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Related briefings

Amendment to Securitisation Framework enters into force in Portugal

Law no. 69/2019 of 28 August has now entered into force, implementing the changes to the Portuguese securitisation framework following approval of Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 (“Securitisation Regulation”). This law has now amended the Portuguese Securitisation Law approved by Law no. 453/99 of 5 November (“Securitisation Law”), […]

Approval of the Privatisation Programme for 2019-2022 (PROPRIV)

The Privatisation Programme for the period 2019-2022 was recently published in the official gazette, Diário da República. The programme is known as “PROPRIV” and was approved by Presidential Decree no. 250/19 of 5 August. PROPRIV establishes a list of 195 companies, including public companies and Angolan law companies in which the State has a stake, whether direct […]

Changes to the legal rules on private security activity

By Célia Vieira de Freitas, Pedro Menezes Cardoso, Raquel Ribeiro Correia and Beatriz Costa  Law no. 46/2019 was published on 8 July and enters into force 60 days after its publication. It makes the first amendment to Law no. 34/2013, of 16 May, which establishes the rules on operating in the area of private security. […]

Mandatory arbitration and mediation for consumer disputes

Law 63/2019 of 16 August amends the provisions of article 14 of Law no. 24/96 of 31 July, which approved the rules on consumer protection. It introduces one significant change: if the consumer expressly opts for it, consumer disputes with a low economic value can be subject to necessary arbitration or mediation. Under the previous […]

Latest Briefings

Family office: establishing a real presence in Jersey

Like any other undertaking which has a real presence in Jersey, a family office will need to consider whether a business licence is required for its operations prior to it setting up in Jersey. Where there is a real presence in Jersey, and the family office is employing staff in Jersey then under most circumstances, […]

When Two Become One: Wingfield v Canterbury City Council & HNC Developments LLP

By Oliver Lawrence Introduction When should two developments be treated as one for the purposes of the Environmental Impact Assessment Regulations 2017 (“the EIA Regulations”)? The existence or approval of other developments can determine whether an Environmental Statement is required of a planning application and what that Environmental Statement should contain. These are important questions […]

Transfer of Risk On International Sales

A. INTRODUCTION When goods are accidentally lost or damaged during an international sales contract is being performed, the question is; who shall bear this loss? Is it the seller, the buyer or the carrier? United Nations Convention on Contracts for the International Sale of Goods 1980 (“CISG”) is a United Nations treaty that provides applicable […]

Disclosure Requirement of Public Joint Stock Company

To provide accurate information for investors operating in Turkey, public disclosure of the necessary information has a great importance for the continuation of the functioning of the capital market in a fair and competitive environment. Thus, the procedures and principles regarding Public Disclosure of Publicly-Held Joint Stock Companies are regulated in detail in both Article […]

In the Wake of the Reference Rates Reform – Focus on SEE

Reference interest rates play a central role on the financial markets. They are widely used across a range of financial products, including loans, deposits, securities and derivatives. Concerns about the sustainability of the existing reference rates following global rate-rigging scandals have led to a reform process. The reform is aimed at creating new, nearly risk-free reference rates (RFRs) as an alternative to current […]

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