European Union: Government, Public Sector

On 10 July 2027 – one year from now – the Regulation (EU) 2024/1624 of the European Parliament and of the Council of 31 May 2024 (AMLR) and the Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May 2024 (AMLAR)...

The Malta Financial Services Authority has issued new supervisory guidance following a thematic review of how credit institutions identify and mitigate terrorist financing, proliferation financing and sanctions evasion risks. The review reveals significant gaps in proliferation financing frameworks and sets clear expectations for governance, risk assessment, transaction monitoring and the responsible deployment of artificial intelligence in financial crime compliance.

The Court of Justice of the European Union has ruled that banks cannot automatically refuse to open basic payment accounts solely because an applicant appears on a third-country sanctions list, such as OFAC. While such designations constitute relevant risk factors, financial institutions must conduct individual, proportionate assessments demonstrating that AML and sanctions-related risks cannot be adequately managed through appropriate measures.

Real estate transactions in Finland present unique legal requirements that distinguish them from other jurisdictions. From mandatory notary presence and formal execution procedures to permit requirements for non-EU buyers and complex pre-emption rights held by municipalities and the State, navigating Finnish property law demands careful attention to procedural details and strategic timing.

The European Union has adopted a new regulation on foreign direct investment screening that will take effect in 2028, establishing mandatory minimum standards across all Member States. This marks a significant shift from the previous cooperation-based framework toward harmonized requirements for reviewing foreign investments in sensitive sectors. While the regulation introduces common procedures and expanded scope, national variations in implementation are expected to persist, creating new considerations fo

The European Union has introduced its most comprehensive overhaul of foreign direct investment screening since 2020, establishing harmonised minimum standards across all Member States for reviewing investments in strategically sensitive sectors. This revised framework significantly expands the scope of transactions subject to review, introduces stricter procedural requirements, and enhances coordination mechanisms between national authorities and the European Commission.

On 10 July 2027 – one year from now – the Regulation (EU) 2024/1624 of the European Parliament and of the Council of 31 May 2024 (AMLR) and the Regulation (EU) 2024/1620 of the European Parliament and of the Council of 31 May 2024 (AMLAR)...

Real estate transactions in Finland present unique legal requirements that distinguish them from other jurisdictions. From mandatory notary presence and formal execution procedures to permit requirements for non-EU buyers and complex pre-emption rights held by municipalities and the State, navigating Finnish property law demands careful attention to procedural details and strategic timing.

An independent justice system is one of the cornerstones of a strong rule of law and an essential foundation for a competitive business environment. Austria has recently taken an important step in that direction.

The EU continues its ambitious reform agenda for life sciences regulation, with landmark agreements on pharmaceutical legislation and biotech innovation frameworks. Ireland's Council Presidency is set to drive progress on critical medicines legislation and medical device reforms, while new investment initiatives aim to mobilize billions into Europe's biotech sector.

Il dibattito sulla tassazione dei patrimoni è tornato al centro della scena politica italiana, dividendo l'opinione pubblica tra chi la considera uno strumento di redistribuzione della ricchezza e chi la ritiene un onere incompatibile con la crescita economica. La presente analisi esamina l'approccio di Italia e Svizzera alla tassazione patrimoniale, approfondendo le prospettive divergenti e le realtà fiscali di entrambi i Paesi.

Κάθε δικαιούχος ενοικίου που αφορά ακίνητη ιδιοκτησία εντός της Κύπρου δεν δύναται να αποδέχεται την είσπραξη τέτοιου ενοικίου με οποιοδήποτε άλλο τρόπο, πέραν αυτών που καθορίζονται πιο πάνω