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EU Alternative Investment Fund Managers Directive

  • Baker & McKenzie
  • -
  • European Union
  • -
  • June 4 2013

Under the European Union's Alternative Investment Fund Managers Directive ("AIFMD" or the “Directive"), non-EU managers will be prohibited from

UK's new PRA sets out CRD IV implementation timetable

  • Baker & McKenzie
  • -
  • United Kingdom
  • -
  • May 31 2013

Edition 3 of the SCM Briefing provided an outline of the new legal framework for financial services regulation in the UK under the Financial Services

Key aspects of the new UK regulatory regime under the Financial Services Act 2012

  • Baker & McKenzie
  • -
  • United Kingdom
  • -
  • May 31 2013

As outlined in Edition 2 of the SCM Briefing, the Financial Services Act 2012 took effect in the UK on 1 April 2013 (a date known as 'legal

Key EU legislative developments - status update

  • Baker & McKenzie
  • -
  • European Union
  • -
  • May 13 2013

In force; National implementation required from 31 December 2010. Will be superseded by CRD IV and CRR. CRD III Higher capital requirements for

VAT treatment of banking services: the Deutsche Bank case

  • Baker & McKenzie
  • -
  • Germany
  • -
  • March 29 2013

Following the Court of Justice of the European Union's judgment on the "Deutsche Bank" case, the German Federal Finance Court decided that the

EU Alternative Investment Fund Managers Directive impact on non- EU fund managers

  • Baker & McKenzie
  • -
  • European Union, Global
  • -
  • March 28 2013

The European Union's Alternative Investment Fund Managers Directive ("AIFMD" or the "Directive") provides for comprehensive changes in the regulatory

New ESRB makes recommendations on funding of credit institutions

  • Baker & McKenzie
  • -
  • European Union
  • -
  • March 27 2013

The new European Systemic Risk Board (ESRB, the macro-prudential oversight body for the EU financial system and the new European Supervisory

New UK financial regulatory architecture from legal cutover on 1 April

  • Baker & McKenzie
  • -
  • United Kingdom
  • -
  • March 27 2013

As mentioned in Edition 2 of the SCM Briefing, the Financial Services Act 2012 introduces an entirely new framework for financial services regulation

Participation exemption for portfolio dividends abolished

  • Baker & McKenzie
  • -
  • European Union, Germany
  • -
  • March 27 2013

As a reaction to a decision of the European Court of Justice of 2011, the German legislature abolished the participation exemption for portfolio

Universal Trading & Inv. Co. v. Bureau for Representing Ukrainian Interests in Int'l & Foreign Courts, No. 10-12015, 2012 U.S. Dist. LEXIS 133736 (D. Mass. Sept. 19, 2012)

  • Baker & McKenzie
  • -
  • Ukraine, USA
  • -
  • March 25 2013

Plaintiffs were Universal Trading and Investment Company, Inc. ("UTICo"), a Massachusetts corporation engaged in international asset recovery