December/January 2019
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International Correspondents
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Tax Relief
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Sponsored
Sponsored
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Sponsored by FenXun PartnersThe ongoing commercial disruption between the PRC and the US is having a global effect -
Sponsored by Maples GroupThe Irish legislature is considering draft legislation which would regulate purchasers of non-performing loans (NPLs). The draft legislation is at an advanced stage in the parliamentary process. While credit servicers are regulated in Ireland, credit owners (in the main, entities that have purchased loans and loan portfolios from banks looking to reduce their exposure to NPLs) are not. However, the regulation of owners of credit would be a substantial extension of the regime. Furthermore, it would run contrary to EU policy in this area which proposes to regulate credit servicers (as is the existing position in Ireland) but deliberately stops short of regulating loan owners because such an extension is neither necessary nor desirable.
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Sponsored by Hengeler MuellerA survey by Hengeler Mueller has found that a majority of respondents reported an increase in the bureaucratic requirements associated with the EU regulation
