Publications - Corporate and M&A
CNMV renders 2013 criteria on discretionary treasury stock transactions ineffective
The Spanish National Securities Market Commission (CNMV) informed on January 13, 2020 of its decision to render ineffective the criteria addressed to issuers of securities for their discretionary treasury stock transactions, published in 2013. These…
How climate change came to sit in the boardroom
Boards must take extreme care when informing about the effect of climate change on corporations’ transactions.
Sports & Entertainment Magazine - November 2019
Magazine of the Sports & Entertainment industry corresponding to the last quarter focusing on tax and legal matters of interest in the field of Sports.
The new Guidelines on Cookies of the Spanish Data Protection Agency forces the review of all cookie policies of commercial websites
The Spanish Data Protection Agency (AEPD), in cooperation with the entities Adigital, Autocontrol, IAB Spain and the AEA, has published the awaited 'Guidelines on the use of cookies' which is intended to clarify the main…
Why not bank loans to EU startups?
One way to boost the digital economy in the EU would be to help banks making loans to new businesses. To do this, the institutions themselves need to know about venture debt and other possible products, and the European and national authorities need…
Colombia issues three decrees that modify the requirements of equity of some financial institutions
The Colombian government issued Decrees 1420 of 2019, 1421 of 2019 and 1349 of 2019, modifying the equity requirements for asset managers of third parties, credit establishments and insurance entities, in order to adapt them to international…
Colombia regulates the temporary transfer of securities and investments in participations issued by ETFs
With the issuance of Decree 1351 of 2019, some provisions of Decree 2555 of 2010, were modified related to investments in participations issued by stock exchange funds, temporary transfer operations of securities in the counter market, and the…
Sports & Entertainment Magazine - July 2019
Magazine of the Sports & Entertainment industry corresponding to the last quarter focusing on tax and legal matters of interest in the field of Sports.
EURIBOR: the worst has been avoided, though much remains to be done
Two crucial steps for orderly implementation of a new EURIBOR benchmark compliant with the European Benchmarks Regulation (BMR) have just taken place. One is the authorization of EURIBOR administrator EMMI, and the other, the recent publication of…
Highlights of the Revised Negative Lists for Foreign Investment Access
“Special Administrative Measures for Foreign Investment Access (Negative List) (2019 Edition)” and the “Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2019 Edition)”…
Libra: the legal and regulatory aspects will be decisive for the new currency
The Libra Association, founded by Facebook and 27 other organizations, intends to promote the construction of a global financial infrastructure and issue from it a new cryptocurrency called Libra, enabling operators to carry out payment transactions…
The first stage has begun for law transposing EU directive on the encouragement of long-term shareholder engagement
The Ministry of Economy and Business has announced commencement of the comment period for the Preliminary Bill amending the revised Capital Companies Law, approved by Legislative Royal Decree 1/2010, of July 2, 2010 and other financial legislation,…