New updates on cybercrime law in the UAE – taking photos without consent
A recent reminder was issued by the UAE Federal Public Prosecution reminding citizens, residents and visitors in the United Arab Emirates on the country’s strict privacy laws. The United Arab Emirates has a very proactive and comprehensive cybersecurity strategy and has developed a strong cybersecurity infrastructure. Cybercrimes in UAE are regulated under Federal degree law …
Continue reading “New updates on cybercrime law in the UAE – taking photos without consent”
FSC Draws a Blueprint on the Future of Banking Business
On October 28, 2021, Mr. Seung-Beom Koh, Chairman of the Financial Services Commission (the “FSC”) held a meeting with the banking industry, including the heads of commercial banks and representatives from industry associations, other regulatory bodies and research institutions.
Turkey: Power of Privileged Shares
Authors: Gönenç Gürkaynak, Esq., Nazlı Nil Yukaruç, Selen Ermanlı Sakar and Nisa Aybüke Eroğlu, ELIG Gürkaynak Attorneys-at-Law
The novel registration of Crypto-Assets Service Providers in Cyprus
A very significant and ground-breaking step has been taken by the Cyprus Securities and Exchange Commission (“CySEC”) to regulate certain activities concerning crypto assets as a result of the transposition of the 5th Anti – Money Laundering Directive (the ‘’AML Directive’’) into the national legislation.
Changes to KFTC Merger Guidelines Took Effect on December 30, 2021
Expanding Scope of Business Combinations Eligible for Simplified Review The Korea Fair Trade Commission (the “KFTC”) amended the KFTC Guidelines on Merger Review (the “Amended Merger Review Guidelines”) to expand the scope of business combinations eligible for a simplified review, and the Amended Merger Review Guidelines took effect on December 30, 2021. A simplified review …
Continue reading “Changes to KFTC Merger Guidelines Took Effect on December 30, 2021”
Personal Data Privacy Protection (PDPP) in The State of Qatar
The importance of Data Privacy: Data privacy refers to the manner in which a piece of information or data should be treated in accordance with its relative value. It also refers to an individual’s capacity to choose when, how, and to what degree personal information about them is shared with or conveyed to others. This …
Continue reading “Personal Data Privacy Protection (PDPP) in The State of Qatar”
Digital Finance: Current Issues and Laws NFTs: Key Korean Legal Considerations
NFTs, or non-fungible tokens, have exploded in popularity recently in line with the surge in interest in the metaverse among companies like Meta (former Facebook) as well as investors and consumers. We discuss the characteristics of NFTs and the legal and regulatory issues relating to them.
Court Allows Lessee to Terminate Commercial Lease as COVID-19 Force Majeure
Court Allows Lessee to Terminate Commercial Lease as COVID-19 Force Majeure.1
DOCTRINE OF DE MINIMIS VIS-À-VIS COPYRIGHT INFRINGEMENT
In the world of social media where people are hooked onto reels, memes and tend to click pictures, vlog their experiences, and post the same on their respective social media handles such as Instagram and Facebook, they unknowingly tend to infringe copyright of multiple owners on multiple occasions in multiple jurisdictions.
CHAMPAGNE for Protected Designations of Origin!
On September 9th 2021, regarding the Protected Designation of Origin (PDO -‘appellation d’origine protégée’ in French) ‘Champagne’, the European Court of Justice ruled in favour of an extended protection of such appellations within the European Union (CJUE, 9 September 2021, C-783/19 (1)).