agreement for Bank Employees