Changes to MREL resulting from the so-called Banking Package and their influence on MREL-eligible bonds issuance (June 2021)
During the webinar we discussed the regulatory frameworks, the main changes to MREL resulting from the Banking Package, the changes in the requirements to be met by instruments, which may be included in MREL, the main rules for senior non preferred debt, AT1 instruments as well as the perspectives of MREL instruments issues by Polish banks.
Three years of GDPR – what now? An attempt to assess and determine the perspective for the development of the European privacy protection system (May 2021)
The GDPR has become a part of our everyday lives. What has changed in personal data protection over the last three years and how is the financial sector affected by these changes? To what extent does the regulatory authority use its powers? What other changes are to be expected?
Financial institutions are increasingly often subject to dawn raids and searches conducted by law enforcement authorities. How should they prepare for a search and how should they keep a cool head during the raid and seizure? How should they behave when being examined as a witness? This seminar addressed these and other issues.
Out-of-court debt restructuring is an alternative solution to court debt restructuring. During the seminar, we presented arguments explaining why pre-court debt restructuring is a good idea.
Environmental, social and governance considerations and alignment with the UN’s Sustainable Development Goals increasingly influence investment and financing decisions. As legislators grapple with what qualifies as “sustainable” investment, regulators are also working to understand and control the potential systemic risks associated with climate change.
Experts took stock of the UK and the EU’s position on their future relationship. With stark lines drawn by both sides, the likely outcome is a “thin” FTA or no FTA at all. The consequences of either will be significant for corporates and financial services.
Bond offerings. How do the amendments made last year operate in practice and what other amendments should be expected? (December 2020)
The end of the year is a good moment to take a comprehensive look at bond offerings following the amendments made in 2019. During the seminar, we assessed the effect that the broadly defined GetBack case has on bond issues and will look at the condition of the debt capital market during the COVID-19 pandemic.
The use of increasingly advanced technologies based on artificial intelligence, machine learning or Big Data analytics tools in the insurance industry requires numerous legal and regulatory challenges to be addressed. During the seminar, experts discussed how to enjoy the full benefits of technological progress in a way that is effective and safe for both our clients and companies providing services based on innovative solutions.
Work on the implementation of clear and comprehensive principles governing third party liability for artificial intelligence in European countries, which has been ongoing for several years, is reflected in the draft regulation drawn up by the Committee on Legal Affairs of the European Parliament, the implementation of which was recommended to the (EU) Commission.
CLOs (Collateralized Loan Obligations) – introduction, global market trends and the future of the product (September 2020)
The dynamic development of the CLO market in the US and in Europe in recent years (in 2019 alone the issuance of CLOs on European markets exceeded EUR 29 billion) slowed down in early 2020 as a result of the COVID-19 pandemic. Grzegorz Namiotkiewicz, Mateusz Chruściak and Kacper Bardan, discussed the potential negative consequences of “mass defaults” on leveraged loans, which constitute basis for CLOs, and their potential impact on global credit markets. Experts also discussed the basic principles governing CLOs, global trends, the product’s presence on the Polish market and future predictions related to the product.