European Union: Debt Capital Markets

Non-EU lenders face new regulatory requirements when financing Belgian corporate borrowers, but several key exemptions exist that may preserve current lending practices. Understanding these exceptions—from reverse solicitation to intra-group lending—is crucial for determining whether licensing obligations apply to cross-border lending operations.

Greek courts are increasingly ruling that real estate acquisitions at auction by REO companies affiliated with loan servicers constitute an unlawful circumvention of statutory prohibitions. Recent judgments from the Western Macedonia Court of Appeal and Athens Court of First Instance have found that these arrangements allow servicers to maintain economic control while formally separating legal entities, depriving debtors of fair settlement opportunities and enabling below-market acquisitions.

The Department of Enterprise, Tourism and Employment has launched a public consultation on targeted reforms to the Limited Partnerships Act 1907, proposing changes that could significantly impact Ireland's private funds landscape. The consultation addresses three key areas: increasing the maximum number of partners from 20 to 149, introducing a statutory whitelist of permitted activities for limited partners, and allowing greater flexibility regarding capital contributions and withdrawals.

The Survey on External Financial Statistics (EFS) is a mandatory quarterly reporting requirement for selected Cyprus entities conducting cross-border financial transactions. Understanding the legal framework, submission deadlines, and potential penalties is crucial for compliance with Central Bank of Cyprus regulations and avoiding fines that can exceed €85,000.

Background to the Report Simmons and Simmons LLP have prepared a long-form report (the “Report ”) to support the Malta Financial Services Advisory Counsel...

Op 13 februari 2026 heeft de Hoge Raad prejudiciële vragen beantwoord die van groot belang zijn voor de praktijk van het insolventierecht en het arbeidsrecht.

The out‑of‑court settlement mechanism has emerged as a key tool for businesses in restructuring their debts, particularly in relation to the Greek State and e‑EFKA (the Social Security Fund).

Summary: The out‑of‑court mechanism emerges as an important tool for businesses, especially in cases of debts to the State and to e‑EFKA.

Our Ireland Legal Analyst programme attracts graduates and postgraduates who are completing their FE1s and want real experience in financial services law.