
Publication
Calming the storm after the SVB collapse: Prudential policy the key to stability
The collapse of Silicon Valley Bank, Signature Bank and Silvergate Bank in the last week has caused turmoil in global financial market.
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Global | Publication | January 2016
It could be argued that referring to Law No.3 of 2015 concerning the regulation of the real estate sector in the Emirate of Abu Dhabi (“Law No.3/2015”) as Abu Dhabi´s “new real estate law” is something of a misnomer as the law was issued back in June 2015. It provides parties who will be affected by such law with a grace period of at least 6 months from its publication in the Official Gazette (i.e. 30 December 2015 (the “Effective Date”)). However, given the wide-ranging effect of Law No.3/2015 and the fact that its practical impact on the Abu Dhabi real estate market will not be known until well after the Effective Date and the implementation of the recently-issued Executive Regulations, Law No.3/2015 will undoubtedly feel “new” for some time to come.
Publication
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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