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Angola: Granting credit in the real sector of the economy

The new Notice establishes (i) the terms and conditions applicable to the this type of credit, (ii) the minimum requirements in terms of number and total value and (iii) the treatment in the calculation of the reserve requirements.

The no creditor worse off principle in the resolution of insurers

The proposal for a directive on the recovery and resolution of insurance and reinsurance companies enshrines the no creditor worse off principle as provided for in the Bank Recovery and Resolution Directive (BRRD). This opens the door for the Portuguese legislature to repeat the mistakes it made when incorporating the BRRD into Portuguese law.

Latest Briefings

Protecting reputation in the spotlight of an investigation

Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.

Protecting reputation in the spotlight of an investigation

Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]

Bill 64 marks a new direction in Quebec privacy law — Key takeaways for businesses

On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.

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Simmons & Simmons

Simmons eyes £20m revenue stream from blockchain

Simmons & Simmons has cashed in around £4m worth of revenue thanks to work in the blockchain space over the financial year 2018/2019, The Lawyer has learned. The figure comes as the firm’s information, communications and technology (ICT) practice recently branched out to capture mandates in the blockchain and crypto-currency sector, an area that now accounts […]

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