Results 1-10 of 539
23 February 2018
The UK government has issued a response to the EU's proposals on how any transition period should apply. For the most part, the texts are broadly aligned. The UK government's text builds on the draft text in the European Commission's position paper...
20 February 2018
Am 7. Februar 2018 einigten sich CDU, CSU und SPD koalitionsvertraglich auf die Eckpunkte einer künftigen Zusammenarbeit im Rahmen der anvisierten "GroKo". Anlass, sich auch vor Bekanntgabe des Ergebnisses des SPD-Mitgliedervotums hierzu am 4. März...
19 February 2018
The European Commission (the "Commission") published a number of notices to stakeholders in different sectors on 8 February 2018, on the consequences of Brexit for financial services. Each notice is essentially a 3 page warning with a clear message that...
9 February 2018
On 20 December 2017, the Prudential Regulation Authority ("PRA") published a consultation on a draft supervisory statement "International insurers: the Prudential Regulation Authority’s approach to branch authorisation and supervision"...
6 February 2018
The General Data Protection Regulation (the GDPR) is the biggest shift in data protection and privacy legislation in Europe for a generation, with extraterritorial effect, so an Asia Pacific-based company may have to comply even though it is not based in Europe. Failure...
2 February 2018
On February 15, 2018, banks, insurance companies, and other financial services providers covered by the new Cybersecurity Rules issued last year by the New York Department of Financial Services ("DFS") will be required to submit to DFS a certification...
U.S. Federal Trade Commission Announces Annual Revisions to the Thresholds of the HSR Act and Prohibition Against Interlocking Directors
26 January 2018
Pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, parties to an acquisition or merger meeting certain annually adjusted thresholds must make a pre-closing notification to the U.S. antitrust authorities and abide by a mandatory waiting...
Clifford Chance Advises Armour Group Ltd. on its Formation as a New Bermuda-Based Reinsurance Company
22 January 2018
Armour is the sixth reinsurance launch handled by the Firm's New York office under the leadership of Insurance and M&A partner Gary Boss, who continues to play a leading role in ushering in a new group of global competitors in the Insurance industry.
Challenges to Recent Transactions Are a Reminder That Antitrust Risks Can Remain if Closing Has Already Occurred (and Even if Pre-merger Notification Filings Were Made)
27 December 2017
Last week the U.S. Federal Trade Commission and Department of Justice each separately challenged recently closed transactions that they claim would harm competition in the US. The DOJ filed suit in relation to TransDigm Group's recent acquisition of two businesses...