19 Dec, 2023 Financial services and capital markets in CEE – key regulatory and legal trends in 2023-2024 By Florian Klimscha Stephan Pachinger Anouschka Zagorski Victoria Bazil Eva Schneider +2 more... Show less In the constantly evolving landscape of Central and Eastern Europe (CEE), financial services and capital markets face a vibrant...
14 Dec, 2023 AMLA update – partial deal reached on the new European AML authority By Alicia Hildner Marcel Michaelis Jan Struckmann Victor Garcia Lopez +1 more... Show less It’s already more than two years ago that the EU Commission has announced that there will be a new sheriff in town: On 20 July 2021, the...
19 Nov, 2023 Investing like the pros – indirect investments by retail investors in investment funds for (semi-)professionals under BaFin’s scrutiny By Theresa Kreft Jan Struckmann Both the desire for higher yields and the low interest rate environment of the past years has seen retail investors’ focus increasingly...
01 Aug, 2023 Fifteen years after introducing the “trend setting” interest barrier rule, German Finance Ministry proposes further interest cap rule By Katharina Kubik Philipp Redeker Viktoria von Abel The German Federal Ministry of Finance (BMF) recently released the draft “Growth Opportunities Act” (Wachstumschancengesetz). If enacted,...
08 Dec, 2022 Wirecard shareholder claims for damages rank behind all creditor claims in landmark insolvency ruling By Marcus Lerch Patrick Schroeder Shareholders are among the many who have lost money in the multi-billion euro insolvency of the former DAX30 payment provider Wirecard...
19 Oct, 2022 A new and changing geopolitical backdrop: the European Commission's 2023 work programme By Natalie Pettinger Kearney On 18 October the European Commission published its 2023 work programme, consisting of a Communication and relevant Annexes – link here. ...
05 Oct, 2022 ESG and more - BaFin updates its MaRisk By Holger Hartenfels Falko Glasow Jan Struckmann On 26 September 2022, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin)...
28 Sep, 2022 UK revocation of retained EU financial services law By Andrew Marsh A quick summary “Retained EU law” governing financial services will be revoked. But, with some exceptions, its substance will largely be...
27 Aug, 2020 Jurisdiction upheld in Portigon AG v Kingdom of Spain: project finance lenders are afforded investment treaty protection By Carsten Wendler Gregorio Pettazzi On 20 August 2020, the ICSID arbitration tribunal in Portigon AG v Kingdom of Spain rendered a ground-breaking decision that opens the...
11 May, 2020 State aid: Commission publishes conditions for COVID-19 recapitalisations by member states By Andreas von Bonin The EU Commission has published a further amendment to its 19 March guidance document on state aid in reaction to the COVID-19 outbreak....