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The EU Late Payment Regulation – unintended consequences for structured finance transactions? | Hogan Lovells

The European Commission published a proposal for a regulation on combating late payment in commercial transactions last year which will introduce new rules, including that payments have.

United kingdomDepartment for businessJournal of the european unionEuropean commissionEuropean parliamentCompanies houseCentral bankEuropean commission observatoryProposed regulationLate payment directiveAmended textPlate paymentCommercial debtsUnited kingdom late payments actExplanatory memorandumMember state

April 2024 infringements package: key decisions — EUbusiness com | EU news, business and politics

In its regular package of infringement decisions, the European Commission pursues legal action against EU Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses.

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EU Court to Review Greece s Misapplication of Late Payment Rules

EU Court to Review Greece s Misapplication of Late Payment Rules
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2023 in Review: A Year of Economic Challenges and Hope -December 21, 2023 at 07:44 am EST

The year was marked by a series of shocks that further intensified the already tumultuous situation. High inflation continued to cut into purchasing power, interest rates rose, property prices.

Anna zabrodzka averianovEuropean central bankEuropean commissionSenior economistBattle against soaring pricesDrastic shiftMonetary policyGlobal financial crisisRising interest costsNorthern europePurchasing powerEuropean householdsPayment regulationOngoing issueLate payment directive

Faster payments ahead for luxury brands

The UK government’s plan to curb the late payment culture is a boon to small- and medium-sized luxury brands, writes Bird & Bird’s Victoria Hobbs

United kingdomKevin hollinrakeKemi badenochEuropean commissionEuropean parliamentUnited kingdom department for businessPrompt paymentCash flow reviewPayment practicesPerformance regulationsSmall businessPrompt payment codeGrowth hubsTrade kemi badenochBusiness minister kevin hollinrakeLate payment directive