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Legal Developments - Law Firm Thought Leadership by Josephine, L K Chow & Co

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Faster Credit Transfers: EU Council adopts Regulation on Instant Payments

| February 27, 2024

The EU Council has, on 26 February 2024, given the green light for the proposed regulation for instant payments in the single market. 

The MFSA consults on a draft Conduct of Business Rulebook for Banks

Ganado SARL | February 27, 2024

Deposit accounts, payment accounts, electronic money and certain categories of lending are amongst the in-scope Retail Products 

Curateurs et tuteurs : comment gérer le patrimoine de vos protégés ?

Charles Russell Speechlys | February 27, 2024

Si vous avez été nommé curateur ou tuteur (privé ou professionnel, d’un proche ou d’un tiers),

Listen: Merger control in Malta

Ganado SARL | February 26, 2024

In the fourth episode of the Ganado Meets Corporate Podcast, Dr Clement Mifsud-Bonnici, Senior Associate at Ganado Advocates, speaks with Office of Competition’s Director General, Godwin Mangion where together they discussed merger control law in Malta.

MFSA Shifts to Outcomes-Based Supervision in 2024

Ganado SARL | February 26, 2024

The Malta Financial Services Authority (“MFSA”) has released its Supervisory Priorities for 2024, outlining a change to an outcomes-based approach to supervision.

When is a claim considered fraudulent? The impact of false and misleading statements on a claim for damages

| February 26, 2024

Allianz Australia Insurance Limited v Yu [2024] NSWSC 31 Key principles The totality of the evidence, rather than just the Claimant’s own statements, should be considered when assessing the Claimant’s credibility for the purposes of determining whether false and misleading statements have been made.

Understanding the new employee right to disconnect

| February 26, 2024

On 12 February 2024, the Fair Work Legislation Amendment (Closing Loopholes No 2) Bill 2023 (Closing Loopholes (No 2)) was passed by Parliament, legislating additional changes to the Fair Work Act 2009 (FW Act).

Indispensable Human Touch: Mimicry of Human Intelligence by AI Not Creativity

| February 26, 2024

Key Points Copyright and patents only protect works of human creators Machines cannot be authors or inventors, they only simulate human intelligence The scope of protection for AI-derivative works and inventions is nascent

Legal Update on the Decree detailing a number of articles of the Law on Cybersecurity

| February 26, 2024

Years after the promulgation of the Law on Cybersecurity, the long-awaited decree implementing Law on Cybersecurity has finally been introduced.

Legal Update Development on Data Privacy Regulation of Vietnam

| February 26, 2024

For years, regulation on data privacy of Vietnam has been limited to general principle under the Civil Code and rephrased and shattered through a number of other legal instruments (including the Law on Cyberinformation Security).

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