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    The Payments Newsletter including Digital Assets & Blockchain, November 2023
    2023-12-06

    Key developments of interest over the last month include: IOSCO publishing its final Policy Recommendations for Crypto and Digital Asset (CDA) Markets; the UK government publishing a response to its previous consultation and call for evidence on proposals for the future financial services regulatory regime for digital assets as well as the FCA and Bank of England publishing proposals on the UK stablecoins regulatory regime; the European Parliament's ECON Committee publishing draft reports on the proposed PSD3 and Payment Services Regulation; and the UK government publishing a Future of Paym

    Filed under:
    European Union, Global, United Kingdom, Banking, Capital Markets, Compliance Management, Insolvency & Restructuring, IT & Data Protection, White Collar Crime, Hogan Lovells, Blockchain, Fintech, Cryptocurrency, Open banking, Anti-money laundering, Anti-bribery and corruption, Financial Conduct Authority (UK), European Commission, European Parliament, European Banking Authority, International Organization of Securities Commissions, HM Treasury (UK), Airbnb, HSBC, Amazon.com, LinkedIn, Bank of England, European Central Bank, Payment Systems Regulator (UK), PayPal, Bank of Italy, Financial Services and Markets Act 2000 (UK), Banking Act 2009 (UK), Financial Services and Markets Act 2023 (UK)
    Authors:
    Virginia Montgomery , Grace Wyatt
    Location:
    European Union, Global, United Kingdom
    Firm:
    Hogan Lovells
    Commercial Real Estate Debt Burden Concerns: The BVI Perspective
    2023-11-22

    With commercial property companies’ debt burdens reaching pre-2008 levels and warnings being issued this month by the European Central Bank, in this article we outline some of the key issues to be considered and steps which may be taken by BVI real estate holding companies to protect their position in the face of rising financing costs and other inflationary pressures.

    Filed under:
    British Virgin Islands, European Union, Insolvency & Restructuring, Conyers, European Central Bank
    Authors:
    Rachael Pape
    Location:
    British Virgin Islands, European Union
    Firm:
    Conyers
    FIG Bulletin 18 May 2020
    2020-05-18

    Recent regulatory developments of interest to all financial institutions. Includes key COVID-19 updates from the UK FCA, AML/CTF updates and more.

    COVID-19: FCA statement on handling of post and paper documents

    On 13 May 2020, the Financial Conduct Authority (FCA) published a statement on how firms should handle post and paper documents during the COVID-19 pandemic.

    Filed under:
    European Union, United Kingdom, Banking, Capital Markets, Compliance Management, Derivatives, Insolvency & Restructuring, Insurance, IT & Data Protection, Tax, White Collar Crime, Hogan Lovells, Corporate governance, Digital currency, Money laundering, Due diligence, Arbitrage, Personal data, Coronavirus, Financial Conduct Authority (UK), European Commission, Financial Stability Board, HM Revenue and Customs (UK), European Banking Authority, Bank for International Settlements, Financial Action Task Force, Credit rating agency, Bank of England, European Systemic Risk Board, European Securities and Markets Authority, International Association of Insurance Supervisors, European Central Bank, GDPR
    Location:
    European Union, United Kingdom
    Firm:
    Hogan Lovells
    Long-awaited EU Preventive Restructuring Frameworks Directive takes effect amidst warnings of a European recession
    2019-08-23

    The Preventive Restructuring Frameworks Directive (EU) 2019/1023 is finally in force. Following its implementation into EU member states’ national law, the directive will hopefully prove an effective tool for Europe’s restructuring practitioners, just as the continent’s economic outlook darkens.

