New Subcontract Price Linkage System Takes Effect
A new price linkage system was introduced through amendments to the Enforcement Decrees to the Fair Transactions in Subcontracting Act (the “FTSA”) and the Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises (the “Mutual Growth Act”),
Recent Updates on Financial Authorities’ Short Sale Regulations
The Financial Services Commission (the “FSC”) resolved that all short sale transactions be banned from November 6, 2023 to the end of June 2024.
From Intern to Advocate: Meet Chris Grech
Chris Grech started his journey with Ganado Advocates as an Intern in the summer of 2018 as part of Ganado Advocates’ summer internship programme.
Possible Repercussions Of Retaining An Illegal Immigration Consultant: Lesson from The Kaur Case
During the boom of immigration trends over the past years, you may have heard a few stories about people losing money by hiring illegal consultants.
Korea-Taiwan Double Taxation Avoidance Arrangement Comes into Force
The Implementation Act of the Arrangement between Korea and Taiwan for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income (the Korea-Taiwan Tax Arrangement) officially took effect on December 26, 2023, following endorsement by the National Assembly.
Enactment of the Carbon Dioxide Capture, Utilization and Storage Act (CCUS Act)
The “Carbon Dioxide Capture, Usage and Storage Act” (the “CCUS Act”) proposal has been passed at a plenary session of the National Assembly on January 9, 2024 and is scheduled to come into effect one year after its promulgation.
Strategic Considerations for Korean Investors: Leveraging the Special Tax Provision for Foreign Pass-Through Entities
It has been a year since the introduction of the special tax provision that enables taxpayers to treat foreign pass-through entities,
ESMA Consults on the ‘Classification of Crypto-Assets as Financial Instruments’ and ‘Reverse Solicitation’ under MiCA
The European Securities and Markets Authority (ESMA) has just published two consultation papers on two important aspects under the Markets in Crypto Assets Regulation (MiCA), namely:
GRC in Malta: Preparing for Regulatory Compliance Visits – Best Practices for Success
The receipt of a letter informing a licence holder that the MFSA will carry out a compliance visit is generally met with trepidation at best, and often with panic.
Do Financial Advisors in the UAE Need Licenses to Sell Investments?
In the dynamic world of finance, where businesses seek expert guidance on budgeting, debt management, and fundraising, financial advisors play an essential role.