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European Union › Consultation Periods

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Hogan Lovells

MDCG guidance for consultations of authorities on devices incorporating a medicinal product

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On 10 June 2020, the MDCG issued guidance MDCG 2020-12 on the transitional provisions concerning the consultation of authorities regarding devices incorporating a substance.....more

Dechert LLP

ESG Snapshot: Overview of the ESG driven amendments to MiFID

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What is the law/regulation? Following a consultation that ran between May and June 2018, the European Commission published a draft delegated regulation in January 2019 (the “ESG Regulation”). The ESG Regulation amends the...more

Dechert LLP

Guidelines on performance fees in UCITS and certain types of AIFs

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ESMA published on 3 April 2020, its Final Report, ‘Guidelines on performance fees in UCITS and certain types of AIFs’ (the “Guidelines”). The Guidelines are the culmination of a consultation process started by ESMA in July...more

Hogan Lovells

Financial institutions general regulatory news, April 2020

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FCA 2020/21 business plan - The Financial Conduct Authority (FCA) has published its 2020/21 business plan setting out its business priorities for the year ahead. The FCA's immediate focus is to address the challenges...more

Dechert LLP

FCA announces proposals to improve climate-related disclosures by listed companies and seeks feedback on clarification of existing...

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On 6 March 2020, the Financial Conduct Authority (“FCA”) launched a consultation paper outlining new climate-related disclosure requirements for premium listed issuers and consulting on guidance on existing obligations set...more

Hogan Lovells

Open Regulatory Consultations in the UK and the EU – Have Your Say

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As highlighted by our new Privacy 2040 initiative, there have never been more opportunities to shape the existing and future privacy and cybersecurity legal framework. ...more

Hogan Lovells

Borrell extends timeline for Iran deal dispute mechanism

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Earlier this month, France, Germany and the UK triggered the dispute process under the Iran nuclear deal, saying they had been "left with no choice" after Iran decided to further reduce compliance with the agreement. The...more

Dechert LLP

HMRC’s Implementation of EU Mandatory Tax Disclosure Rules

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HMRC has released a consultation document in respect of its draft regulations implementing the EU mandatory tax disclosure rules that will apply from 1 July 2020 to intermediaries and relevant taxpayers in relation to...more

Dechert LLP

FCA publishes Consultation Paper ahead of new EU Prospectus Regulation

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On 28 January 2019, the United Kingdom’s (the “UK”) Financial Conduct Authority (the “FCA”) published its “Changes to align the FCA Handbook with the EU Prospectus Regulation” consultation paper1 (the “Consultation Paper”)....more

Dechert LLP

Investment Funds Update - Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

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FCA issues direction confirming the notification process under its post-Brexit temporary permissions regime - As previously reported, the UK government and the FCA are proposing to implement a Temporary Permissions Regime...more

Dechert LLP

Investment Funds Update - Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

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FCA Consults on Rules for Post-Brexit Temporary Permissions Regime for Incoming EEA Firms and Funds - The UK government is proposing to implement a “temporary permissions regime” to cover “inbound” European Economic Area...more

Dechert LLP

Electronic Signatures: Law Commission Considers Need for Legislative Reform

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As part of its 13th Programme of Law Reform, the Law Commission published a Consultation Paper1 on the electronic execution of documents on 21 August 2018. Whilst the Law Commission provisionally clarified that existing law...more

Dechert LLP

Investment Funds Update Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

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FCA Reports on Hard to Value Assets Review - The FCA has reported on its 2017 review into how asset management firms value so-called ‘hard to value’ assets, consisting of a short video with transcript into the risks, the...more

Dechert LLP

Investment Funds Update Europe - Legal and regulatory updates for the funds industry from the key asset management centres and...

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Consultation Paper: amendments to Central Bank UCITS Regulations - The Central Bank published a Consultation Paper (CP 119) on 29 March 2018, proposing amendments to the Central Bank UCITS Regulations and the consolidation...more

Jones Day

European Commission Consultation: Developing the Secondary Market for Non-Performing Loans

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The European Commission ("Commission") has released a consultation paper to evaluate the merits of introducing measures to support secondary markets for distressed debt and the development of a new, contractual-based loan...more

Jones Day

EMA Calls for Public Consultation on Clinical Trial Protocol, Pharmaceutical & Medical Device Update, Vol. IV, Issue III

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June 2017 The EMA has opened for public consultation a draft guideline for the notification of serious breaches of the Clinical Trial Protocol (Regulation (EU) No 536/2014)...more

A&O Shearman

Joint Money Laundering Steering Group Consults on Proposed Revisions to Part II and III of the UK Financial Services Guidance

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The Joint Money Laundering Steering Group has published and opened up for consultation its proposed revisions to Parts II and III of its Guidance on the prevention of money laundering and the financing of terrorism for the UK...more

Akin Gump Strauss Hauer & Feld LLP

The New “Swissness” Legislation

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Swiss goods and services are valued by consumers who are ready to pay a premium for goods that are Swiss made. The current rules regulating the Swiss brand are often ignored by the market and enforcement is difficult and...more

A&O Shearman

ECB Publishes Guidance on Leveraged Transactions

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On 23 November 2016, the European Central Bank (“ECB”) published draft guidance on leveraged transactions (the “Guidance”) for public consultation. The consultation period will end at midnight on 27 January 2017, during which...more

Latham & Watkins LLP

PF Newsletter: LMA Updates - Quarter One 2016

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Legal & Regulatory - BRRD: FCA publishes modification by consent for Article 55 rules - Article 55 of the EU Bank Recovery and Resolution Directive 2014/59 (BRRD) requires European Economic Area (EEA) firms and...more

Latham & Watkins LLP

European Commission’s First State Aid Sector Inquiry Identifies Preliminary Concerns with Capacity Mechanisms

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The European Commission's Interim Report is critical of price-based mechanisms and calls for harmonized methods to determine generation adequacy levels and reliability standards. The European Commission (Commission)...more

Latham & Watkins LLP

Consultation Launched on Corporate Social Responsibility

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The European Commission is currently consulting on how large public-interest entities should disclose environmental and other non-financial information, as required by Directive 2014/95/EU Corporate Social Responsibility...more

Morgan Lewis

UK Financial Conduct Authority Signals Significant Changes to the FCA Handbook arising from EU Market Abuse Regulation

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Removal of the Model Code and Disclosure Rules are among the important modifications. On 5 November 2015, the UK Financial Conduct Authority (FCA) published its consultation paper addressing the changes it proposes to...more

Katten Muchin Rosenman LLP

European Supervisory Authorities Consult on AML-CFT Guidelines

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On October 21, the joint committee of the three European Supervisory Authorities (ESAs, comprising the European Banking Authority, the European Securities and Markets Authority, and the European Insurance and Occupational...more

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