News & Analysis as of September 19, 2024

European Union › Withdrawal

+ Follow

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 -

The United Kingdom Announces Its Intention to Withdraw From the Energy Charter Treaty

Vinson & Elkins LLP on 3/4/2024

On 22 February 2024, the UK government confirmed the UK’s withdrawal from the Energy Charter Treaty (ECT), blaming a failure of efforts to modernise the treaty and align it with net zero aims. The UK joins nine EU member...more

Exodus From The Energy Charter Treaty – What is Left of Europe’s Protections for Investors?

Proskauer - Minding Your Business on 1/16/2024

As of January 2024, France, Germany and Poland have officially withdrawn from the Energy Charter Treaty (ECT). Their decision to withdraw from the treaty follows a recent European Commission proposal for a mass exodus from...more

Takeover Panel response statement (2020/1): conditions to offers and the offer timetable

Hogan Lovells on 4/7/2021

The Takeover Panel has just published its response statement (2020/1) making important changes to the Takeover Code regarding offer conditionality and timetable. They take effect on 5 July 2021 and will apply in relation to...more

European Community Consumer Credit Protection Laws: Similarities and Differences in the United States for Non-Mortgage Credit

K&L Gates LLP on 8/24/2019

Financial institutions that operate only in the United States (US) or only in the European Union (EU) might be excused for believing that they face unreasonable burdens under local consumer credit protection laws. Broadly...more

FS Regulators’ Business Plans: Infographic Timeline and Summary

BCLP on 4/24/2019

Click here for an infographic timeline summarising the FCA, PRA and PSR business plans for 2019/20, together with key EU and UK financial services developments. The Financial Conduct Authority published its business plan on...more

Chapter 8: Consent – Unlocking the EU General Data Protection Regulation

White & Case LLP on 4/15/2019

Why does this topic matter to organisations? Processing of personal data is lawful only if, and to the extent that, it is permitted under EU data protection law. Each and every data processing activity requires a lawful...more

GDPR and the EU Clinical Trials Regulation

Dechert LLP on 2/23/2019

On 23 January 2019, the European Data Protection Board (“EDPB”) issued an opinion on the interplay between the EU General Data Protection Regulation (“GDPR”) and the EU Clinical Trials Regulation (“CTR”). The CTR is not yet...more

International Sanctions and the Energy Sector – Part 1: Iran

Bracewell LLP on 10/26/2018

Economic sanctions, in one form or another, have been applied for centuries to effect change in the activities or policies of states, groups or individuals. Sometimes they are perceived as geopolitical economic weaponry,...more

6 Months to Brexit: Implications and Contingency Planning For Fund Managers

Proskauer Rose LLP on 9/14/2018

Introduction - The United Kingdom ("UK") formally notified the European Union ("EU") of its intention to leave the EU under Article 50 of the EU's Lisbon Treaty in March 2017. This triggered a two-year period during which...more

President Trump Issues New Iran Executive Order and Reimposes First Set of Sanctions Following JCPOA Withdrawal

Akin Gump Strauss Hauer & Feld LLP on 8/17/2018

• On August 6, 2018, following President Trump’s decision to withdraw the United States from the JCPOA, the U.S. government announced the reimposition of sanctions on Iran’s automotive sector, its trade in gold and precious...more

Iran Sanctions – U.S. Reimposes Sanctions After JCPOA Withdrawal, First Measures Come Into Effect

Dechert LLP on 8/9/2018

As expected, following his May 8, 2018, decision to withdraw the United States from the Joint Comprehensive Plan of Action (“JCPOA”), President Trump signed a new Executive Order (“E.O.”) on August 6, 2018, formally...more

Brexit Update: UK Provides More Details on its Proposed Temporary Permissions Regime

Proskauer Rose LLP on 7/31/2018

On 29 March 2019, the UK is set to leave the EU (a process most commonly referred to as "Brexit"). The UK and EU are currently in negotiations to agree upon a transitional period which is proposed to run from 29 March 2019...more

First UK Statutory Instrument Made Under the European Union (Withdrawal Act) 2018

