The General Data Protection Regulation in Force
The General Data Protection Regulation ("GDPR" or "Regulation")1 that was approved by the European Union ("EU") Parliament and entered into force in 2016 has started to be applied as of May 25, 2018. The GDPR lays down rules relating to the protection of natural persons ("data subjects") with regard to the processing of personal data, …
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General Information on Registration to the Data Controllers Registry and the Decision of the Persona
Law on the Personal Data Protection numbered 6698 ("Law") was accepted on 24 March 2016 and entered into force, except for certain articles that are reserved, through publication in the Official Gazette dated 7 April 2016 and numbered 29677…
Federal Penal Code Amendments
In the latest development in an eventful year, Federal Decree-Law 24 of 2018 introduces amendments to the Federal Penal Code, originally enacted as Federal Law 3 of 1987. The amendments are designed to make the Penal Code consistent with other recent federal legislation and current federal enforcement policies. Only ten provisions of the statute have …
How are accountancy practices embracing existing AI to enhance their offering?
The following article discusses session one in the IR Global Virtual Series on 'The Advent of AI – Embracing technology in accountancy'.
Bribery Allegations In More Than One Jurisdiction: The Importance Of Ensuring A Joined-up Defence Ap
Aziz Rahman considers the Ericsson bribery investigation and outlines how best to respond if you are investigated by more than one law enforcement agency
How will Brexit affect existing contracts or the preparation of new contracts between commercial ent
The following article discusses session three in the IR Global Virtual Series on 'The Business of Brexit: Implications for the commercial contract process'
Sulphur Cap Ahead – Regulatory
Sulphur Cap Ahead – Regulatory
Bvi’s New Economic Substance Legislation
The British Virgin Islands are rushing to pass by the end of December the new economic substance legislation to avoid the EU’s blacklist of tax haven jurisdictions.
GTDT Shipping – India
Mr Shardul Thacker heads the shipping, oil and gas and banking practice group at Mulla & Mulla & Craigie Blunt & Caroe. Lloyd’s List ranked him third in their top 10 lawyers stating: “Highly regarded for his work in the liquefied natural gas sector, particularly for interesting and highly geared finance deals in relation to …
AVELLUM advised largest Ukrainian brick manufacturer on restructuring and refinancing of its debt
AVELLUM acted as the Ukrainian legal counsel to Private Joint Stock Company with Foreign Investments “Slobozhanska Budivelna Keramika” (“SBK”) in connection with the restructuring and refinancing of SBK’s debt, valued at approximately EUR20 million. Atlas Advisors, an independent investment banking firm, acted as the exclusive financial advisor to the SBK’s shareholders in connection with the …