News & Analysis as of

Cross-Border Transactions European Union Banking Sector

Mayer Brown Free Writings + Perspectives

Refresher: EU Capital Requirements Directive 6 (“CRD6”) – What Cross-Border Financial Institutions Need to Know

Many US and other non-EU financial institutions which lend or undertake trade finance business on a cross border basis into Europe do so in reliance upon exemptions under local law.  These exemptions typically permit these...more

Goodwin

The Publication of the CSSF’s Annual Report 2023

Goodwin on

On September 19th, 2024, the CSSF published its 2023 annual report, highlighting key regulatory challenges, particularly in the realm of crypto-assets following the implementation of the Markets in Crypto-Assets Regulation...more

Hogan Lovells

Global Payments Newsletter, December 2021

Hogan Lovells on

Key developments of interest over the last month include: In this Newsletter: For previous editions of the Global Payments Newsletter, please visit our Financial Services practice page. It is expected that the implementation...more

K&L Gates LLP

New UK Requirements on Cross-Border Payments – "Onshoring" and Practical Issues

K&L Gates LLP on

The Cross-Border Payments Regulation (EC) No 924/2009 (CBPR) is the EU legislation that sets out the principle of equality of charges for intra-EU cross-border euro payments and corresponding national payments within an EU...more

White & Case LLP

Key COVID-19 FAQs for financial institutions: A Cross-border view (Updated)

White & Case LLP on

Our global team has prepared the following FAQs to provide financial institutions with a cross-border perspective in navigating the governmental/regulatory response to the COVID-19 pandemic. Financial institutions...more

Latham & Watkins LLP

Crypto Coming of Age: UK Regulation Hits Cryptoasset Business

Latham & Watkins LLP on

New regulatory requirements, including registration and customer disclosure requirements, apply to regulated and unregulated persons carrying on relevant cryptoasset business. On 20 December 2019, the UK government published...more

White & Case LLP

Financial Regulatory Observer - December 2019: The uneasy road toward a single EU market for fintech

White & Case LLP on

Current rules fall short of providing a clear framework for a single European market for fintech companies. The development of a single market for fintech has recently been placed at the center of the EU financial...more

BCLP

PSD2 Open Banking update and operational issues with regulators’ registers

BCLP on

The open banking requirements under the Payment Services Directive (EU) 2015/2366 (“PSD2”) are now in force, under which an account servicing payment service provider (“ASPSP”) must grant an authorised third party service...more

K&L Gates LLP

Brussels Regulatory Brief: June 2019

K&L Gates LLP on

INSTITUTIONAL DEVELOPMENTS - The New European Parliament: More Fragmentation, Ad Hoc Coalitions, And Greener Policies? The results of the May 2019 European Parliament (“EP”) elections resulted in a more complex European...more

Latham & Watkins LLP

IFLR Cross-border Financing Report 2018 - Germany

Latham & Watkins LLP on

In the German market, market participants use cross border financing for a variety of different purposes, including acquisitions, refinancings and leveraged buyouts (LBOs). LBOs are usually financed by way of senior debt...more

Latham & Watkins LLP

IFLR Cross-border Financing Report 2018 - UK

Latham & Watkins LLP on

Despite the economic uncertainty surrounding Brexit, given London’s undiminished role as a centre for debt finance markets in the UK remain open for business with healthy levels of debt issuance occurring so far in 2018...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

OFR Issues Report Challenging Standard for Identifying Systematically Important Banks - On October 26, 2017, the Office of Financial Research ("OFR"), an arm of the Treasury Department, issued a Report of its Director that...more

Orrick, Herrington & Sutcliffe LLP

MiFID II – Svolgimento in Italia di servizi ed attività di investimento da parte di enti insediati in paesi terzi – obbligo di...

La prestazione in Italia di servizi ed attività di investimento da parte di soggetti insediati in paesi terzi sembra stia diventando sempre più di maggior interesse tra gli operatori specializzati, per le ovvie ragioni di cui...more

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