Squire Patton Boggs | USA | 2 Sep 2021
Editor’s Note: Live Vox’ GC comments on this are here. This might be the oddest ATDS case I’ve seen yet. No, I’m serious. Let’s start with this…
Linklaters LLP | Singapore | 13 Nov 2018
Singapore introduced enhancements to the resolution regime for financial institutions last year. Enhanced resolution powers have been given to the…
MACEDO VITORINO | Portugal | 12 Nov 2018
As other European countries, Portugal has made several changes to its employment laws in the last few years and increased the flexibility of the…
VdA | Portugal | 10 Aug 2018
Following the 2008 banking crisis, the Banking Law was amended to protect depositors of all credit institutions and safeguard the stability of the EU banking system as a whole. Under the law, the Bank of Portugal may apply a number of resolution measures to failing institutions which do not involve obtaining prior consent from their shareholders or a third party. It can also create a......
Cleary Gottlieb Steen & Hamilton LLP | European Union | 26 Jan 2018
The European Commission recently published a legislative proposal amending the Bank Recovery and Resolution Directive to modify creditor hierarchy in insolvency with a view to facilitating the resolution of EU credit institutions. The proposal, which was fast tracked, resulted in the adoption of EU Directive 2017/2399, which amends the Bank Recovery and Resolution Directive as regards the......
Wilmer Cutler Pickering Hale and Dorr LLP | Global, USA | 29 Nov 2017
In October 2017, the US Department of the Treasury (Treasury) published a report titled "A Financial System That Creates Economic Opportunities"…
Borden Ladner Gervais LLP | Canada | 14 Aug 2017
The Canadian government is now seeking to fully implement a bail-in regime in Canada through three proposed regulations Background Following the…
Blake, Cassels & Graydon LLP | Canada | 27 Jun 2017
On June 16, 2017, Canada's Department of Finance and the Office of the Superintendent of Financial Institutions (OSFI) published for comments a…
Osler Hoskin & Harcourt LLP | Canada | 21 Jun 2017
The 2008 global financial crisis has led a number of governments (especially members of G20) to pass financial regulations over the last few years…
Sullivan & Cromwell LLP | USA | 9 Jun 2017
Late yesterday, the U.S. House of Representatives, voting almost entirely along party lines, passed H.R. 10, the "Financial CHOICE Act of 2017" (the…