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ARTICLE · 22 MARCH 2017

Key Dates To Look Out For In 2017

Fieldfisher
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With elections in three major European countries, 2017 promises to be a year of even greater political awareness, and potentially upheaval.

European UnionGovernment, Public Sector
Robert Cooke
Robert Cooke

With elections in three major European countries, 2017 promises to be a year of even greater political awareness, and potentially upheaval. Alongside these dates, we set out below the timetable and key dates around the announcement or implementation of new rules in the English legal world which will be of most interest to banks and other financial institutions.

January 2017. New laws to deter multinationals from avoiding tax through cross-border tax arbitrage involving hybrids.

Early 2017. FCA expected to publish a policy statement to CP16/31 on the prohibition of restrictive contractual clauses in investment and corporate banking.  The EC is also expected to propose uniform rules in 2017 to determine which national law applies to the effect on third parties of the assignment of debt claims.

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