Divorce in UAE for Indian Expats
The UAE today has a total population of 3.5 million Indian Expats, which comprises 27 % of the total population of the UAE. Through this article, we would like to guide you on the latest changes brought in the UAE personal laws and how the same affects Indian Expats.
The United States Corporate Transparency Act (“CTA”) of 2021
The CTA was enacted on January 1st, 2021 as part of the National Defense Authorization Act to prevent the use of companies to evade anti-money laundering rules or to hide other illegal activities. Under the CTA companies will be required to report information regarding its beneficial owners with a beneficial ownership registry maintained by the …
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ANGOLA – Legal Reform
Angola begins the Judicial year with several reforms in law and justice. A new criminal and procedural code, a new legal diploma aimed at fighting corruption and impunity. This reform seeks to answer the lack of criminal justice, prevention and repression of crimes of a political and economic nature.
8 Things to Remember about Bounce Cheque in UAE
Bouncing of Cheques is witnessed as the incessant complication confronted by the people of UAE. The criminal act is defined under the provisions of criminal law and it can result into penalties and punishments which can prove to be really stringent and intimidating as confirmed by Criminal Lawyers of Dubai. Entities and foreign exchanges, loan …
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Asset Tokenization: Trends & Developments in Cyprus
Asset tokenization constitutes a relatively new process. Yet, it has been receiving increasing levels of attention across several jurisdictions, with positive indications as to its ability to revolutionize the way different assets are held, traded and used.
A Guide on Legal Developments and Government Initiatives in Cyprus
Following the 2007-2009 global financial crisis, the financial services sector has been subjected to a process of intense regulatory overhauling, leading to many of the complex laws that are applicable today in relation to funds, banks, investment and insurance firms. In the context of this legal and regulatory reshaping, new entrants have made their appearance, …
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Silent, but not Uncooperative – an Important Decision by the ECJ
As the famous Arabic proverb says, ‘Silence is golden’. And it seems that this nugget of ancient wisdom still holds true today – even in law; even when it comes to a high-profile case before the European Court of Justice. To find out why would silence be so important as to cause a stir among lawyers throughout …
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Vertical Restraints in the Sights of the Serbian Commission for Protection of Competition
In the last few months, the Serbian National Competition Authority (“NCA”) has turned its attention to sanctioning agreements between undertakings where resale prices are maintained. After taking cases against consumer electronics undertakings, the NCA recently opened an investigation against a general importer and its three car dealers of “Audi” vehicles, in the course of its sectoral analysis of the markets …
Overview of recent developments amid Covid-19 pandemic
This note seeks to provide an overview of some of the key recent developments in the area of competition law with regards to the challenges brought about by the Covid-19 pandemic (“the pandemic”) and the disruption induced by digitalization and online marketplaces.
THE CYBERSECURITY COMPETENCE CENTRE STARTS TO TAKE SHAPE REGULATION ADOPTED BY THE COUNCIL OF THE EU
Introduction In the recent years, cybersecurity has become one of the crucial areas that the European Union (“EU”) decided to invest in to get fit for the digital era. In order to acquire leadership and autonomy in this field, the EU takes steps to develop competencies, capacities and capabilities.