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Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite…
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Dentons | USA | 1 Jun 2023

IRS and Treasury Department wave white flag in battle over the Administrative Procedure Act notice and comment requirements: Submit comments on the proposed regulations regarding micro-captive insurance by June 12, 2023

For those paying attention, taxpayers have been using the Administrative Procedure Act (“APA”) as a sword to cut through attacks by the Internal…
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Dentons | European Union, Ireland | 31 May 2023

No plans to lift the ban on litigation funding despite EU directive on consumer collective actions providing for it

Ireland is now an outlier in common law jurisdictions as third party litigation funding remains prohibited; although there is a proposal to allow it…
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Dentons | Netherlands | 31 May 2023

Key regulatory developments in the Netherlands

In a letter, the AFM informed the industry about a supplement to the guidelines on compensation for early mortgage repayment. The vergelijkingsrente…
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Dentons | Spain | 31 May 2023

Regulatory Developments in Spain

Resolution of May 5, 2023, of the General Secretariat of the Treasury and International Financing, by which Annex 1 included in the Resolution of…
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Dentons | Italy | 31 May 2023

Key regulatory Developments in Italy

The Bank of Italy launched a public consultation relating to the draft “Supervisory Guidance for specialized crowdfunding service p…
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Dentons | Canada | 31 May 2023

Canada Business Corporations Act

Pursuant to the Canada Business Corporations Act (CBCA), all federally incorporated distributing corporations (ones that issue securities to the…
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Dentons | European Union | 31 May 2023

Key regulatory developments in the EU

The ECB’s final guide clarifies supervisory practices for qualifying holding assessments and aims to support applicants in qualifying holding…
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Dentons | Germany | 31 May 2023

Key regulatory developments in Germany

BaFin now applies ESMA’s guidelines on indicators for recovery plans of CCPs, which were published in March 2023. The purpose of these guidelines is…
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Dentons | Canada | 31 May 2023

Lithium from brines now a “mineral resource” : Canadian Income Tax proposed amendments confirming the importance of the qualification of “critical minerals” as “mineral resources” for purposes of the new 30% critical mineral exploration tax credit (CMETC)

The 2023 Canadian federal Budget proposes amendments to the Income Tax Act (Tax Act). These include the qualification of “lithium from brines”…
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