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European Free Trade Association Coronavirus/COVID-19

The European Free Trade Association is an intergovernmental organization established in 1960 to facilitate and promote free trade among its member states and as a counterbalance to the more politically-driven... more +
The European Free Trade Association is an intergovernmental organization established in 1960 to facilitate and promote free trade among its member states and as a counterbalance to the more politically-driven European Economic Community (EEC). The current member states of the EFTA are Liechtenstein, Iceland, Norway, and Switzerland.   less -
Hudson Cook, LLP

CFPB Orders National Bank to Pay Nearly $21 Million For Alleged Misconduct Relating to COVID-era Unemployment Payments

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On December 19, 2023, the CFPB issued an administrative consent order alleging that a Minneapolis-based National Bank inappropriately froze the accounts of "tens of thousands" of recipients of unemployment benefits via...more

Orrick, Herrington & Sutcliffe LLP

CFPB says EFTA applies to pandemic assistance prepaid cards

On January 10, the CFPB filed an amicus brief in a case before the U.S. Court of Appeals for the Fourth Circuit concerning the scope of accounts covered under EFTA and Regulation E. ...more

MoFo Life Sciences

EU: IN VITRO Diagnostic Regulation Entered Into Force (Part 1 OF 3)

MoFo Life Sciences on

In vitro diagnostic medical devices (IVDs), hence devices used for medical tests on samples such as blood or tissue that have been taken from the human body, have become the center of attention in the public eye during the...more

McDermott Will & Emery

Joint Statement Issued by ECN on Application of Competition Law in the Context of the War in Ukraine

McDermott Will & Emery on

On March 21 2022, the European Competition Network (ECN), the network of authorities comprising the European Commission, the EFTA Surveillance Authority and the national competition authorities of all EU Member States (NCAs),...more

Troutman Pepper

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - June 2021 #2

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Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients...more

White & Case LLP

COVID-19 Foreign Direct Investment (FDI) – An Overview of legislation enacted by Spanish Government during 2020

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COVID-19 pandemic led Spanish Government to enact three Royal Decree-Laws during 2020, imposing restrictive measures on Spanish FDI regime. Before the COVID-19 outbreak, the Spanish foreign direct investment ("FDI") regime...more

White & Case LLP

Increasing Scrutiny of Foreign Investments in the German Healthcare Sector

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The COVID-19 pandemic has changed most governments' views on the strategic relevance of the domestic healthcare sectors across the globe. Although the European Commission, and also the German government, have re-emphasized...more

White & Case LLP

Increasing Scrutiny of Foreign Investments in the German Healthcare Sector

White & Case LLP on

The COVID-19 pandemic has changed most governments' views on the strategic relevance of the domestic healthcare sectors across the globe. Although the European Commission, and also the German government, have re-emphasized...more

Akerman LLP

CFPB Issues FAQs Regarding Credit Cards, Prepaid, and Deposit Accounts

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On May 13, 2020, the Consumer Financial Protection Bureau (CFPB) issued two sets of FAQs. The first set of FAQs is directed to providers of checking, savings, and prepaid accounts. The second set of FAQs is directed to...more

Ballard Spahr LLP

CFPB issues interpretive rule excluding certain COVID-19 relief payments from EFTA compulsory use prohibition

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The CFPB has issued an interpretive rule addressing the application of the Electronic Fund Transfer Act/Regulation E compulsory use prohibition to COVID-19 relief payments made by federal, state, or local government agencies....more

Akerman LLP

CFPB Excludes Pandemic Relief Payments from Regulation E's Compulsory Use Prohibition

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On April 13, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule regarding the application of Regulation E and the Electronic Fund Transfer Act (EFTA)'s compulsory use prohibition to CARES Act and...more

A&O Shearman

Covid-19 coronavirus: the Spanish Government hardens the suspension upon the foreign direct investment in Spain

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After restricting the foreign investment regime in Spain by means of Royal Decree-law 8/2020 (RDL 8/2020) of 17 March, the Royal decree law 11/2020, of 31 March (RDL) has been published in the Spanish Official Gazette on 1...more

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