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The article discusses aspects of the developments in the financial regulation in Europe. It explains aspects of the Regulation of the European Parliament and of the Council on Short Selling and Certain Aspects of Credit Default Swaps (CDS) which aims to unify and harmonize a myriad of short sale rules across the European Union's (EUs) 27-nation bloc. It notes the first consultation paper on draft regulatory and implementing technical standards issued by the European Sales and Marketing Association (ESMA) in relation to the regulation. It also cites the significant differences between the draft Bill published in June 2011 and the Financial Services Bill to Parliament introduced on January 26, 2012 which reflects a significant milestone in the financial regulatory reform in Europe.

The article discusses the regulatory developments in the banking sector in the European Union (EU). It mentions the decision of EU Commissioner Michel Barnier to appoint members of the High-Level Expert Group on structural aspects of the banking sector and a consultation launched by the EU Commission the general orientation of European company law. It cites the decision of EU Commission to prohibit the proposed merger between Deutsche Börse AG and NYSE Euronext Inc. and a study published by the EU Parliament which tackles the situation of the venture capital industry in the EU. It also notes the discussion paper published by the European Securities and Markets Authority (ESMA) which explains the key concepts of the Alternative Investment Fund Managers (AIFM) Directive.