Europe: EU / UK regulatory roundup
A round up of recent regulatory developments in the EU and UK.
For international financiers and corporate borrowers, taking or granting security in Asia Pacific requires a specialised and customised approach for each jurisdiction.
Whilst there are many similarities between some jurisdictions, there are surprisingly wide variations within the region. Many countries have reformed or are reforming security legislation in an effort to improve and simplify the process of advancing loans and taking security.
To help our clients structure cross-border financing transactions, we have produced ‘Banking security in Asia Pacific’ as part of our NRF Institute. The guide compares banking and security laws in 16 jurisdictions within the region.
You can use the guide to:
To request access to ‘Banking security law in Asia Pacific’, please register to join NRF Institute.
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Members of NRF Institute can access a range of premium content including knowledge hubs and cross-border guides.
On July 16, 2020, the Court of Justice of the European Union (CJEU) published its decision in the landmark case Data Protection Commissioner v Facebook Ireland Ltd, Maximilian Schrems and intervening parties, Case C-311/18 (known as the Schrems II case).
On July 7, 2020, the Commission de Surveillance du Secteur Financier (CSSF) issued an FAQ document on Circular 02/77 concerning the protection of investors in case of NAV calculation errors and the correction of the consequences resulting from non-compliance with the investment rules applicable to undertakings for collective investment (the FAQ).