Clifford Chance

The European Commission is proposing a new Critical Raw Materials Act to ensure that the EU has access to a secure and sustainable supply of critical raw materials which are crucial to clean energy transition. Here our experts explore the proposed Act and how it might protect EU Member States from supply risks.

The policy debate is again turning to how best to protect depositors with failed banks by ranking their deposits above other senior unsecured creditors in the creditor hierarchy in insolvency. While many jurisdictions already have depositor preference regimes, some do not and others, in particular the EU, are reconsidering their design and scope.

We highlight some trends which focus on some of the innovations and legal developments that we are seeing in a number of sectors to meet these challenges.

We look at the key data and technology trends to watch in 2023.

We propose that any "re-tailoring" proposal should be properly calibrated to account for the particular rate and liquidity risks behind the failures of SVB and Signature, and more attention should be paid to the new systemic risks arising from technological advances in payment systems and the rapidly modernizing ecosystem of commercial banking.

Our webinar provides analysis of the situation regarding SVB, its impact across multiple jurisdictions for borrowers, depositors and creditors and what businesses need to prepare for over the coming weeks and months, as well as the wider market implications.

Five deal-making themes for businesses worldwide.