The assignment of a claim refers to a situation where a creditor transfers the right to claim a debt to another person in exchange of a payment.
Today, the European Commission is launching a call for experts for a group on liability and new technologies.
Infringements - Today, the European Commission decided to send a letter of formal notice to Hungary for its new law on foreign-funded NGOs adopted on 13 June.
The European Commission is organising a stakeholder conference on corporate governance in Brussels on Monday 26 June 2017, 10:00-17:00.
The European Commission is assessing how the Commission Recommendation of 11 June 2013 on common principles for injunctive and compensatory collective redress mechanisms in the Member States concerning violations of rights granted under Union Law is being implemented in practice.
Today, new rules on the European Account Preservation Order (the EAPO) enter into force in the European Union. Thanks to the EAPO, businesses and citizens will be able to recover millions in cross-border debts by requesting that the amount owed to them be blocked on the debtor's bank accounts
Diversity in the management bodies of credit institutions and investment firms can still be improved, finds a European Commission report published today. Only around one third of the institutions in the sample had a diversity policy in place, and only around one fifth of their board members were women.
The European Commission is for the first time presenting a set of European rules on business insolvency today. Well-functioning insolvency and restructuring systems are key to supporting economic growth. This initiative aims to enhance the "rescue culture" in the EU. It will allow companies in financial difficulties to restructure early on so as to prevent bankruptcy and avoid laying off staff. At the same time it provides rules on giving honest entrepreneurs a second chance of doing business after a bankruptcy.
The European Commission released today a report on the remuneration rules for banks and investment firms. It finds that the remuneration rules are generally effective in curbing excessive risk-taking behaviour and short-termism. These were precisely the reasons why the rules were introduced in the aftermath of the financial crisis.