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15/03/2024
Real estate finance law in Portugal
A. Mortgages 1. Can security be granted to a foreign lender? Yes. Generally, there are no restrictions on the ownership of land by foreign lenders or in relation to the taking or enforcement of securities...
13/03/2024
Crypto Tax Legislation & Law in Portugal
1. Is there a specific legislation issued for the taxation of crypto-assets or do general national tax law principles apply because the tax legislator has not regulated this so far? Yes. The Portuguese...
Comparable
12/03/2024
Revised European Commission Notice on the definition of the relevant market...
On 8 February 2024, the Commission adopted its revised Notice on the definition of the relevant market for the purposes of Union competition law. The objective of this Notice, which was the subject of...
12/03/2024
After EU Commission's first decision on Carbon Contracts for Difference,...
The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Fol­low­ing the...
12/03/2024
EU Strategy - PV Plant: call for contributions until April 2nd
On March 5, 2024, the European Commission launched a call for contributions to the drafting of a "Guide for Member States to promote innovative ways of using solar energy" and a set of re­com­mend­a­tions...
12/03/2024
Clarification of the prior control procedure applicable to repowering
The Secretary of State for Energy and Climate published Order No. 18/SEENC/2024 yesterday, which clarifies the prior control procedure applicable to repowering. Article 62(1) of Decree-Law no. 15/2022...
11/03/2024
Adoption of MiFID 3 and MiFIR 2 to enhance transparency on markets in financial...
On 8 March 2024, Regulation 2024/791 amending Regulation (EU) No 600/2014 (MiFIR) and Directive 2024/790 amending Directive 2014/65/EU (MiFID 2) on markets in financial instruments were published in the...
08/03/2024
EU takes stand against environmental crimes with new Directive
The escalating problem of environmental degradation is triggering a re-evaluation of our legal systems' effectiveness in preventing and justly sanctioning such harms. Now the EU has taken a significant...
07/03/2024
Practical guidance on how to assess the existence of aid for risk financing...
On 26 January 2024, the Commission adopted practical guidance for Member States on assessing the existence of State aid for measures aimed at facilitating access to financing for certain busi­nesses.Risk...
07/03/2024
Renewable energy in Portugal
1. First Offshore Wind Auction  Although its extensive maritime coast (almost 943km in the continental area), Portugal has been striving throughout the years to have a fully implemented offshore wind...
06/03/2024
Knowledge on information and communication technology and security are...
On 21 February 2024, the European Central Bank released a supervision newsletter on new policy / its expectation for more bank board expertise on information and communication technology (“ICT”) and...
05/03/2024
European Commission authorises EUR 550 million Italian hydrogen aid scheme
On 30 January 2024, the European Commission authorised an Italian hydrogen aid scheme with a budget of EUR 550 million under the Temporary Crisis and Transition Framework.The Green Deal industrial planThe...