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Four market developments which may impact you in 2012.
This update contains brief summaries of European and UK legislative initiatives, new legislation, proposals or consultations which are relevant to B2B and/or B2C contracts in general.
The EU Short Selling Regulation has been finalised and is due to be published in the Official Journal by mid to late March 2012.
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22 Feb 2012
The Upper Tribunal has held that a taxpayer was not, in the circumstances, entitled to insist that HMRC apply the transfer of assets abroad anti avoidance rules to his situation so as to take advantage of double tax relief.
On 11 February 2012, the Spanish Government approved the Employment Reform, published as the Royal Law Decree 3/2012 in the Spanish official state gazette (BOE).
21 Feb 2012
Il 29 febbraio 2012 entrerà in vigore la disciplina del nuovo istituto della composizione delle crisi da sovraindebitamento previsto dalla legge 27 gennaio 2012, n. 3.
13 Jan 2012
The EU Short Selling Regulation has been finalised and is due to be published in the Official Journal by mid to late March 2012 (it was originally due to be published by the end of January). It introduces a pan European disclosure regime for net short positions in EEA listed shares and sovereign debt, as well as a ban on naked physical short sales of EEA listed shares and sovereign debt, and a ban on credit default swap positions in EEA sovereign debt which, broadly speaking, do not serve to hedge exposure to the underlying debt (so called naked CDS positions).
26 Jan 2012
This article highlights four key market developments which may impact you in 2012.
24 Jan 2012
On Friday 23 December 2011, the French financial regulator (the Autorité des marchés financiers) finally published the texts completing France’s transposition of the UCITS IV Directive.
14 Feb 2012
Simmons & Simons partner Lewis Ho talks to colleague Jenna Ho Marris about the current issues facing foreign technology companies conducting R&D in China.
06 Feb 2012
Simmons & Simmons partner Lewis Ho talks to colleague Jenna Ho Marris about the current issues facing pharmaceutical companies launching new drugs in the China market.
03 Feb 2012
Simmons & Simmons partner Alex Brown talks to colleague Lawrence Brown about the proposed new EU Data Protection Regulation.