On 30 January 2023, the European Commission published a document on the application of Regulation UE 536/2014 on clinical trials to provide sponsors and investigators with a quick guide on the rules and procedures established in the same Regulation with a view to facilitating its implementation.
On 15 February 2023, the European Parliament adopted the regulatory reform of the European long-term investments funds (ELTIFs) regulation to make these ELTIFs more attractive to asset managers and retail investors by facilitating their investments in the real economy and encouraging private capital flows toward more environmentally sustainable investments.
Since coming into force in 2015, the existing ELTIF regulation has offered long-term investment opportunities for professional and retail investors across Europe.
However, due to significant constraints on the distribution process and stringent rules on portfolio composition, only a limited number of ELTIFs have been launched to date.
Please note that this event on 30 March 2023 from 5:30pm – 8:00pm CET on selected legal aspects and current EU legal developments on cybersecurity will be held in German only.
The UK’s trade remedies body, the Trade Remedies Authority announced on 22 February that it has begun a reconsideration of its recommendation in Case AD0012, concerning imports of certain aluminium extrusions originating in China. Notably, this was the TRA’s first anti-dumping investigation in response to an application from UK industry. A reconsideration application is a request for the TRA to review its findings in a concluded investigation.
In an article for PLC Magazine, Kim Sartin, Zelander Gray and Sam Rayner look at how employers that are considering venturing into the metaverse will need to address new challenges that arise out of employees working in a virtual environment.
The publication of the July 2022 version of the European Commission’s Blue Guide on the implementation of European Union product rules aims to adapt to changes in European legislation on the marketing of products within the EU. In this sense, the aim is to improve the understanding of EU legislation and its application in the fields that make up the single market. The Guide is for guidance only, which means that it has no legal force. Among the most relevant changes are the introduction of specific sections on product repairs, software, online sales and Brexit.
Law No. 7435 on the Amendment of the Law on the Union of Chambers and Commodity Exchanges of Türkiye and the Chambers and Commodity Exchanges and Certain Laws and the Decree Law No. 640, published in the Official Gazette dated 1 February 2023 and numbered 32091, introduced significant amendments to Law No. 6585 on the Regulation of Retail Trade.
In an article written to coincide with International Women’s Day 2023, Baker McKenzie’s Monica Kurnatowska looks at law firm diversity and the importance of an evidence-based approach to inclusion and diversity.
This publication features the latest Financial Regulatory developments in Italy.
Baker McKenzie’s Sanctions Blog published the alert titled Focus by US, EU, UK and other authorities on third countries and anti-circumvention of Russia sanctions on 8 March 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.