The past month has seen the further nationalisation of certain banks in Europe, and other banks taking government funding for the first time. Key pieces of legislation have also come into effect. Governments are continuing to adopt measures to re-introduce liquidity and protect the wider economy.

Welcome to the second in a series of updates designed to keep you up to speed with these events. This update covers 18 jurisdictions:

Belgium

Denmark

ECB (new)

Finland (new)

France

Germany

Greece

Iceland

Ireland

Italy

Luxembourg

Netherlands

Norway (new)

Portugal

Spain

Sweden (new)

Switzerland

United Kingdom


Updated copies of these papers will be available to you through the Financial Market Distress area of our website.

For additional information about the financial crisis, both within and outside of Europe, please refer to our Global Financial Markets Initiative page.

If you have any questions or require further information, please contact your usual contact at Mayer Brown or:

Bruce Bloomingdale
Partner
Tel: +44 20 3130 6211

Edmund Parker
Partner
Tel: +44 20 3130 8922

Kevin Hawken
Partner
Tel: +44 20 3130 3318

Christine Wright
Lawyer (Australia)
Tel: +44 20 3130 3209