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Lexology PRO | United Kingdom | 14 Feb 2024

UK claimants begin bid to extend Visa and Mastercard interchange liability

Visa and Mastercard’s claims that the sky would have fallen in had they not imposed multilateral interchange fees is “simply not borne out by the evidence”, counsel to umbrella claimants has said.
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Lexology PRO | 2 Feb 2024

EU to keep a closer eye on Big Tech in finance

Major tech players’ increasing role in financial services has pushed regulators to highlight the need for increased cross-border monitoring.
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Schoenherr | Serbia | 1 Feb 2024

Dispute resolution clauses in project finance transactions in the Western Balkans

Dispute resolution is a critical yet often overlooked aspect of international project finance. It is commonly considered a routine matter, briefly…
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MLL Meyerlustenberger Lachenal Froriep Ltd | Switzerland | 30 Jan 2024

Steuerlich anerkannte Zinssätze 2024 für Darlehen

Am 29. Und 30. Januar 2024 publizierte die Eidg. Steuerverwaltung die beiden für 2024 gültigen Fassungen ihrer jährlichen Rundschreiben zu den…
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MLL Meyerlustenberger Lachenal Froriep Ltd | Switzerland | 30 Jan 2024

2024 Safe Harbour Interest Rates for Swiss Tax Purposes

On 29 and 30 January 2024, the Swiss Federal Tax Administration published the 2024 editions of the two circulars on safe harbour interest rates. The…
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White & Case | European Union, USA | 30 Jan 2024

European leveraged finance: A whole new world

European leveraged finance in 2023 was saddled with the negative effects of elevated interest rates. But as the market adjusts to the "new normal"…
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MinterEllisonRuddWatts | New Zealand | 30 Jan 2024

Changes to financial services regulation announced

At the Financial Services Council (FSC) Outlook 2024, Hon. Andrew Bayly, Minister of Commerce and Consumer Affairs, announced changes to financial…
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MLL Meyerlustenberger Lachenal Froriep Ltd | Switzerland, United Kingdom | 24 Jan 2024

Agreement between Switzerland and the United Kingdom (UK) on Mutual Recognition in Financial Services

On 21 December 2023, Switzerland signed a first-of-its-kind financial services agreement with the UK (Agreement) after two years of talks which began…
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Eversheds Sutherland (US) LLP | United Kingdom | 24 Jan 2024

Revised UK Corporate Governance Code published

The Financial Reporting Council (FRC) have published a revised UK Corporate Governance Code (Code). Under the Financial Conduct Authority’s Listing…
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Lexology PRO | European Union, Spain | 12 Jan 2024

Major Spanish banks escape €91 million cartel fines

Spain's National Court has annulled the national competition authority’s €91 million fines against four of the country’s largest banks for allegedly colluding to fix the cost of certain interest rate derivatives.
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