SCA issues guidelines for financial institutions on anti-money laundering
August 21, 2019
The advent of AML and ATF guidance is a welcome step for businesses in the UAE.
Update on Stamp Duty regulating electronic transactions
August 21, 2019
A new notification requires parties who enter certain electronic transactions to pay stamp duty in cash.
Ministerial Regulation removing back office services from the Foreign Business Operations Act announced
August 14, 2019
Certain back office service businesses will no longer require a foreign business licence.
Changes are coming!
August 14, 2019
Five factors to consider when reviewing your Canadian trademark strategy in 2019.
Herbies goes to Shanghai FTZ
August 12, 2019
Herbert Smith Freehills is adding local law capabilities in China through a joint operation with Kewei Law Firm.
Dentons to merge with Lee International
August 12, 2019
The deal would see it become the first international law firm to combine with a Korean firm.
Maxwell Chambers opens new disputes facility
August 7, 2019
Law In Order will be one of the first tenants to open its doors in the newly renovated building.
Forensic investigations, the role of corporate counsel and the rise of information governance
August 2, 2019
Head of Forensics – Erick Gunawan, discusses the Role of Corporate Counsel in the context of litigation or investigation and the increasing importance of information governance …
In Korea, a licensee is now considered an interested party who may invalidate a patent
August 2, 2019
On February 21, 2019, the Korea Supreme Court issued a decision making it clear that a licensee is an interested party who may file a petition to invalidate a patent for which he holds a licence …
Economic substance: The reality — what firms really need to know
August 2, 2019
While some of the reactions to the Cayman Islands’ introduction of The International Tax Co-operation (Economic Substance) Law, 2018 (Substance Law) have been less than positive, the reality is that the Substance Law is a set of rules that fairly elegantly address OECD requirements for geographically mobile activities to have economic substance …
Developments in the Philippine Competition Commission’s enforcement activities
August 2, 2019
Early this year, the Philippine Competition Commission (PCC) Enforcement Office launched a leniency/whistleblower programme offering immunity from suit and reduction of fines to cartel members who will provide information that will help the PCC investigate and prosecute cartels …
Vietnam: Tightened policy on import of used machineries, equipment and technological lines
August 2, 2019
From 2015, the import of used machineries and technological lines is subject to the Circular 23/2015/TT-BKHCN, which contains some inadequate points causing difficulties in import of used machineries, technological lines, especially those of more than 10 years old in fact …
Indonesia: New regulation on Foreign Construction Representative Offices and Construction Foreign Investment Companies
August 2, 2019
On 13 June 2019, the Minister of Public Works and Public Housing issued Regulation No. 09/PRT/M/2019 on Guidelines on Licensing Services for Foreign Construction Business Entities …
AFRICA: How Nigeria is going local
August 2, 2019
Promoting “indigenisation” in the Nigerian economy was the subject of a recent Lex Africa seminar, which asked how foreign investors were forging partnerships with local players, using local content and local manufacturing capacity and transferring valuable work skills …
UAE – Dynamism in business and dispute resolution in the Gulf
August 2, 2019
With a variety of new legislation in the emirates, Louise Bowmaker of Horizons & Co looks at some of the most significant recent and upcoming changes …
SCIA’s innovation: Optional appellate arbitration in China
August 2, 2019
A substantive appellate mechanism constitutes a beneficial complement to the finality of single-instance arbitration …