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Amendments to the recently passed draft PPP law have been approved by Jordan’s Lower House Investment Committee.
The European Commission has published a draft regulatory technical standard on own-funds requirements for firms based on fixed overheads under article 97 of the CRR.
On 6 August, the Union Cabinet of India approved 100 per cent foreign direct investment in railway infrastructure.
UK: ESMA paper on calculation of counterparty risk by UCITSs for OTC transactions subject to clearing obligations
On 22 July 2014, ESMA issued a discussion paper on counterparty risk calculation methods for UCITSs subject to central clearing.
On 31 July 2014, the Council of the European Union adopted Regulation (EU) No 833/2014, which implements Council Decision 2014/512/CFSP of 31 July 2014.
The government has launched a consultation on stamp duty land tax rules for property authorised investment funds and co-ownership authorised contractual schemes.
With many legal and regulatory developments still to come in 2014, it is important for financial institutions to consider and understand these changes.
MiFID 2 is likely to have significant consequences in Switzerland, in particular among Swiss banks, securities dealers and independent asset managers.
The government department for UK Trade and Investment and HM Treasury have jointly published a guide detailing opportunities to invest in UK infrastructure.
The summer edition of Eversheds’ UK Pensions Agenda is out. It summarises 10 key issues affecting UK pension plans and plan sponsors.
The Care Act 2014, which received royal assent on 14 May 2014, will impose new obligations on local authorities in respect of the provision of social care.
Measures to improve the business climate in Benin have been taken, which relate to business creation, licensing, cross-border trade, enforcement of contracts and more.
The European Commission will hold parent companies jointly liable for the competition law infringements of their subsidiaries when the parent exercises a ‘decisive influence’ over the subsidiary.
The AIFMD will soon be fully in force for EU fund managers and for non-EU fund managers marketing their funds into the EU.
Eversheds’ Spotlight briefing includes developments in Italian derivatives case law and an overview of the amendments made to Spain’s insolvency regulation.
Weekly Newsletter Italy: 31 March to 6 April 2014 — Jobs Act; more controls of project workers; and more
Eversheds has released its Italy newsletter, which contains information on HR consultancy, litigation and dispute management and financial services and markets regulation.
Following its May consultation on the AIFMD reporting guidelines on 1 October, ESMA published its final report on the same containing the procedure on reporting obligations.
London, some say, is a first-rate city trapped in a second-rate country, and its massive real-estate investment inflows are seen as the new (and long-term) ‘normal’.