News

Portugal: Updated AML Compliance Policy
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):
Germany: Amendments to the Securities Law
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,
Singapore: SIMC Protocol
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: 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
Australia: Digital Markets
Registering a FinTech company in Australia is one of the most attractive options for entrepreneurs seeking to do business in this country. So let’s take a closer look at the key features of
Thailand: AML/CTF Laws Updated
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
Mutual Trusts in Ireland
Those seeking to establish a mutual trust in the Republic of Ireland should keep in mind that their activities will be governed by the Investment Act. Mutual trusts are defined as arrangements entered
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
Malta: Financial Services Regulatory Update
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
Germany: Private Investment Regulation
If you are looking to establish a PEF in Germany, please note that the national investment regulation has been revised to be in sync with the EU Directive. The financial supervision of PEFs
Tanzania's Mining Regulation: Updated Regulatory Framework
In an effort to provide employment to Tanzania’s citizens & ensure protection of the country’s natural resources, the Tanzanian Parliament passed the 2017 Mining Law. However, soon after its enactment, foreign entrepreneurs seeking
Caymans: Updated Legislation Regarding PEF
4The Cayman Islands have long been considered the number one jurisdiction in the world of offshore investment funds. Many projects with investment fund structuring have been implemented through the jurisdiction. Meanwhile, in the
UAE: Direct PEF Regulation
For entrepreneurs wishing to start financial activities in the UAE, it is important to know that the SCA is the main regulator in the United Arab Emirates regarding PEFs. The regulator strictly monitors
Belgium Merger Notice
Mergers in Belgium can be fast tracked using simple filing rules. The Belgian Antimonopoly Authority has published a message with additional rules regarding the simplified procedure for certain types of concentrations. As a result, companies...
Brazil: PEF Regulation
PEF regulation in the Republic of Brazil is the exclusive prerogative of the CVM. There’s also Anbima, a self-regulatory body that only has jurisdiction over members of this organization. The rights vested in the CVM...
Southeast Asia: TM Protection
The most common form of TM infringement in Southeast Asia is selling counterfeit products via websites, online marketplaces & social media. The user policy of these sites make it possible for the sellers to maintain...
Registering a Company in Europe in 2021: Hungary
According to the World Bank ratings, Hungary is ranked 1st in international trade, 32nd in lending services, 30th in property registration & 22nd in enforcing contractual conditions.  The advantages of doing business in Hungary include:...
Belgium as an Arbitration Venue
This material will be useful to our clients who are interested in dispute settlement through arbitration in Belgium. The place of arbitration depends on the arbitration legislation of which country will apply to a particular...
Thailand: Business Regulation
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 2020 forcing...
South Africa: M&A Amid Covid-19-Related Uncertainty
The coronavirus outbreak has caused a sharp decrease in M&A deal volume in South Africa. However, there are indicators of recovery in one of the most developed countries on the continent. It has firmly established...
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...
Australia: M&A
Acquiring companies or assets in the Commonwealth of Australia is normally referred to as unregulated M&A transactions. What this means is that deals like these aren't regulated by the listing rules of stock exchanges; nor...
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...
The UK: Supporting Businesses During The Coronavirus Period
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 counterparties, ensure...
UAE: Arbitration Amid the COVID-19 Pandemic
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 UAE...
Canada: M&A
Selling a business in Canada is usually done through the sale of assets or stakes. Please note that selling shares of a Canadian company is a far preferable option due to the lower income tax...
Vietnam: M&A Deals
The main body overseeing M&A deals in the Socialist Republic of Vietnam in the NCC; it’s also responsible for imposing fines & remedies. The main piece of legislation governing M&A transactions in Vietnam is the...
Buying a Spanish Company: a Short Review
Purchasing a company or its stakes in the Kingdom of Spain is a process which can involve multiple participants from different countries. Unlike acquiring a company, purchasing a business via selling assets in the Kingdom...
COVID-19: M&A Transactions in the US and Europe
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 economic contraction...
Coronavirus: 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 closing borders...
Japan: Regulation of Private Capital
Japan is a country with one of the most developed economies in the world, one of the largest global investors, but, despite this, it attracts quite a bit of foreign investment. The reasons for this...
Spain: Reform of the Law on TM
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 on trademarks. ...
Joint Ventures in Japan
You can register a Japanese JV as a general partnership, JSC, LLC or LLP. Of the four, a JSC is the most popular form. Normally, JSCs are run by BoD members whose shares aren’t freely...
SAR: Opening a JV
Normally, opening a JV in the South African Republic takes the form of a registered company (private or public). It’s also possible to register unincorporated partnerships in the South African Republic but it entails some...
Great Britain: Company Registers
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 them. Requirements Pursuant to...
Common Mistakes in Mediation and How to Avoid Them
In recent years, mediation has established itself as a good alternative to litigation, a fast and cost-effective means of resolving commercial disputes. However, knowledge about mediation is still surrounded by various kinds of speculation and...
Germany: Regulation of Mergers and Acquisitions
If you intend to start a business in the EU, acquire assets or a company in one of the member countries, we recommend that you read the current information in today's blog post, which discusses...
The Cayman Islands: M&A Deals
Normally, conducting an M&A transaction in the Caymans involves formation of a company in the Cayman Islands for the purpose of merging with another company. The process is initiated by investors willing to provide funds...