Artículos Recientes

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  18/09/2024

  Alemania

  Germany’s new secondary credit market act designed to increase acquisition of NPLs

  The business landscape in Germany is facing a major challenge: insolvencies and defaults on loans are on the rise. But where there are risks, there are also opportunities. The increase in non-performing loans (NPLs) is opening and creating an exciting playing field for investors. With the new German Secondary Credit Market Act (KrZwMG), the legislature wants to create an efficient market to reduce the high number of NPLs. In this article, the second in a series on NPLs in Germany, we look at current trends, risks and opportunities relating to NPL transactions.Non-performing loans and corporate...

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  18/09/2024

  China

  New Negative List 2024 - China abolishes all restrictions on foreign investment in the manufacturing sector

  On 8 September 2024, the National Development and Reform Commission and the Ministry of Commerce jointly issued the Special Administrative Measures (Negative List) for Foreign Investment Market Access, 2024 Version (“Negative List 2024”). The Negative List 2024 will enter into effect on 1 November 2024. Simultaneously with the entering into effect of the Negative List 2024, the previous version which entered into effect on 1 January 2022 will cease to be effective.It is noteworthy that the Special Administrative Measures (Negative List) for Foreign Investment Market Access to Pilot...

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  18/09/2024

  China

  China proposes new regulations on AI-generated content labelling

  China has proposed new regulations to standardize the labelling of AI-generated synthetic content, aiming to protect the legitimate rights and interests of citizens, legal persons, and other organizations, as well as to safeguard public interests.On 14 September 2024, the Cyberspace Administration of China (“CAC”) released a draft regulation titled Measures for Labelling Artificial Intelligence Generated Synthetic Content (the “Draft Measures”), aimed at regulating the labelling of AI-generated content. On the same day, CAC also released the draft of a mandatory national...

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  18/09/2024

  Alemania

  German implementation of NPL Directive creates secondary market for non-performing loans

  The German regulator has implemented the Directive (EU) 2021/2167 on Credit Servicers and Credit Purchasers (NPL Directive) via the Secondary Credit Market Act (Kreditzweitmarktgesetz – KrZwMG) for non-performing loans. The KrZwMG, which was enacted shorty before the deadline for transposition of the NPL Directive into national law on 30 December 2023, regulates dealings with non-performing loans (NPLs) in Germany from a supervisory perspective.Secondary market for non-performing loansThe objective of the NPL Directive and KrZwMG is the creation of a functioning secondary market for non-performing...

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  17/09/2024

  United Kingdom

  All change? Tipping and predictable working

  For many employers, particularly in the retail and hospitality sectors, the Government has offered a welcome reprieve to the introduction of rights to predictable working patterns that were due to come into force in September 2024, saying those rights will not be taken forward at least in their current form. However, the new rules on ‘tipping’ will come into force in October 2024 as expected.Allocation of tipsFrom 1 October 2024, employers will be required under the Employment (Allocation of Tips) Act 2023 to ensure that tips, gratuities and service charges are passed on to their workers...

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  17/09/2024

  Ukraine

  Ukraine strengthens National Essential Medicines List framework

  On 21 August 2024, the Ukrainian parliament passed amendments to the legislation governing the National Essential Medicines List (NEML), which fills significant gaps in its regulation and clarifies the role and impact of the NEML on market access, pricing, reimbursement, and the public procurement of medicines in Ukraine.In addition, these amendments provide clearer criteria for listing medicines and introduce important new processes, such as an appeal pathway that will improve transparency and decision-making related to the NEML.Key Amendments to the LegislationThe following is a summary of the...

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