News
Financial Services and Markets Bill as cornerstone to make UK a new world crypto centre
With multiple factors trying to rock the boat of the economy, myriads of questions are being asked concerning the future of cryptocurrency and future vector of the regulation of financial activity in the
Updated AML Compliance Policy in Portugal
The scope of the Portuguese AML Act has recently been expanded to include all legal entities involved in any of the below activities (on their own behalf or on behalf of their clients):
Amendments to the Securities Law in Germany
Published on August 11, 2020, the draft law on e-securities (i.e. security tokens) introduces new rules into German law. Initially, the law will only be applicable to bearer bonds; however, at later stages,
SIMC Protocol in Singapore
The fallout from the coronavirus pandemic has severely crippled businesses & economies around the world. It has also disrupted supply chains causing frequent non-compliance with contractual obligations. Therefore, the recent years have seen
Payment Services Providers & Digital Platforms in Hong Kong
The 2019 memorandum issued by the SFC contains provisions related to digital platforms that trade in digital assets. The document also sets out regulatory standards governing the procedure for licensing an automated trading
E-Commerce Directive in Malta & Great Britain
2020 saw the MFSA issue a circular outlining the impact of Brexit on Maltese license holders operating in Great Britain via the Internet. The circular primarily refers to the E-Commerce Directive, which covers
AML/CTF Laws Updated in Thailand
Thailand has recently overhauled its AML and CTF laws. The need for such a step was dictated by the huge volumes of money laundered that took place before the new legislation came into
The UK and Switzerland Expand Cooperation in the Field of Finance
Coordination of the financial system in terms of sustainability is not an abstract concept at all. This is already happening as policymakers and financial supervisors respond to the need to create efficient and
Setting Up a JV Amid Covid-19 Pandemic
The coronavirus has plunged the world into a new reality with closed borders, remote work, disrupted shipments and canceled deals. But the business is not discouraged and is trying to capitalize on the
Financial Services Regulatory Update in Malta
Under a recently issued circular, the MFSA, Malta’s number one financial regulator, intends to expedite the process of obtaining a financial services license in the Republic of Malta by:
introducing
Business Regulation in Thailand
The Kingdom of Thailand has been attracting foreign investors for many years and its economy is largely dependent on the FDI. Meanwhile, the acute situation with the pandemic shock hit Thailand in early
International Arbitration During the Pandemic
In the context of the international public health emergency caused by the new COVID-19 pandemic, many countries have introduced measures to control the disease. These measures are necessary but at the same time, they have...
Managing Contractual Obligations During the Pandemic
The global COVID-19 outbreak has rocked the financial sector and questioned how to do business. However, our team believes that the long-term prospects for funding the funds remain promising. Special attention to contracts should be...
Supporting Businesses During The Coronavirus Period in the UK
As the spread of the COVID-19 pandemic is still ongoing, business owners are forced to urgently seek solutions in emergency situations. Develop and implement action plans to protect their employees, build relationships with
Arbitration Amid the COVID-19 Pandemic in the UAE
With the COVID-19 pandemic continuing unabated, organizations in different countries are trying to come up with ways to ensure their uninterrupted operation under a nationwide quarantine. For example, courts & arbitration institutions in
M&A Transactions in the US and Europe during COVID-19
The COVID-19 outbreak serves as an additional test of the resilience of businesses. The pandemic has had a significant impact on M&A activity globally. Economic uncertainty exposes and exacerbates financial vulnerabilities. If the
Coronavirus and Mergers and Acquisitions
The COVID-19 pandemic and the countermeasures put in place by governments around the world are having a huge impact on businesses. Due to the threat of the spread of the coronavirus, states are
Reform of the Law on TM in Spain
If you’ve decided to register a trademark in Spain, it is worth noting that the country has an updated Law on TM, which is largely synchronized with the legislation of the European Union
Company Registers in Great Britain
Planning to register a company in Great Britain? If you are, then you should be intimately aware of the requirements for maintenance of company registers & information to be entered into
Regulation of Financial Services in Portugal
Those planning to establish a financial company in Portugal should keep in mind that they’ll be required to put in place internal control systems which:
are applicable to all subsidiaries
Resolving Disputes Online Amid the COVID-19 Pandemic
The ongoing coronavirus pandemic is making face-to-face meetings if not impossible then highly unrealistic. This can result in misunderstandings, and misunderstandings are likely to escalate into disputes. Resolving disputes in various industries amid the COVID-19...
