Publications - Corporate and M&A
These are Spain's measures to prepare for a no-deal Brexit in the fields of employment, judicial cooperation, financial services and customs
The Spanish government has adopted a range of contingency measures to prepare for the event of the United Kingdom leaving the European Union without an agreement on March 30, 2019. They are temporary measures approved through Royal Decree-Law 5/2019…
2017, a record year for M&A activity in Spain
Garrigues’ contribution to the Global Legal Insights to: Mergers & Acquisitions 2018.
Urban Rail Transit Vehicles Investment Projects are Facing Capacity Monitor
On March 9, 2018, the General Office of the National Development and Reform Commission (NDRC) released the Circular on Issues Relating to Strengthen the Monitor of Urban Rail Transit Vehicles Investment Projects ([Fa Gai Ban Chan Ye [2018…
Recent development on amendments of the Drug Administration Law (draft for consultation)
To deepen the reform of drug evaluation and approval system, encourage innovations in drugs, and safeguard the rights and interests of the public in regard to drug consumption, China Food and Drug Administration (the “CFDA”) has…
China Supreme Court issues the forth interpretation of the company law to clarify certain applications to the law
On August 25, 2017, China’s Supreme People’s Court (the “SPC”) issued the Provisions on Certain Issues Concerning the Application of the Company Law of the People’s Republic of China (IV) (“Interpretation IV…
China - New trend on the outbound investments
For the purpose of further guiding, regulating and promoting the development of outbound investments (“ODI”), on August 4, 2017, the General Office of the State Council issued a circular on forwarding the Guiding Circular of the National…
One More Step to the Negative List Scheme
On September 3rd, 2016, the National People’s Congress Standing Committees of the People’s Republic of China (the “PRC”) adopted the Decision on Revising Four Laws Including the Law of the People's Republic of China on…
Brexit: A tale of two (financial) Cities. Madrid’s bid to replace The City
The Brexit referendum was preceded by verbal clashes with neither camp being meticulous about spelling out the truth. With the result in, the practical consequences remain unclear and the ground is ripe for more half-truths and wild bets.
The potential impact of Brexit from a financial and regulatory standpoint
The single market in financial services has been at the core of the United Kingdom (UK) and European Union (EU) financial services industry for many years. The news that the UK will leave the EU will no doubt have an impact on the financial players…
Safe Circular 16 - Latest reform on the foreign exchange settlement under capital accounts
Aiming at nationwide reforming and unifying the current foreign exchange settlement policies under the capital accounts, on June 15, 2016, the State Administration of Foreign Exchange (“SAFE”) launches Circular on Reforming and…
PBOC promotes new cross border financing rule throughout China
On April 29th, 2016, the People’s Bank of China (“PBOC”) issued the Notice on Implementing Nationwide the Macro Prudential Management of Cross Border Financing in Full Aperture (“PBOC Notice”) (《…
Publication of the European General Regulation on Data Protection and parallel Directives
On May 4, having been several years in the making, the Official Journal of the European Union finally published the regulatory instruments forming the new European framework for personal data protection, namely: