Results 1-10 of 65
29 March 2019
Since the Brexit referendum of June 2016, clients have on several occasions queried whether after the United Kingdom's withdrawal from the European Union judgments of the English courts will continue to be recognised and enforced in Italy, and whether the choice...
26 March 2019
The Italian Council of Ministers has approved a new law decree creating an 18-month temporary regime for UK firms engaging in regulated business in Italy and Italian firms engaging in regulated business in the UK. The temporary regime will become effective, if...
5 December 2018
The European Commission and Italian government are currently engaged in a power struggle over Italy's draft budget for 2019. The Commission argues the budget is in breach of the 1997 Stability and Growth Pact and has called on Italy to make amendments. The...
5 January 2018
The European Commission has published a proposal for the overhaul of the prudential regime for EU investment firms: i.e. regulated firms carrying on securities and derivatives business. This will have significant impacts on such firms' individual prudential...
27 December 2017
Italy has introduced a new category of non-preferred senior debt (strumenti di debito chirografario di secondo livello) by means of the Law on the budget of the Italian government for 2018 (the "2018 Budget Law") approved on 23 December 2017. As...
15 November 2017
Welcome to our Insurance Global publication which outlines global legal developments in the insurance sector in 2017. This edition highlights developments on the global stage with legal updates from China, Germany, Italy, Luxembourg, Spain, the UAE, the UK and...
23 August 2017
虽然伦敦银行间同业拆借利率（LIBOR）作为金融市场基准利率已逾三十载，但自从英国金融服务监管局（FSA）2012年对LIBOR操纵丑闻展开调查（即“Wheatley Review”）以来，LIBOR始终面临压力。英国金融行为监管局（FCA）首席执行官Andrew Bailey最近于7月27日发表了讲话 ，预示LIBOR可能终将谢幕。市场主体需要未雨绸缪，应对LIBOR可能在2021年底后终止公布。本文将讨论这一问题的成因，并评估其对市场主体实践操作及文本层面的影响
28 July 2017
Although a bedrock of the financial markets for over 30 years, LIBOR has been under pressure ever since the Wheatley Review, and a speech by Andrew Bailey, Chief Executive of the UK's Financial Conduct Authority on 27 July heralds its potential demise. Market...
19 June 2017
The ability to use foreign mandatory law to escape from the consequences of an English law contract is very limited. In particular, the use of an international standard form of contract may on its own be enough to prevent the application of a foreign law.
26 April 2017
The use of technology to deliver, enhance or “disrupt” financial services is transforming the sector. Whether you are an institution upgrading the existing financial services that you offer, a new entrant launching a groundbreaking product, or a regulator...