Malta Employment Law Updates – January 2019
In August of 2018, four Legal Notices were published making amendments to annual leave entitlement, itemised payslips, transfer of business legislation and temporary agency workers. These legal notices were suspended shortly after publication with further legal notices being published in December of 2018 to amend some of the suspended provisions, and bring into force.
Korean Financial Regulators Advance Legislation to Introduce Regulatory Sandbox to Spark FinTech
Korean Financial Regulators Advance Legislation to Introduce Regulatory Sandbox to Spark FinTech The 2018 year in review in Korea was notable for the sluggish overall economy, uncertainty surrounding the geo-politics and impact on Korea due to the global trade wars, on-going concerns related to the lack of jobs and unemployment, increased taxes and burdens for …
Dismissal At Nissan And Workplace Crime Prevention
The sacking of Nissan’s high-profile chairman may have beenproof that nobody is infallible. But Nicola Sharp argues that it should also beseen as an indicator that no company can be considered safe from wrongdoing.
2018 FCPA Enforcement Actions and Highlights
Overall, 2018 was a more active year in terms of Foreign Corrupt Practices Act ("FCPA") enforcement actions compared to 2017.
Sayenko Kharenko announces new partner promotion
Sayenko Kharenko announces new partner promotion Sayenko Kharenko is delighted to announce the appointment of Maksym Nazarenko as a new partner in the firm’s antitrust & competition practice. Click here.
Supporting local and international charitable organizations
As one of the leading law firms in Cyprus, we are active promoters and supporters of local economic growth by sponsoring local events, applying environmental-friendly practices, minimizing our ecological impact, and most importantly, by raising money for local charities and non-profit organizations.
Has the rapid development of technology and AI created accounting challenges for your clients?
The following article discusses session three in the IR Global Virtual Series on 'The Advent of AI: Embracing Technology in Accountancy'
Stricter supervision in relation to the Scheme for Naturalisation of Investors in Cyprus by Exceptio
Recently there were a lot of publications within the European Union expressing concerns about the allegedly very high number of Cypriot passports being given to foreign investors the last few years. The Council of Ministers has decided on 9th January 2018 with the decision with number 84.069, to impose a stricter supervision of all the …
19% VAT on Plots
In order to harmonize the Acquis Communautaire on the Taxation of untapped and undeveloped plots of land, the Cyprus Government enacted, on 03/11/2017, relevant legislation for the imposition of 19% Value Added Tax (VAT) on these properties, with a date of enforcement being 02/01/2018. The relevant legislation refers to plots/pieces of land offered and/or provided for …
Unfair contract terms
The Unfair Contract Terms Law 93(1)/1996 (the “Law”) as amended, implements the EU Directive 93/13/EEC of 5 April 1993 regime into national law. The objective of the aforementioned legislation is the protection of consumers in the European Union from unfair terms and conditions which might be included in a standard contract for goods and services they purchase. …