    Filed under:
    European Union, Insolvency & Restructuring, Hogan Lovells, Debtor, European Single Market, European Central Bank
    Authors:
    Christian Herweg
    Location:
    European Union
    Firm:
    Hogan Lovells
    Lang ersehnte EU-Richtlinie über präventive Restrukturierungsrahmen tritt in Kraft
    2019-09-06

    Am 16. Juli 2019 ist die Richtlinie (EU) 2019/1023 über präventive Restrukturierungsrahmen in Kraft getreten. Ihre Umsetzung in das nationale Recht der Mitgliedstaaten wird von Sanierungsspezialisten vor dem Hintergrund sinkender Wachstumsprognosen und Warnungen vor einem Wirtschaftseinbruch mit Spannung erwartet.

    Filed under:
    European Union, Germany, Insolvency & Restructuring, Hogan Lovells, Brexit, European Central Bank
    Authors:
    Christian Herweg
    Location:
    European Union, Germany
    Firm:
    Hogan Lovells
    The Payments Newsletter including Digital Assets & Blockchain, November 2023
    2023-12-06

    Key developments of interest over the last month include: IOSCO publishing its final Policy Recommendations for Crypto and Digital Asset (CDA) Markets; the UK government publishing a response to its previous consultation and call for evidence on proposals for the future financial services regulatory regime for digital assets as well as the FCA and Bank of England publishing proposals on the UK stablecoins regulatory regime; the European Parliament's ECON Committee publishing draft reports on the proposed PSD3 and Payment Services Regulation; and the UK government publishing a Future of Paym

    Filed under:
    European Union, Global, United Kingdom, Banking, Capital Markets, Compliance Management, Insolvency & Restructuring, IT & Data Protection, White Collar Crime, Hogan Lovells, Blockchain, Fintech, Cryptocurrency, Anti-money laundering, Anti-bribery and corruption, Financial Conduct Authority (UK), European Commission, European Parliament, European Banking Authority, HM Treasury (UK), Airbnb, HSBC, LinkedIn, Bank of England, European Central Bank, Payment Systems Regulator (UK), PayPal, Financial Services and Markets Act 2000 (UK), Banking Act 2009 (UK)
    Authors:
    Virginia Montgomery
    Location:
    European Union, Global, United Kingdom
    Firm:
    Hogan Lovells
    Insolvency 2022: Law and Practice
    2022-11-25

    1. State of the Restructuring Market

    1.1 Market Trends and Changes

    Filed under:
    European Union, France, Global, Banking, Insolvency & Restructuring, Insurance, White & Case, Supply chain, Due diligence, Coronavirus, Cross-border insolvency, Insolvency, Solvency II Directive (2009/138/EU), European Central Bank
    Authors:
    Alexis A Hojabr , Saam Golshani , Alice Leonard , Amandine Grima
    Location:
    European Union, France, Global
    Firm:
    White & Case
    Lang ersehnte EU-Richtlinie über präventive Restrukturierungsrahmen tritt in Kraft
    2019-09-06

    Am 16. Juli 2019 ist die Richtlinie (EU) 2019/1023 über präventive Restrukturierungsrahmen in Kraft getreten. Ihre Umsetzung in das nationale Recht der Mitgliedstaaten wird von Sanierungsspezialisten vor dem Hintergrund sinkender Wachstumsprognosen und Warnungen vor einem Wirtschaftseinbruch mit Spannung erwartet.

    Filed under:
    European Union, Germany, Insolvency & Restructuring, Hogan Lovells, Brexit, European Central Bank
    Authors:
    Christian Herweg
    Location:
    European Union, Germany
    Firm:
    Hogan Lovells
    Long-awaited EU Preventive Restructuring Frameworks Directive takes effect amidst warnings of a European recession
    2019-08-23

    The Preventive Restructuring Frameworks Directive (EU) 2019/1023 is finally in force. Following its implementation into EU member states’ national law, the directive will hopefully prove an effective tool for Europe’s restructuring practitioners, just as the continent’s economic outlook darkens.

    Filed under:
    European Union, Insolvency & Restructuring, Hogan Lovells, Debtor, European Central Bank
    Authors:
    Christian Herweg
    Location:
    European Union
    Firm:
    Hogan Lovells
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