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European Union › Amended Legislation

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
A&O Shearman

Amendments to Luxembourg laws to implement MiCAR and TFR: key takeaways and impact on VASPs

A&O Shearman on

On 21 May 2024, a bill of law n° 8387 was introduced before the Luxembourg Parliament. Its objective is to amend several pieces of Luxembourg legislation to operationalise various European regulations, in particular...more

Goodwin

Proposed Amendments to Pillar Two Law in Luxembourg

Goodwin on

On 12 June 2024, Luxembourg published a bill of law amending the law of 22 December 2023 (the Pillar Two Law[1]) implementing EU directive no. 2022/2523, largely known as the “EU Minimum Tax Directive” or “Pillar Two...more

Goodwin

IPOs: Recent French Law Amendments to Make Paris An Attractive European Hub

Goodwin on

With 2023 marking a significant global market slowdown, many IPO candidates have suspended or postponed their plan. Only six initial public offerings (IPOs) have been successful in France in 2023, raising a total of about...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

German Employment Law Changes for 2024

Ogletree, Deakins, Nash, Smoak & Stewart,... on

In Germany, every new year brings with it changes and updates in employment law. We have summarized below which new regulations may want to prepare for in the course of 2024....more

BCLP

Urgent Need for Action for All Employers - Amendment to the Evidence Act

BCLP on

On June 23, 2022, the German Bundestag passed the draft law (BT-Drs. 20/1636, 20/2245) in the committee version (20/2392) to implement the EU directive on transparent and predictable working conditions in the European Union...more

Lighthouse

2021 Data Privacy Overview: New Regulations and Guidance

Lighthouse on

While everyone hoped that 2021 would be less tumultuous than 2020, it certainly did not turn out that way in the end. The same was true in the world of data privacy – with sweeping new data protection regulations and guidance...more

BCLP

Amendments to Hong Kong Data Protection Law to Widen the Definition of “Personal Data” - Part 5 of 6

BCLP on

Hong Kong proposes to widen the current definition of “personal data” to cover not just “identified” persons but also “identifiable” persons. The amendment is expected to cover the use of online tracking technologies such as...more

Akin Gump Strauss Hauer & Feld LLP

Hotly Anticipated Extension of EU State Aid Framework to Recapitalizations and Subordinated Debt

Akin Gump Strauss Hauer & Feld LLP on

- EC extends the Temporary State Aid Framework to allow member states to provide recapitalizations to companies adversely affected by the COVID-19 crisis, including airlines, retailers and firms active in hospitality, leisure...more

A&O Shearman

European Securities and Markets Authority Publishes Amendments to Eligible Collateral Standards Under Capital Requirements...

A&O Shearman on

The European Securities and Markets Authority has published draft Implementing Technical Standards amending the existing ITS that establish the standards for the main indices and recognized exchanges that can hold securities...more

A&O Shearman

UK No-Deal Brexit Legislation Extends Transitional Provisions for Third-Country Benchmarks

A&O Shearman on

A U.K. statutory instrument has been published to further the U.K.'s financial services legislation preparations in the event of a no-deal Brexit. The statutory instrument – the Financial Services (Electronic Money, Payment...more

A&O Shearman

UK Brexit Legislation Published to Onshore the Revised Capital Requirements Regulation

A&O Shearman on

A draft U.K. statutory instrument to onshore into U.K. law, post-Brexit, the revised Capital Requirements Regulation (known as CRR II) has been published – the Capital Requirements (Amendment) (EU Exit) Regulations 2019 (2019...more

A&O Shearman

EU Capital Requirements Directive V and Capital Requirements Regulation II Finalized

A&O Shearman on

The legislative amendments to the EU's Capital Requirements Regulation and the Capital Requirements Directive, widely referred to as "CRD5" or "CRR2", have been published in the Official Journal of the European Union. Subject...more

BCLP

Insurance and Reinsurance Update

BCLP on

This is our pick of the key recent legal and regulatory issues affecting the insurance and reinsurance sector. Non Party PI Insurers Liable for Costs - In the January 2019 case of Various Claimants v Giambrone the...more

Jones Day

EU Commission Proposes Expanding EBA Antimoney Laundering Mandate

Jones Day on

The EU Commission is proposing measures to increase financial sector supervision in the wake of money laundering incidents. The European Commission recently proposed expanding the Europe Banking Authority’s ("EBA") mandate...more

Fisher Phillips

Web Exclusive: March 2018: The Top 13 Labor And Employment Law Stories

Fisher Phillips on

It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there were an unprecedented number of changes all through 2017. And if the first three months...more

Dechert LLP

Financial Services Quarterly Report - Fourth Quarter 2017: Developments in the Luxembourg Financial Sector

Dechert LLP on

Luxembourg recently published two important bills to combat money laundering and terrorism financing – one transposes the EU AML4 Directive1 into Luxembourg law; the second establishes a central register of beneficial owners,...more

Proskauer Rose LLP

Regulation Round Up - June 2017

Proskauer Rose LLP on

2 June - The ESMA published its final report on guidelines on product governance requirements under the MiFID II Directive (2004/65/EU). The guidelines (set out in Annex IV) to the final report aim to promote greater...more

Smart & Biggar

IP law changes coming after Europe deal

Smart & Biggar on

After seven years of talks, delays and drama, changes to Canada’s intellectual property laws as a result of the nation’s free trade deal with the European Union are finally coming into view. On Oct. 31, the federal...more

A&O Shearman

EU Legislation Amending Indicators used in the Methodology for the Identification of Global Systemically Important Institutions

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A Commission Delegated Regulation amending the Regulatory Technical Standards specifying the methodology for the identification by national regulators of global systemically important institutions and the definition of...more

Latham & Watkins LLP

China Revises Hazardous Substances Restriction Laws

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China’s Ministry of Industry and Information Technology (MIIT) has recently announced a revised version of the Restriction of Hazardous Substances (RoHS 1), which will come into effect on July 1, 2016. The revised...more

Ladas & Parry LLP

EU Trademark Registrations Covering Class Headings May Require Amendments before September 24, 2016

Ladas & Parry LLP on

The European Union has recently amended its trademark law which may impact the protection given by European Union Trademarks (formerly known as Community Trademarks). These reforms will also cover EU designations of...more

Mintz - Privacy & Cybersecurity Viewpoints

Amended version of Judicial Redress Act passes the Senate; now goes back to the House

Mintz - Privacy & Cybersecurity Viewpoints on

The US Senate passed the amended version of the Judicial Redress Act on February 9. The amendments, which tie the Umbrella Agreement to Safe Harbor 2.0 (now dubbed the US-EU “Privacy Shield”), now go back to the House for...more

Morgan Lewis

Amendments to the German Voting Rights Notification Rules

Morgan Lewis on

New European transparency requirements have been transformed into German law. On 27 November, Germany will implement the Amendment Directive to the Transparency Directive (2013/50/EU, the Amendment Directive). The...more

Katten Muchin Rosenman LLP

UK Partnerships – Proposed Collective Investment Scheme Legislation Amendments

Katten Muchin Rosenman LLP on

On July 23, as part of the proposals announced in the Summer Budget by the Right Honourable George Osborne MP, UK Chancellor of the Exchequer, Her Majesty’s Treasury published a paper (Consultation Paper) in which certain...more

Dechert LLP

MiFID II: The Next Big Challenge - Key Issues for Asset Managers

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Background - The Markets in Financial Instruments Directive (“MiFID II”) and the related Regulation (“MiFIR”) is the next big rewrite of EU legislation, due to take effect at the beginning of 2017. Although its greatest...more

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