Publications

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…

Change of the interpretation of the deadline for reporting of the derivative trades executed after EMIR commencement date

We are pleased to deliver Newsletter of the Warsaw Office of Garrigues, where topics relevant for the business activity are discussed. We present and discuss planned and introduced changes in the law and practice of law enforcement and…

CRITERIA FOR APPLICATION OF CIRCULAR 4/2004 ON LOAN REFINANCING AND RESTRUCTURING

The EU Parliament approved on April 16, 2013 an important legislative package that imposes more demanding capital requirements for banks with the intention of facilitating the credit flow to the real economy and of reinforcing the sector in dealing…

ROYAL DECREE 256/2013, OF APRIL 12, 2013, INCORPORATING THE CRITERIA OF THE EUROPEAN BANKING AUTHORITY OF NOVEMBER 22, 2012 ON THE ASSESSMENT OF THE SUITABILITY OF MEMBERS OF THE MANAGEMENT BODY AND KEY FUNCTION HOLDERS INTO THE LEGISLATION ON…

Last Saturday, the Official State Gazette published Royal Decree-Law 6/2013, of March 22, 2013, on protection for holders of certain savings and investment products and other financial measures.

UPDATES CORPORATE 4/2013 ROYAL DECREE-LAW 6/2013, OF MARCH 22, 2013, ON PROTECTION FOR HOLDERS OF CERTAIN SAVINGS AND INVESTMENT PRODUCTS AND OTHER FINANCIAL MEASURES

As we reported in our Corporate-Tax Updates 1/2012 publication summarizing the key elements of Law 16/2012, of December 27, 2012 (Tax Measures Law) on the special regime for SOCIMIs aimed at boosting this sector, one of the most important new pieces…

Royal Decree-Law 3/2013 on measures to support entrepreneurs and create employment, and other measures contained in Royal Decree-Law 4/2013