Brexit preparedness: EU completes preparations for possible “no-deal” scenario on 12 April

As it is increasingly likely that the United Kingdom will leave the European Union without a deal on 12 April, the European Commission has today completed its “no-deal” preparations. At the same time, it continues supporting administrations in their own preparations and urges all EU citizens and businesses to continue informing themselves about the consequences of a possible … Continue reading Brexit preparedness: EU completes preparations for possible “no-deal” scenario on 12 April

Cross-industry support for the launch of new Freehold Management Enquiries form

Over 14 cross-industry trade and representative bodies, including the Law Society of England and Wales, have come together to create and endorse a new Freehold Management Enquiries (FME1) form. Those involved in the creation of the FME1 form are urging all conveyancers to use this new standardised questionnaire to secure the necessary information if a … Continue reading Cross-industry support for the launch of new Freehold Management Enquiries form

Antitrust: European Commission fines Google €1.49 billion for abusive practices in online advertising

The European Commission has fined Google €1.49 billion for breaching EU antitrust rules. Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. Commissioner Margrethe Vestager, in charge of competition policy, said: "Today the Commission has … Continue reading Antitrust: European Commission fines Google €1.49 billion for abusive practices in online advertising

Time to reform rules around leasehold charges

The unforeseen charges faced by some purchasers of leasehold properties could be addressed if developers and estate agents complied with consumer protection regulations by giving information up front, the Law Society of England and Wales said yesterday. “Under consumer protection regulations* key sales information is supposed to be set out at the start of the … Continue reading Time to reform rules around leasehold charges

EU, China, US will suffer economically from the re-emergence of protectionism

The world’s largest economies, particularly the EU, China, the US, Mexico and Canada, are all projected to suffer economically from the re-emergence of economic protectionism, and a significant increase in trade tariffs. In the case of the EU, the bloc would experience a 1% contraction in GDP, a 0.3% lower rate of employment, and a … Continue reading EU, China, US will suffer economically from the re-emergence of protectionism

European Commission reviews relations with China, proposes 10 actions

Against the backdrop of China's growing economic power and political influence, the European Commission and the High Representative review European Union-China relations and the related opportunities and challenges. Today, they are setting out 10 concrete actions for EU Heads of State or Government to discuss and endorse at the European Council of 21 March. The … Continue reading European Commission reviews relations with China, proposes 10 actions