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eAlerts Récentes

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  19.09.2023

  International

  Trading of crypto-as­sets in detail

  The Markets in Crypto-Assets Regulation (MiCAR) sets down a harmonised regulatory framework for service providers known as crypto-asset service providers (CASPs), which carry out activities with crypto-assets that fall within the regulation's scope. The following article describes the MiCAR requirements applicable to persons providing services related to crypto-asset trading.DefinitionMiCAR introduces enhanced legal requirements that will apply to service providers carrying out professional activities related to trading crypto-assets. The crypto-assets trading activities that MiCAR identifies as...

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  11.09.2023

  EU

  Summer Snapshot: Tech and Data Highlights You Might Have Missed

  Have you taken a break from your usual spot in front of the computer screen over the past few weeks? No worries, this article provides a succinct overview of the significant advancements in the world of technology and data that have transpired over the summer. You’ll soon discover that the summer has been exceptionally eventful in this regard.EU Commission adopted adequacy decision for EU-US Data Privacy FrameworkOn 10 July 2023, the EU Commission announced the adoption of its adequacy decision pertaining to the EU-US Data Privacy Framework (“EU-US DPF”). This decision allows...

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  11.09.2023

  International

  CMS Annual Review of English Construction Law De­ve­lop­ments: An In­ter­na­tio­nal Perspective

  We are pleased to announce the publication of the 2023 edition of our internationally focused Annual Review of English Construction Law Developments. Now in its thirteenth year, the Annual Review summarises key developments in English construction law over the previous calendar year including developments in related common law jurisdictions. The publication has been prepared with our international clients in mind and aims to provide a greater degree of background and analysis than our regular Law-Now alert service.This year’s edition contains a strong focus on the FIDIC form, with new amendments,...

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  05.09.2023

  Europe

  Contemplated new framework to modernise payment services

  On 28 June 2023, the European Commission published a Proposal for a Directive on payment services and electronic money services in the internal market (the “Draft PSD3”) and a Proposal for a Regulation on payment services in the internal market (the “Draft PSR”).The Draft PSD3 and the Draft PSR aim at adapting the legislation to new providers of payment services or electronic payment services (the “Services”) in an open-banking context, while enhancing consumers’ protection via new requirements regarding the strong customer authentication.We will briefly...

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  05.09.2023

  International

  Deep sea mining: navigating in murky waters

  On 9 July 2023, the latest deadline for finalising the draft exploitation regulations for deep sea mining in international waters expired without agreement.1 This deadline resulted from a letter from the pacific state of Nauru in 2021 stating an intention to apply for approval of a ‘plan of work’ for exploitation of deep sea minerals. The letter triggered a sub-clause within the Agreement relating to the implementation of Part XI of the United Nations Convention on the Law of the Sea of 10 December 1982, (“the 1994 Implementing Agreement”) which gave the International...

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  31.08.2023

  Europe

  Pre-Pack reor­ga­ni­sa­tion in Serbia and Montenegro: An overview

  In response to the proposal by the EU Commission on 7 December 2022 that an EU Directive be issued to harmonise certain aspects of insolvency law, this article provides a look into one of the main topics of the draft directive – pre-pack reorganisation proceedings as regulated in Serbia, Montenegro, and Bosnia and Herzegovina, which are candidate countries for accession to the EU.Pre-pack reorganisation is a method within bankruptcy proceedings designed to maintain a struggling company's administrative structure, streamline the process of settlement of creditors' claims, and minimise disruptions...

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