The UK's withdrawal from the European Union will have – and already has – a dramatic impact on the political, legal and economic landscape, both in Britain and on the continent. This contribution takes a closer look at the effects on individual relationships and businesses. Against the...

Recently, a private cause of action against rating agencies has been introduced into EU law. This paper analyses the need and justification for such liability. Features of the new cause of action are compared to those existing in other major economies; in particular, those of the U.S. and...

This paper analyzes options in financial market law available to British issuers, credit institutions, insurance companies, securities firms, and asset and fund managers in terms of Brexit, considering that the United Kingdom will become a third country from the perspective of the European...

The pandemic crisis, which broke out in early 2020, is still affecting human lives and economic activity around the globe, causing unprecedented transformations which were not foreseen just before its onset. The European Union, its citizens and the financial and non-financial firms active...

Deference mechanisms, such as substituted compliance and equivalence, serve important purposes: They open up markets to foreign service providers, avoid double regulation, and reduce market fragmentation. Yet, their current design also has considerable weaknesses. The biggest of these is that...

Weltweit lassen sich nicht erst seit der Corona-Pandemie Tendenzen zur Verschärfung von sicherheitsbezogenen Investitionskontrollen feststellen - auch in Europa. Mit der Verordnung (EU) 2019/452 des Europäischen Parlaments und des Rates vom 19. März 2019 zur Schaffung eines Rahmens für die...