Linklaters upgrades Linklaters Law Compare

Linklaters is pleased to launch an extension to Linklaters Law Compare in conjunction with Kaizen's Single Rulebook, a digital platform for managing regulatory rules. Linklaters Law Compare is an innovative tool showing how the EU and UK rulebooks for financial services are diverging post-Brexit. This unique product provides a single authoritative source of the most up-to-date regulation and guidance for both the EU and UK rules for derivatives and market abuse, as well as financial markets.

The EU and UK set similar rules for financial services but, as these regimes evolve, the difference between them is increasing. Businesses interacting with both regimes have to keep on top of this regulatory change. Linklaters Law Compare has been designed to help navigate this challenge as it provides a comprehensive view of both regimes alongside insight from Linklaters’ subject matter experts.

Key benefits of this new tool include:

• the ability to follow the regulatory development process with live tracking of increasing divergence across MiFID, EMIR, and MAR;
• quick and efficient within-regime and cross-regime comparison;
• commentary provided by Linklaters and the ability to share views within your own team;
• powerful and dynamic rule maps enabling you to work more efficiently with regulations; and
• traceability in regulatory decision-making across your organisation, saving time and costs.

Our interactive and collaborative tool has been developed by Kaizen's Single Rulebook, an integrated software solution that helps users search, share and manage regulatory rules on one digital platform. Single Rulebook is a Kaizen Company. Linklaters Law Compare was launched in 2023 covering MiFID but its scope now also includes EMIR and MAR regimes for the EU and UK.

 

Peter Bevan, Global Head of Financial Regulation at Linklaters:

"Now a handful of years on since Brexit, divergence between the EU and UK is evolving rapidly. Regulation is becoming more complicated than ever and understanding what the divergence means in practice is very much a key issue for our clients.

As we help our clients to navigate trickier waters, by expanding the platform to include additional areas of regulation, we believe this technology will form a crucial part of legal compliance toolkits post-Brexit. This tool is further evidence of our commitment to helping our global clients to stay ahead of a rapidly changing regulatory framework in the EU and UK.”

Chris Dingley, CEO of Single Rulebook commented:

“We are delighted to have continued to work with Linklaters to expand Law Compare, a new regulatory comparison tool, on our platform. The new tool provides Linklaters’ lawyers and clients with a dynamic comparison of diverging EU and UK regulation, as well as changes in regulatory texts over time. We continue to believe that combining Linklaters’ legal and regulatory expertise with our award-winning technology and platform creates a unique solution for managing regulatory change.”

Recognising its collaboration with Linklaters on Law Compare, Kaizen's Single Rulebook was awarded ‘Best Solution for Regulatory Change Management’ at the RegTech Insight Awards Europe 2024.