BLACKOAK WORKSHOP SERIES – BLOG 6: LOOK CHAN HO EXPLAINS THE NEW HK/MAINLAND CHINA CROSS-BORDER INSOLVENCY ARRANGEMENT
Look Chan Ho of Des Voeux Chambers HK gives us an illuminating overview of the new HK/Mainland China cross-border insolvency arrangement which was announced recently. The new arrangement provides a framework for mutual recognition of restructuring and insolvency proceedings between the two jurisdictions including recognition of HK schemes of arrangement. Look also gives an update in this blog, …
PDPA Effect Date Again Postponed
The enforcement date of the Personal Data Protection Act (PDPA), 1 June 2021, is postponed by another year.
Abolishment of the Employment License Requirement
Prior to the 11th of March 2021, all third country nationals who had long-term residence status in Malta were still expected to obtain an employment license in order to work in Malta. This has changed following the publication of Legal Notice 84 of 2021.
Deception of Greenwashing
Today, the young consumer’s expectations from the brands they buy are beyond good quality products. The millennials globally expect brands to do good in the world. The consumers hope that the brands resonate with their values and care about the environment, produce products responsibly without harming natural resources, and at the same time uplift the …
Angola Exchange Policy
The National Bank of Angola (“BNA”) recently published, in the use of its powers, the following pieces of legislation:
NEW VOLUNTARY ARBITRATION REGIME
Law no. 6/2021, of 31 March (“Law 6/2021”), which enacts the voluntary arbitration law (“VAL”) and for the first time amends the Code on Civil Procedure (“CCP”), was published in the Timor-Leste Official Gazette.
ONLINE REGISTRATION FORM FOR SUPPLIERS OF THE OIL SECTOR
The National Petroleum, Gas and Biofuels Agency (“ANPG”), the National Concessionaire for the Angolan oil sector, has recently made available the online registration form for the sector’s suppliers.
RESIDENCE PERMIT FOR INVESTMENT ACTIVITY: AMENDMENTS TO THE INVESTMENT REQUIREMENTS
Decree-Law 14/2021, of 12 February 2021 (“DL 14/2021”) amended the legal framework of residence permits for investment activity to encourage investment in inland areas, the creation of jobs and urban and cultural heritage re-qualification.
NEW RULES IN PORTUGAL ON ELECTRONIC DOCUMENTS AND IDENTITY
The legislation implementing in Portugal the European Regulation(1) on electronic identification and trust services for electronic transactions in the internal market has been approved and published.
Ownership and marketing of broadcasting rights for the Portuguese professional football leagues (I and II Leagues)
On 23 March 2021, the new legal regime regarding the ownership of broadcasting rights of the 1st and 2nd football leagues came into force (Decree-Law no. 22-B/2021, of 22 March).