IFLR: “Philippines: Competition Law Updates”
The December/January issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Philippines: Competition Law Updates”. The article was contributed by SyCipLaw partners Franco Aristotle G. Larcina and Arlene M. Maneja.
No More Linked In Russia?
One of the biggest and most popular Internet companies, LinkedIn, has become the first target of the recent Russian data localization law. The legislation requires businesses operating online to keep Russian Internet users’ data on servers located within Russia.
The conclusion of a restrictive agreement is a new criminal offence in the amended Criminal Code of
The Criminal Code (Official Gazette of RS, no. 85/2005, 72/2009, 111/2009, 121/2012, 104/2013, 108/2014 and 94/2016; Code was amended on 23 November 2016. Most of the new provisions of the Code will enter into force as of 1 June 2017.
Realisation of Expenses under the ‘Canon of Certainty’
27 Dec 2016 at 04:00 NEWSPAPER SECTION: BUSINESS| WRITER: LAWALLIANCE LIMITED COMPANY Realisation of Expenses under the 'Canon of Certainty' More than two centuries ago, Adam Smith set out the rule that equity, certainty, convenience and economy are the top four canons for a good tax system. But since government authorities tend to care …
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2016 FCPA Enforcement Actions and Highlights
Overall, this was a more active year for FCPA enforcement actions when compared to 2015. This year, Department of Justice ("DOJ") took a total of 10 enforcement actions and Securities and Exchange Commission ("SEC") took a total of 25 enforcement actions. Like last year, SEC is more active than DOJ, in terms of numbers of …
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About The Turkish Law On Protection Of Personal Data
Turkey adopted a new regulation for personal and private data protection.
The Czech Republic joins other European countries in regulating the sale and advertising of unhealth
From January 2017, selling and/or advertising chips, soft drinks or mayonnaise-filled sandwiches to children in schools will be illegal.
The interest rate of the AOP guaranteed return remains at 1.75% for 2017
Since the Act of 18 December 2015 entered into force, the interest rate of the legal minimum guaranteed return of the AOP has been variable. This interest rate is published every year by the FSMA on its website before 1 December. For 2017, the interest rate has just been published and remains at 1.75%, the …
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UCITS investment limits to be applied to umbrella funds on look-through basis
The European Securities and Markets Authority has updated its Q&A documents on details of the UCITS rules in November of this year with two additional queries regarding the interpretation of investment limits when a UCITS invests in an umbrella fund.
13 November 2016: Intershop acquires World Trade Center Lausanne
Intershop has acquired the World Trade Center Lausanne as per 1 December 2016 for a purchase price of CHF 105.5 million. The acquisition represents one of the largest real estate M&A transactions in Switzerland during 2016.