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Developments in
ERA - Conference 'Current Developments in European Family Law and Law of Succession'
... ERA - Conference 'Current Developments in European Family Law and Law of Succession' ACADÉMIE DE DROIT EUROPÉEN - ACADEMY OF EUROPEAN LAW - EUROPÄISCHE RECHTSAKADEMIE - ACCADEMIA DI DIRITTO EUROPEO (ERA): Conference 'Current Developments in European Family Law and Law of Succession' (Trier, 25-26 Sep 2008) Family ties are formed increasingly between nationals and residents of different Mem... Furthermore, legal practitioners and academics in the field of family law will report on the current situation in several European jurisdictions with a special focus on maintenance. After the Slovenian Presidency outlined its intention to make progress on family law matters, the state of play in the following areas will be discussed:
divorce (“Rome III”); maintenance obligations; wills and succession; rights of the child. ...
Hacia la reforma de la Directiva MiFID
... However, recent events and market developments have demonstrated weaknesses in some of the underlying principles of MiFID, as well as highlighted areas needing reinforcement or revision. Similar discussions are taking place elsewhere in the world”. While it is true that the Directive has not entirely delivered on its objectives, it is mistaken to assign all developments, such as the growth of trading in newer trading functionalities (for example high frequency trading) and dark environments (for example all dark pools – see question 6) to MiFID. These have more to do with technological developments”. Revising MiFID is an essential part of ongoing structural reforms in the aftermath of the financial crisis. Amendments to MiFID in these areas would be complementary to the new framework on the infrastructures for derivatives markets included in the legislative proposal on OTC derivatives, central counterparties and trade repositories (see IP/10/1125 ...
LA CRISIS DE LA DEUDA EUROPEA
... In addition, private sector borrower in these countries face maturities of $988 billion of corporate bonds and $200 billion of syndicated bank loans over the same period. Minutes of a 7 December 2010 from the central bank of Australia, one of the world’s best performing economies, indicated increasing concerns about developments in Europe. Any breakdown in the Euro, such as the withdrawal of defaulting countries or change in the mechanism, would result in a sharp fall in the new currencies. In turn, this would, in the first instance, result in large losses to holders of debt of those countries from the devaluation. As the Australian central bank noted in its December 2010 minutes: "… the deterioration in the situation in Europe over the past month had increased the downside risks to the global economy. In 11 May 1931, the failure of a European bank – Austria’s Credit-Anstalt – was a pivotal event in the ensuing global financial crisis and the Great Depression. ...
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