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).
Global Asset Management Quarterly 2021
Global | Publication | November 2021
Europe
European Update
EU/UK regulatory roundup
United Kingdom
The new regime for preferential taxation of qualifying asset holding companies
Luxembourg
Australia
China
Latest news on foreign invested asset/fund management companies
United States
Canada
Reducing Regulatory Burden for Canadian Investment Funds and their Managers
Recent publications
Publication
The EU Foreign Subsidy Regulation: A new set of wide-reaching powers for the European Commission
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.
Publication
EU Commission's Draft Market Definition Notice for the Life Science Sector: Key Points and Implications
The European Commission’s (the “Commission’s”) 1997 notice on the definition of relevant market for purposes of competition law (the “1997 Notice”) is now more than 25 years old. In light of significant developments in both decisional practice and market dynamics, the Commission is updating the 1997 notice. The draft revised notice (the “Draft Notice”) was published for comments in November 2022, with the Draft Notice expected to be finalised in the third quarter of 2023.
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