On 4 July, Simon Davis took over presidency of the Law Society of England and Wales. The Law Society’s office holder line up is completed by vice president David Greene and deputy vice president I. Stephanie Boyce.
On 1 July 2019, the Presidency of the Council of the European Union (EU) officially passed from Romania to Finland. Finland will now lead discussions in the Council until 31 December 2019. As part of their ‘Sustainable Europe – Sustainable Future’ programme, Finland aims to defend the rule of law and has made this the centre of its six- month EU Presidency.
Brian Speers, the new President of the Commonwealth Lawyers Association, discusses the importance of mediation in commonwealth and other jurisdictions.
Capital markets union: Council adopts new rules facilitating access to pension products and investment funds
The Council today adopted two key reforms in the framework of the Capital Markets Union. Two key reforms in the framework of the Capital Markets Union were recently adopted by the Council in the form of a regulation and a package of measures. The regulation provides greater choice for people who wish to save for their retirement and expanding the market for personal pensions. The package of measures aims to remove existing barriers in the cross-border distribution of investment funds.
Online platforms are key enablers of digital trade. While offering great potential in terms of efficient access to (cross-border) markets, European businesses are currently unable to fully exploit the potential of the online platform economy due to a number of potentially harmful trading practices and a lack of effective redress mechanisms in the EU.