Aide memoire of the 22nd meeting of the European Financial Markets Lawyers Group

***

22nd meeting of the European Financial Markets Lawyers Group

Tuesday, 27 March 2007 10.00-17.00

Room CII, 36th floor, at the ECB in Frankfurt

Proposed agenda

ITEM 1: Approval of the agenda and of the aide-mémoire of the last meeting

ITEM 2: Finalisation of the EFMLG Report on legal obstacles to cross-border securitisations

ITEM 3: FX related topics

3(a) Report on the EFMLG/OMG consultation on the CLS Protocol for FX Confirmations

Documents: Protocol memo to members and TPWG, 28.2.2007, FX Protocol FAQs (marked Feb 2007 draft), FX Protocol External Procedures (marked Feb 2007 draft), FX Protocol (marked Feb 2007 draft), FX Protocol (draft Feb 2007), EOMG - Protocol Overview Feb 2007

3(b) Report on EMTA activities regarding standardizing cross-currency templates

Document: FW EFMLG 22nd meeting

3(c) FX transactions not governed by a master agreement - Follow-up

Document: Exhibit 1

Document: EBF-2007-03-02-Mifid Query Forex Forwards

ITEM 4: Use of rating-related trigger provisions in termination clauses

Document: Rating trigger

ITEM 5: Follow-up on activities regarding specific documentation for the use of investment funds in derivatives or securities financing transaction

Document: General Agreement for Financial Transactions with Investment Management Companies

ITEM 6: Other issues of relevance to the EU financial markets

6(a) Efficiency of judicial systems in the area of financial services

Documents: cover letter, questionnaire

6(b) Hedge Fund developments

Documents: White Paper, IOSCOPD226, AIMA - Guide to sound practices for European HF managers 30.8.2002, MFA 2005 Sound Practices, US guidance principles

6(c) Up-date on the Commission review of the Collateral Directive

Documents: Commission Report 20.12.2006, Directive

ITEM 7: All other business

BACK TO TOP