What is the latest in privacy law reform?
The Overseas Investment Amendment Bill (the Bill) was passed yesterday after its third and final reading. It is likely to receive Royal assent this month. Once that occurs, the provisions of the Bill that limit the ability of overseas persons to purchase residential property in New Zealand and the changes in the regime governing overseas …
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New Proposed Tax Law Amendments Provide Clarification on the Taxation of Foreign Funds
On July 30, 2018, the Korean Ministry of Economy and Finance (“MOEF”) announced the proposed tax law changes/amendments for 2019 and beyond (“Proposals”). The Proposals are expected to be reviewed and finalized by the Korean National Assembly in December 2018. Some key Proposals that should be of great interest to private equity funds and other …
Amendments To Turkish Fx Rules Re. Contracts Denominated In Foreign Currency
2018 has been a turbulent year in the Turkish economy and by extension significant changes has taken place in the Turkish foreign exchange rules which was mainly triggered by the recent overshooting in the foreign exchange rates against Turkish lira.
Residential land amendments mark new era in New Zealand’s overseas investment regime
The Overseas Investment Amendment Bill (the Bill) was passed yesterday after its third and final reading. It is likely to receive Royal assent this month. Once that occurs, the provisions of the Bill that limit the ability of overseas persons to purchase residential property in New Zealand and the changes in the regime governing overseas …
Serbia Enacts a New Data Protection Law
In light of the new EU data protection scheme, shaped by the GDPR, Serbia has enacted a new Data Protection Law on 9 November 2018, with its' applicability postponed for 21 August 2019. The new law was long-awaited: it has been 10 years since the existing law was passed, which was even at that moment …
KFTC to Expand Scope and Penalties of Korea’s Antitrust Enforcement Regime
Korea’s competition authority, the Korea Fair Trade Commission (the “KFTC, has announced a proposal to expand its existing enforcement authority to the courts and prosecutors through a full-scale reform of the Monopoly Regulation and Fair Trade Act, Korea’s primary competition statute. If all proposed reforms are passed by the National Assembly as currently drafted, the …
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Maryna Hritsyshyna joins Sayenko Kharenko
Sayenko Kharenko’s energy practice acquired top industry talent to consolidate all of the firm’s work and expertise in the sector Maryna Hritsyshyna joins Sayenko Kharenko after spending almost seven years at WIND POWER LLC, sub-holding of DTEK RENEWABLES. Maryna specializes in renewables projects, energy market, and dispute resolution in the energy sector. Being responsible for …
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Svitlana Musienko joins Sayenko Kharenko as a partner
Svitlana Musienko joins Sayenko Kharenko as a partner Sayenko Kharenko has strengthened its tax practice with a new partner hire. Svitlana Musienko brings 20 years of professional experience advising major international companies and the largest Ukrainian business groups on domestic and international tax planning, transfer pricing, tax issues, corporate law, and investment structuring. Prior to …
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Bribery And The Risk It Poses To Technology Companies
With Microsoft’s activities in Hungary having come underinvestigation, Nicola Sharp explains why those at the cutting edge oftechnology need to be aware of the age-old dangers of bribery.
Bär & Karrer Advises the Banking Syndicate in the Rights Offering of ARYZTA
On 19 November 2018, ARYZTA, a global food business with a leadership position in speciality bakery, completed a capital increase by way of a rights offering structured as a volume underwriting in the amount of approximately CHF 900 million. 97.4% of the shareholders of ARYZTA exercised their subscription rights in the rights offering. The new …
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