Japanese JV Issues Overview
For entrepreneurs who plan to register a JV in Japan, it is advisable to familiarize yourself with the information provided by our experts in this blog post. Partner relationships If you are planning to register...
New Law on TM in Bulgaria
For almost a year now, a new law on signs and geographical indications has been in effect in Bulgaria. With the adoption of the new law, Bulgaria has introduced into national legislation the
Opening a Company in Luxembourg
Apart from LLCs, partnerships & other legal forms of business, entrepreneurs seeking to open a business in Luxembourg can also create LLPs that have no legal personality. Under the recently adopted
Great Britain: M&A 2021
Over the past decade, the UK has dealt with several crisis situations and today remains an attractive jurisdiction for businessmen around the world. If you are interested in conducting an M&A transaction
Madrid System and Malaysia
Previously, registering a Malaysian TM required applying to the Malasian IPO Office. Once the Madrid System (MS) is implemented, Malaysian entrepreneurs will get to submit their TM applications to the WIPO
M&A in the Sector of Money Transfers
Nowadays, registering an e-business is becoming increasingly popular. Digital technologies have filled the world space, and we will not be mistaken if we call our society digital. And the COVID-19 pandemic, which suddenly burst into...
ADR Without Consent of the Parties in the UK
In many countries, courts are empowered to establish alternative dispute resolution (ADR) for parties without their consent . However, there is no such law in the UK. Perhaps it will appear in
Privately Purchasing Company Shares
This blog post will be useful to businessmen interested in the private acquisition of company shares. Buying shares in a company implies a preliminary agreement between the buyer and the seller of the shares, with...
Review of the TLT Changes
Adopted back in 1994, the TLT was only revised once - in 2006. So, let’s see why a revision was necessary, what new features were introduced & how they affected the procedure for
How the Pandemic Affects Business in China
Due to the ongoing coronavirus outbreak, international and Chinese companies are facing a huge difficulties, and many of our clients are asking how they can protect themselves in mergers and acquisitions in China that are...
New EU Rules on Foreign Direct Investment
The European Union has formally approved new measures to allow Member States to conduct FDI expertise in the EU to ensure security and public order. The European Union's single market has been recognized for the...
New AML Regulations in Ireland
Considering setting up a trust fund in Ireland? If you're, then you should definitely pay close attention to the recent changes in AML rules. Pursuant to the new rules, trustees must
How Can a Business Survive Amidst the Coronavirus Pandemic?
Is the coronavirus pandemic making your company experience financial problems? Are having a hard time concluding deals in the EU & US? Well, you’re not alone. There’s hardly a business in the world that hasn’t...
FCA’s Interim Guide in Great Britain
Early this year, the FCA has forwarded a letter highlighting several cases of non-compliance with PSR & EMR acts to authorized e-money organizations & payment institutions. Attached to the letter was an additional
E-commerce Standards Updated in Singapore
In this blog post, we will look at the nuances of a recent regulatory update that deals with e-commerce transactions in Singapore . The material will be relevant for businessmen planning
Regulation of Sports in Great Britain
The British government is committed to non-interference in sports; therefore, there’s no specific laws regulating sports in Great Britain . The only exception is made for cases requiring the upholding of public
Updated Requirements for Financial Services in Australia
Australia has seen active regulatory changes lately affecting all financial institutions operating in the country. This blog post focuses on the key financial regulation updates in Australia that should be considered
US Private Banking to Combat Money Laundering
This blog post examines the requirements for business transparency and the fight against money laundering in the context of private banking regulation in the United States.
As the EU countries,
Unauthorized Payment Fraud Prevention in the UK
Listed financial companies in the UK detected and prevented GBP 1.8 billion in fraudulent transactions last year. However, now, during the coronavirus outbreak, there is a trend towards an increase in
