Court of Justice Sentence on Subcontracting
With the sentence of the 26th of September 2019, cause C-63/18, the European Court of Justice has held the Italian legislation that limits, in a general and abstract manner, the portion of a contract that the tenderer is authorised to subcontract to third parties, as non-compatible with European law in subject of public contracts.
Blockchain Technology – A Review
A blockchain, as its name suggests, is a virtual chain made of blocks, where each block contains information.
Korean Tax Law Adopts New Simplified Transfer Pricing Rules relating to Low Value-adding Intra-group Services
With the recent pre-announcement of a draft amendment to the Enforcement Decree of the International Tax Coordination Law (“EDITCL”), Korean tax law is expected to adopt simplified transfer pricing requirements relating to “low value-adding intra-group services”, as laid out in Action 10 of the OECD BEPS Report.
IFRS17 and K-ICS – A Year in Review for 2019 and Proposed Amendments to the Insurance Business Act for Co-Insurance in 2020
In the ramp-up to 1 January 2022 with the implementation of the International Financial Accounting Standards 17 (“IFRS17”) as published by the International Accounting Standards Board (“IASB”) which replaces the earlier IFRS 4 accounting standards in conjunction with the roll-out of the Korean-Insurance Capital Standards (“K-ICS”) as announced by the Financial Supervisory Service of Korea …
Korea strengthens protection of national core technology and industrial technology (Amendment of the
On August 20, 2019, an amendment of the Prevention of Divulgence and Protection of Industrial Technology Act (hereinafter “PITA”) was passed and shall come into effect on February 21, 2020. The new amendment is likely to affect technology companies as the scope of national core technology and industrial technology under PITA is broadly defined by …
Court Case: Virtu Holdings Limited 290-2018
The ‘ineffectiveness’ of a public contract & the jurisdiction of the PCRB The Facts On the 28 April 2017, the Ministry for Transport and Infrastructure issued the “Request for proposals for a Public Services Concession Contract for the provision of passenger and vehicle ferry services between Malta and Gozo”. On 13 June 2017, Gozo Channel …
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Court Case: Virtu Holdings Ltd v Gozo Channel Island Ferry (292-2018) 2 Sept 2019
Breaching public procurement rules axes fast-ferry tender September 2019
What All You Should Know About Bankruptcy Law Of UAE?
What All You Should Know About Bankruptcy Law Of UAE?
GVZH’s newest venture: Ewropa Consultancy Services Limited, approved as a Registered Service Provision
GVZH’s newest venture: Ewropa Consultancy Services Limited, has just been approved as a registered Service Provider under the Consultancy Services Grant Scheme pursuant to the Expression of Interest for Service Providers issued by the Measures and Support Division.
Court Case: Appeal from the decision of the Consumer Claims Tribunal
Appeal from the decision of the Consumer Claims Tribunal The facts