Editorial sections
Other
All countries
- Algeria
- Australia
- Austria
- Azerbaijan
- Bahrain
- Belarus
- Belgium
- Bermuda
- Bosnia-Herzegovina
- British Virgin Islands
- Bulgaria
- Cayman Islands
- China
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Egypt
- Estonia
- Finland
- France
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Ireland
- Israel
- Italy
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kuwait
- Latvia
- Lebanon
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Malaysia
- Malta
- Moldova
- Monaco
- Morocco
- Netherlands
- New Zealand
- Nigeria
- Norway
- Oman
- Pakistan
- Philippines
- Poland
- Portugal
- Qatar
- Republic of Macedonia
- Romania
- Russia
- Saudi Arabia
- Serbia
- Singapore
- Slovakia
- Slovenia
- South Africa
- South Korea
- Spain
- Sri Lanka
- Sweden
- Switzerland
- Syria
- Taiwan
- Thailand
- Tunisia
- Turkey
- UK
- US
- Ukraine
- United Arab Emirates
- Uzbekistan
- Vietnam
Other countries
Recently viewed firm rankings
Recently viewed lawyer profiles
Overview
Monaco now has a new independent financial services regulator, the Commission de Contrôle des Activités Financières. This will bring greater harmonisation with EU standards to what was already an extremely well regulated jurisdiction. All locally licensed banking institutions have a French government guarantee, and credit institutions in the country are approved by the French banking commission and their banking activities regulated by the Bank of France. The 2007 financial activities law which created the independent regulator also authorised foreign fund management out of Monaco. In 2008 Monaco acceded to the Hague convention on the recognition of trusts, creating more certainty for the trust management industry about the nature of estates held in Monaco banks. The criminal law in the country has also recently changed to allow the prosecution of companies.
Only Monaco-qualified lawyers who are avocats or, if senior, avocats-défenseurs are allowed to appear in the local courts. However, many French, UK and US-qualified lawyers, known as conseillers-juridiques, work in local law firms on non contentious commercial and private client matters.
Search News and Articles
Press releases
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
Legal Developments worldwide
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
-
Getting The Deal Through - eCommerce
The Singapore government has been proactive and inclusive in its encouragement and development of internet communications and e-commerce, by its establishment of a supportive legal and technical infrastructure, investments in technology and awareness- building. Policy-wise, it adopts a balanced and light-touch approach to ensure that minimum standards are set for responsible use of the internet while giving maximum flexibility to industry players to operate, and favours industry self-regulation.- Joyce A. Tan & Partners -
Review of reorganisation proceedings in Estonia
Until the adoption of Reorganisation Act Estonian legislation did not provide efficient regulation for companies which were in temporary financial difficulties, but could be “rescued” via certain turn-around proceedings to overcome the economically difficult period.- Concordia Attorneys at Law -
The Restructuring Review
OVERVIEW OF 2008/2009 RESTRUCTURING AND INSOLVENCY- Afridi & Angell -
Labour & Employment
1 What are the main statutes and regulations relating to employment? The main statutes relating to employment are the Portuguese Employment Code (approved by Law 7/2009 of 12 February 2009) and the Regulation of the Employment Code (Law 35/2004 of 29 July 2004) which is still in force notwithstanding the fact that parts have been revoked with the entry into force of the new Employment Code. Within the Employment Code, the vast majority of the rules are mandatory and, therefore, can only be modified by agreement of the parties and only if such amendment is intended to improve the position or rights of the employees.- F. Castelo Branco & Associados -
Real Estate/ Property/ Infrastructure
Norms for highway projects pact changed- Seth Dua & Associates -
Projects, Energy & Natural Resources
Power- Seth Dua & Associates -
Litigation and Dispute Resolution
Case Laws- Seth Dua & Associates -
Intellectual Property Rights
Amendments in Information Technology Act, 2000 The Information Technology (Amendment) Act, 2008 has come into force from October 27, 2009. Some key amendments in the Information Technology Act, 2000 (“IT Act”) are highlighted below:- Seth Dua & Associates -
Cross Border Investments & Transactions
- Seth Dua & Associates -
Capital Markets/ Securities
Amendments in (Substantial Acquisition of Shares and Takeovers) Regulations, 1997- Seth Dua & Associates
Press releases
The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
-
The Ministry of Justice of Korea Announces Poison Pill Legislation
On December 1, 2009, the Ministry of Justice announced amendments to the Commercial Code setting forth proposed legislation on poison pills. A poison pill is a defensive tactic used by companies to protect management rights in the event of a hostile takeover. It typically works by granting existing shareholders the right to increase their holdings by purchasing newly issued securities at a below-market price. Despite repeated requests from Korean conglomerates to allow poison pills as a management rights protection device, the introduction of poison pill legislation had been delayed due to conflicting views held among different government circles. The government authorities have, however, reached a consensus on the issue, culminating in the announcement of pending legislation by the Ministry of Justice.– Kim & Chang -
Hengeler Mueller advises KUKA on refinancing
KUKA AG has reached an agreement with its lending banks on extending the debt financing within the scope of KUKA's restructuring.– Hengeler Mueller -
Hengeler Mueller advises BNY Mellon on acquisition of BHF Asset Servicing
On March 8, 2010, The Bank of New York Mellon announced that it has agreed to acquire BHF Asset Servicing GmbH (BAS) from BHF-BANK Aktiengesellschaft and Sal. Oppenheim jr. & Cie. S.C.A. for EUR 253 million, subject to regulatory approvals.– Hengeler Mueller -
Kim & Chang Strengthens and Expands its Practice Groups by Recruiting Valuable New Members
– Kim & Chang -
Kim & Chang has a growing list of honors and rankings for 2009
Kim & Chang has a growing list of honors for its representation of clients across the globe, as well as for excellence in the legal profession. Kim & Chang’s recent honors recognize many of its 700 professionals and practice groups.– Kim & Chang -
Hengeler Mueller advises Landesbank Berlin AG on amendment to act on LBS Nord Shareholding
Hengeler Mueller has advised Landesbank Berlin AG (LBB) on the amendment to the act on the LBS Norddeutsche Landesbausparkasse Berlin-Hannover ("LBS-Nord-Gesetz"), a regional public building society.– Hengeler Mueller -
Hengeler Mueller advises Highstreet real estate joint venture in connection with landmark financial
The "Highstreet" entities, owners of a portfolio of about 90 department stores let to insolvent German retailer Karstadt, have successfully restructured their financial debt obligations.– Hengeler Mueller -
Kim & Chang advised AB InBev in USD 1.8 bil sale of OB - PE Deal of the Year, IFLR Asian Awards 2010
– Kim & Chang -
KF Fastigheter develops the trade area Mobilia in Lund
KF Fastigheter has acquired parts of the trade area Mobilia in Lund, and will together with Arne Paulssons Byggnads AB develop the area, including i.a. a Coop supermarket. KF Fastigheter has in connection herewith sold a larger property in central Lund to Paulssons. Mannheimer Swartling advised KF Fastigheter.– Mannheimer Swartling -
Kaul and Capol sold to Riverside
Mannheimer Swartling has advised the owners in the sale of Kaul GmbH and UK-affiliate, Capol UK Ltd., to The Riverside Company.– Mannheimer Swartling