Climate-related risk highlighted in Reserve Bank Act review
The role of the Reserve Bank in assessing and responding to the risks climate change poses to financial stability features in the current consultation on New Zealand's financial policy framework. Inclusion of climate change as part of the wide-ranging review of the Reserve Bank Act is further evidence of the growing trend towards climate-related risk …
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Taxation of the Digital Economy: update
In early June the Government released a discussion document on New Zealand's options for taxing the digital economy.
Who reads online terms, and does it matter? Lessons from the US
"Any internet user knows, website terms and conditions are burdensomely long. One rarely reads the fine print when they create a social media account, buy an e-book or movie, use a ridesharing service, or download a mobile app."
Mandatory reporting requirements soften in Privacy Bill
The Privacy Bill began its second reading before parliament on Tuesday 18 June. The proposed legislation is set to reshape the privacy landscape and bring New Zealand in line with global trends.
Bär & Karrer Successfully Assisted UEFA Before the Court of Arbitration for Sport
The proceedings concerned an appeal filed by the Albanian football club KS Skënderbeu against a decision issued by UEFA.
Quarterly Update on Trade Defense Cases in Turkey (June 2019)
The authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, has been given from the Ministry of Economy to the Ministry of Trade ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
Presidential Circular on Information and Communication Security Measures
Presidential Circular on Information and Communication Security Measures ("Circular") is published in the Official Gazette of July 6, 2019. The aim of the Circular is reducing of security risks and governing measures to be taken to ensure safety of information which is critical to national security and public order.
Company Formations – A jurisdictional guide to setting up a business
The following article contains the Foreword in the IR Global Virtual Series brochure on 'Company Formations – A jurisdictional guide to setting up a business'. The brochure features jurisdiction-specific advice from 24 firms with expertise in company formations. They guide you through the various formation vehicles available in their jurisdictions, and offer advice on regulatory …
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Bär & Karrer Advises Acushnet on the Acquisition of KJUS
Acushnet Holdings Corp., the worldwide leader in the design, development, manufacture and distribution of golf equipment and wear, has announced the acquisition of KJUS, a Swiss-based ski and golf sportswear company.
Bär & Karrer Advised Cembra Money Bank on the Financing of the Acquisition of cashgate
Cembra Money Bank has agreed to acquire cashgate. The purchase price for the acquisition of cashgate and the refinancing of cashgate's loan portfolio is partly backed by a bridge facility and is financed and refinanced by the sale of treasury shares (gross proceeds of CHF 112.8 million) in an accelerated bookbuilding, the placement of CHF …