Publication
Reforming the Consumer Credit Act 1974
Among the documents that the Government published last December as part of its Edinburgh reforms was a consultation paper on reforming the UK’s Consumer Credit Act 1974 (CCA 1974).
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Global | Publication | May 2017
Brazil’s Ministry of Mines and Energy recently announced two initiatives to attract international investment in the mining sector, including opening a previously reserved area to private exploration and reducing restrictions on foreign ownership of projects along Brazil’s border area. Both initiatives are expected to draw increased international interest in Brazil’s mining sector and echo the message delivered by Minister Fernando Coelho Filho during his trip to Toronto for the Prospectors & Developers Association of Canada’s Convention, that Brazil is committed to seeing its mining sector prosper.
Further plans to attract greater foreign investment in the mining sector include removing the requirement of majority (51%) Brazilian ownership for projects within 150 kilometres of Brazil’s border. This area accounts for over 25% of the country’s territory and contains various important mineral deposits including gold, iron ore, copper and nickel.
Both initiatives taken together signal a new willingness to attract foreign investment in the mining sector and a hoped for return to exploration activity after a stagnant period following the commodities super cycle.
Norton Rose Fulbright Consultores em Direito Estrangeiro is a foreign legal consultancy based in Rio de Janeiro, Brazil. Our Brazil team practices English, New York and Canadian law and regularly assists foreign investors with their inbound investments to Latin America and the Southern Cone. For more information please contact Andrew Haynes and Richard Sobkiewicz.
Further plans to attract greater foreign investment in the mining sector include removing the requirement of majority (51%) Brazilian ownership for projects within 150 kilometres of Brazil’s border. This area accounts for over 25% of the country’s territory and contains various important mineral deposits including gold, iron ore, copper and nickel.
Both initiatives taken together signal a new willingness to attract foreign investment in the mining sector and a hoped for return to exploration activity after a stagnant period following the commodities super cycle.
Norton Rose Fulbright Consultores em Direito Estrangeiro is a foreign legal consultancy based in Rio de Janeiro, Brazil. Our Brazil team practices English, New York and Canadian law and regularly assists foreign investors with their inbound investments to Latin America and the Southern Cone. For more information please contact Andrew Haynes and Richard Sobkiewic.
Publication
Among the documents that the Government published last December as part of its Edinburgh reforms was a consultation paper on reforming the UK’s Consumer Credit Act 1974 (CCA 1974).
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The collapse of Silicon Valley Bank, Signature Bank and Silvergate Bank in the last week has caused turmoil in global financial market.
Publication
The European Union’s Foreign Subsidies Regulation (the FSR) entered into force on 12 January 2023 and creates a new regime aimed at combating distortions of competition on the EU internal market caused by foreign subsidies. It imposes mandatory notification and approval requirements for acquisitions of significant EU businesses and large EU public tenders, and gives the European Commission (EC) extensive powers to launch ex officio investigations. The notification requirements go live on 12 October 2023.
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