News

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):

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,

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

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

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

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

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

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

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

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

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...

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...

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

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

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

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

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

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

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

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...

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...

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

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

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

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

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...

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

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...

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

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...

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...

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

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...

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

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

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

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 by those deciding to...

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,

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

This year saw Swiss lawmakers pass two important pieces of legislation - FinSA & FinIA. Meant to make financial intermediaries’ services more competitive & boost protection of customers, the laws also put in