European Economic Money

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Single Market Withdrawal : a new legal challenge to Brexit for the UK government

Should Parliament have a say over whether Britain could remain in the European Economic Area? Introduction - The UK Government faces yet another challenge over its determination to take the UK out of the EU and the...more

November 2016 UK Immigration Update

The changes are designed to incentivise businesses to reduce their reliance on migrant workers. On 3 November, the UK government announced changes to the UK immigration rules, implementing revisions that the Migration...more

UK to implement GDPR regardless of Brexit

The UK government has confirmed that it will implement the EU General Data Protection Regulation, notwithstanding the UK's decision to leave the EU. This announcement confirms that UK businesses will need to become GDPR...more

UK Makes Technical Amendments to its Ring-Fencing Legislation

The Financial Services and Markets Act 2000 (Ring-fenced Bodies, Core Activities, Excluded Activities and Prohibitions) (Amendment) Order 2016 was published. The Amendment Order amends the Financial Services and Markets Act...more

European Competition Law Newsletter – November 2016

Watch the Treatment of Switzerland in Distribution Agreements - On 29 September 2016, the Swiss Federal Administrative Court (FAC) handed down a judgment impacting any distribution agreement which could touch...more

Copyright: Europe Explores Its Boundaries - CJEU Draws the Line with the Resale of Back-Up Copies of Computer Programs

Europe’s highest court has ruled that software owners have potentially greater rights to prevent the resale of back-up copies of their works than may exist in relation to the original licensed programs. The Court of...more

What’s Your Game Plan? Offensive or Defensive: Playing to Your Strengths [Expect Focus – October 2016]

- AXA Prevails at First Post-Jones v. Harris Excessive Fee Trial - Potential Secondary Effects of Regulatory Examinations: Evidentiary Issues and Preclusion in Parallel Litigation - On The Horizon: Global...more

Asian supply chains and the territorial limits of EU competition law

A supply chain where goods, which were the subject of a cartel, were sold by the defendants in Asia and then indirectly resold to the claimants in the EEA did not amount to “implementation” of the cartel in the EEA and so...more

Brexit’s Impact on the Insurance Industry

Following the UK’s historic advisory vote to leave the EU, key questions must be answered before any real change occurs. These include: Must the government implement the advisory vote, and if so, how? Will the UK...more

Tough Talk: What is the difference between hard Brexit and soft Brexit - and why does it matter?

There remains a vast array of possibilities and potential scenarios as to the contours of the UK's relationship with the EU and its remaining 27 member states following any negotiated settlement for the UK's withdrawal....more

Energy Sector Alert Series: Brexit and Energy - Leaving the EU While Staying Connected

In this eight-week alert series, we are providing a broad look at current and emerging issues facing the energy sector. Lawyers from across the firm are discussing issues ranging from cybersecurity, antitrust and intellectual...more

Brexit: Hard Landing/Soft Landing or Down the Rabbit Hole: What’s Ahead?

This is the third in an ongoing series of blog posts by Foley & Lardner LLP on the implications of the June 23, 2016 referendum decision in the United Kingdom (“UK”) to exit the European Union (“EU”)...more

Brexit: Future Proofing Your European Business

The dust has now settled after the seismic shift of the UK’s vote to leave the European Union (also known as “Brexit”) on 23 June. The British Government has yet to formally trigger exit, and legal challenges are underway by...more

The Brexit from a Corporate / M&A perspective - Domicile Theory – Establishment Theory – Freedom of Establishment

Up until now - Foreign EU-companies from countries that follow establishment theories are recognized in Germany pursuant to freedom of establishment regulations (See AEUV Art. 49, AEUV 54). This provides a...more

Brexit: CHECKLIST

Following the UK Brexit referendum businesses will now find themselves assessing their future. Below is a checklist designed to raise some important questions that should be considered in order to assess potential risks and...more

Copyright: Europe Explores Its Boundaries - Digital Single Market Update: The European Commission’s Proposal to Modify and...

Copyright reform is a key part of the European Union’s package of measures designed to create a Digital Single Market (DSM) in the EU. The European Commission’s view is of nothing less than a modernisation of EU copyright...more

Use Data from the EU? It’s Time to Update Your Privacy Policies and Procedures

This is the first post in a three-part series. May 25, 2018. If you are a company that comes into contact with European data, whether you are operating in Europe or elsewhere, and you have not taken note of this date...more

UK Regulators Propose Extending Some of Their Whistleblowing Requirements to UK Branches of Overseas Banks

The Prudential Regulation Authority and the Financial Conduct Authority launched separate consultations on proposals to extend some of their whistleblowing requirements to UK branches of non-EEA banks. The proposals do not...more

UK Regulators Consult on Compensation Guidance

The Prudential Regulation Authority and the Financial Conduct Authority published proposed revised guidance on remuneration, principally to bring their guidance into line with the European Banking Authority's Guidelines on...more

Brexit: Implications for Environmental Law

The consequences of Brexit for the environment and environmental laws barely featured in pre-referendum campaigning. Given that a great deal of UK environmental law emanates from Brussels, a lot of recent commentary has...more

UK Home Office Launches Online Application and Check and Send Service

EEA and Swiss nationals applying for a registration certificate or permanent residence can now apply online and avoid the need to surrender their passports. The UK Home Office recently launched two new services for...more

Brexit and Data Protection: The Impact on GDPR Compliance

As we wait for the UK to decide what arrangement it will seek with the European Union (the "EU") when it leaves, it may be useful to focus on what Brexit may mean for data protection. Two months after the European...more

US Hedge Fund Managers: Accessing Capital and Marketing in Europe

Recent regulatory change has made the marketing of hedge funds in the European Economic Area (the “EEA”) more involved, particularly for managers based outside the EEA. This appears to have led some US investment advisors to...more

Update on EEA applications for UK Permanent Residence

Due to continuing uncertainty following the Brexit vote, EEA nationals who qualify are acting now to secure their right to stay in the UK. No doubt to help with the influx of applications received from EEA nationals, the Home...more

The Potential Effect of Brexit on UK Environmental Law

The majority of modern environmental legislation in the UK is derived from EU law, either from directives that have been implemented by UK domestic legislation or from regulations that apply directly in EU member states such...more

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