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A Landmark Decision by the Constitutional Court about On-site Inspections Conducted by the Turkish Competition Authority: A Judge’s Decision is Necessary for Conducting On-site Inspections

| June 26, 2023

The Constitutional Court published a significant decision (“Decision”) which includes critical assessments on whether the on-site inspections conducted by the Turkish Competition Authority (“TCA”) violate the inviolability of domicile protected under Article 21 of the Constitution of the Republic of Turkey (“Constitution”).

What are the steps to follow in case of violation of the right to the protection of personal data ( GDPR )?

| June 26, 2023

Both national and European legislations guarantee the right to the protection of personal data to any citizen of state that is part of the European Union.

Amendment to the Arbitration Act

| June 23, 2023

The amendment to the Arbitration Act of Japan (the “Arbitration Act”), passed by the Japanese Diet on April 21, 2023, will become effective within one year from the day of promulgation,

“Customer Oriented Business Conduct” in the Forthcoming Amendment to the FIEA

| June 23, 2023

On March 14, 2023, the Financial Services Agency of Japan (the “JFSA”) submitted to the Diet a bill (the “Bill”) for partial amendment of the Financial Instruments and Exchange Act of Japan (the “FIEA”) and the Act on Provision of Financial Services of Japan (the “Financial Services Act”).

Administrative Sanction Law in a Brand-New Edition

| June 23, 2023

The new edition of the book “Administrative Sanction Law” by Fábio Medina Osório, published by Thomson Reuters/Revista dos Tribunais, is now available on the Amazon platform and in physical bookstores.

RBI’S DEFAULT LOSS GUARANTEE GUIDELINES: A SAFETY NET FOR FINTECH

| June 22, 2023

In a significant move, the Reserve Bank of India (RBI) has recently issued Guidelines on Default Loss Guarantees (DLG) in Digital Lending.

The Sustainable Finance Framework of the Cyprus Ministry of Finance’s Debt Management Office

| June 22, 2023

The Cyprus Ministry of Finance’s Debt Management Office (“DPMO”) issued a Sustainable Finance Framework (“Framework”) in January 2023 in light of its long-anticipated sustainable bond issuance.

Green, Social, Sustainability-Linked Loan Principles and the revised Guidance

| June 22, 2023

On February 2023, the Loan Market Association (“LMA”), in collaboration with the Asia Pacific Loan Market Association,

The Digital Operational Resilience (DORA)

| June 22, 2023

The European Union (“EU”) has issued a Regulation on Digital Operational Resilience (“DORA”) in the EU financial sector,

Cyprus: A Digital Economy

| June 22, 2023

Nowadays, technology and globalisation are re-shaping the world. Therefore, companies need to adapt to the new challenges and transform and evolve accordingly, in order to both seize the opportunities and mitigate the risks.

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