A&O Shearman on 7/17/2018

The European Union (Withdrawal) Act 2018 (Commencement and Transitional Provisions) Regulations 2018 have been made. These Regulations are the first statutory instrument to be made under the EU (Withdrawal) Act 2018, which...more

8-in-8 Recent Trends in European Law and Policy Alert Series Update on Brexit and Financial Services

WilmerHale on 6/1/2018

This is the second issue of WilmerHale’s 8-in-8 Recent Trends in European Law and Policy Alert Series. Our attorneys will share insights on current and emerging issues affecting companies doing business in Europe and across...more

Countdown To Brexit

Akin Gump Strauss Hauer & Feld LLP on 4/19/2018

At 11:00 p.m. U.K. time on 29 March 2019 the United Kingdom is expected to leave the European Union (“BREXIT Day”). The below timeline sets out milestones in the lead up to BREXIT Day, and thereafter. Please note that there...more

Corporate & Financial Weekly Digest, Featuring Topics on SEC and UK/EU/Brexit Developments

Katten Muchin Rosenman LLP on 4/9/2018

SEC/CORPORATE - Delaware State Bar Association Council Releases Proposed Amendments to the Delaware General Corporation Law - The Corporate Council of the Corporation Law Section of the Delaware State Bar Association...more

The 15 Tests against Which Any Brexit Deal Should Be Measured

Pillsbury Winthrop Shaw Pittman LLP on 4/6/2018

A Report published by the UK’s Exiting the European Union select committee sets out a series of tests against which to measure the eventual Brexit deal. The Report sets out 15 tests with which to judge any Brexit deal,...more

UK and EU Negotiators Agree Brexit Transition Period

A&O Shearman on 4/2/2018

The European Commission and the U.K. government have jointly published the latest draft withdrawal agreement for the U.K.'s departure from the EU which, among other things, reflects the agreement reached on the post-Brexit...more

The EU Publishes a First Draft of the Withdrawal Agreement with the UK

Pillsbury Winthrop Shaw Pittman LLP on 3/2/2018

We now have more clues on what the terms of the EU’s divorce from the UK may look like—expect friction. The European Union has published a draft of the proposed Withdrawal Agreement covering the UK’s departure from the EU...more

Regulation Round Up - January 2018

Proskauer Rose LLP on 2/1/2018

1 January - The Packaged Retail and Insurance-based Investment Products ("PRIIPs") Regulation (1286/2014) (the "PRIIPs Regulation") came into force on 1 January 2018. This includes an obligation on PRIIP manufacturers to...more

The EU Establishes Its Position on Brexit Transition

Pillsbury Winthrop Shaw Pittman LLP on 2/1/2018

The European Council has set out its negotiating position whereby the UK will become a rule taker, not a rule maker, during the transition period. The European Council recently approved negotiation guidelines covering the...more

Brexit: The Clock is Ticking

Dechert LLP on 9/12/2017

The risk of a no agreement ‘cliff-edge’ is growing and the prospects for a transitional agreement, while somewhat improved, remain uncertain. The groundwork in Whitehall and the negotiations in Brussels have made only limited...more

Your daily dose of financial news - The Brief – 7.5.16

Robins Kaplan LLP on 7/5/2016

Even with US markets shrugging off the Brexit [maybe?] by the end of last week, the effects of the split are FAR from over. One recent ripple: Standard Life Investments UK Real Estate mutual fund—which invests in high-end...more

EU consumers’ right of withdrawal: new conditions to apply for distance selling and off?premises contracts on 13 June 2014

K&L Gates LLP on 6/20/2014

The new Directive n° 2011/83/EC of 25 October 2011 on consumer rights (the “new Directive on Consumers Rights”) provides a harmonized 14-day right for consumers to cancel their orders and to be reimbursed. These new...more

Italian Supreme Court Extends the Scope of Consumer Protection Provisions Under the Italian Financial Law

Orrick - Finance 20/20 on 7/5/2013

On June 3, the Joined Chambers of the Italian Supreme Court issued a decision concerning the obligation for banks and financial intermediaries, engaging in “door-to-door” selling of financial instruments, to provide a...more

25 Results

View per page

Page: of 1

European Union › Withdrawal

"My best business intelligence, in one easy email…"