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Europe Daily Bulletin No. 12735

8 June 2021
SECTORAL POLICIES / Justice
White smoke in EU Council on law applicable to third-part effects of assignment of claims
Brussels, 07/06/2021 (Agence Europe)

On Monday 7 June, after three years of negotiations, the Council of the European Union approved its general approach on the proposal for a regulation on the law applicable to the third-party effects of the assignment of claims (see EUROPE B12734A15).

The assignment of claims is an essential legal mechanism for EU companies, including SMEs, to obtain liquidity through factoring, to access credit through guarantee agreements, and to borrow money on the markets at lower rates through...

Contents

FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECURITY - DEFENCE
EU RESPONSE TO COVID-19
NEWS BRIEFS
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