The European Commission is trying to help the Member States clarify the proposal for a Regulation concerning the law applicable to the opposability of assigned claims (see EUROPE B11979A1). In a non-paper dated 15 January, a copy of which was received by EUROPE, it provides them with clarifications and proposes several solutions for those aspects of the proposal that relate to the financial markets.
Presented in March 2018, the proposal aims to remedy the lack of clarity regarding the...