LexisNexis’ Post

#ILIB discusses the new US law to support Ukraine with seized Russian assets. Check it out here: https://bit.ly/4byqEbh. Written by the wonderful Brita Jelen!

For the first time ever, a French court has examined the compatibility of the statutory netting safe harbor with the French Constitution. The decision affirms that protection against systemic risk, in addition to insuring legal certainty and stability of the financial system are in the public general interest. This sets a major precedent, confirming the soundness of the legal basis and fundamentals of close-out netting under French law, and is a positive, important development for French financial markets. Download our commentary below to learn more. #EU #derivatives #insolvency

📢 The HELP Course on Temporary Protection in the European Union Are you a legal professional or a stakeholder interested in the practical application of the EU Temporary Protection regime? Look no further! The HELP Course is here to enhance your knowledge. 🔍 What’s Covered? ↪ Dive into the origins and legal framework of temporary protection under EU legislation.  ↪ Understand how it differs from other forms of international protection.    ↪ Explore the implementation of the temporary protection regime at the national level. We’ll dissect the relevant legal issues.    🔛 Join us as we discuss the potential options for the current temporary protection implementing decision concerning Ukraine and of the regime as a whole. 🌐 Learn more and enroll now: https://lnkd.in/dS69R2jg #eLearning #LegalKnowledge #HELPCourse #HumanRights 

*What you need to know* Should Hong Kong’s proposed domestic national security law include a public interest defence? https://sc.mp/t3edl “We have to break free”: Shenzhen reveals big tech plans to save China’s economy. https://sc.mp/9hpyt How Hong Kong plans to amend existing laws and create new offences for the Article 23 national security legislation. https://sc.mp/m0qjh

For the first time ever, a court in France has examined the compatibility of the statutory netting safe harbor with the French Constitution. The court affirmed that the protection against systemic risk, as well as the imperatives of legal certainty and stability of the financial system, are in the public general interest. This decision sets a major precedent, confirming the soundness of the legal basis and fundamentals of close-out netting under French law, and is a positive, important development for French financial markets. Click below to download our Commentary. Alban Caillemer du Ferrage Chris Arnold Dickson Chin Qian Hu Peter Petraro #EU #derivatives #insolvency

On this newest episode of Modern Law, host Yves Faguy welcomes Dr. Anton Korynevych, Ambassador at Large of the Ministry of Foreign Affairs of Ukraine, to discuss the effort to create a Special Tribunal on Crimes of Aggression Against Ukraine.   🎙️Don’t miss this insightful episode: https://bit.ly/3SMrjOL

📑 In June, the Verkhovna Rada of Ukraine gave the green light to the reform of the Bureau of Economic Security, which was strongly advocated by businesses and Ukraine's international partners. The European Business Association welcomed this decision, recognizing it as a step forward in combating economic crime and smuggling. 📍 However, according to the business community, the functioning of the reformed Bureau may not become fully effective without several amendments to the Criminal Procedure Code of Ukraine (CPC). These changes are necessary to protect businesses from excessive pressure by law enforcement agencies and unlawful interference in economic activities. Therefore, the business community proposes refining the draft law No. 10440, dated January 29, 2024, to facilitate an effective reform in the country. Details of the business position: https://lnkd.in/dsxgMBJ7

For the first time in history, a French court has examined the compatibility of the statutory netting safe harbor with the French Constitution. The court has upheld that protecting against systemic risk, along with ensuring legal certainty and stability in the financial system, serves the public general interest. This landmark decision establishes a significant precedent, affirming the robustness of the legal framework and principles of close-out netting under French law. It represents a positive and crucial development for the French financial markets. To gain further insights into this decision, download our Commentary by clicking below. #EU #derivatives #insolvency

Join BDO and Wolf Theiss on 1/25 to discuss the current enforcement and compliance environment in Central and Eastern Europe, the reconstruction effort in Ukraine, and more. #BusinessStrategy #RegulatoryCompliance

The government of the Russian Federation is taking specific actions to establish a special procedure for compensation of damage caused by the US. #TeamSPB covers the details behind the procedure and what it could mean for Russian Rights Holders. Learn more here ➡️https://ow.ly/fSYK50S7FcS #SpecialProcedure I #RightsHolders I #USLaw