Guidance On The Direct Application Of The General Data Protection Regulation
The European Commission (the “Commission”) has issued, on the 24 January, a Communication containing guidance in view of facilitating the direct application of the General Data Protection Regulation (“GDPR”) in all the European Union (the “EU”) as of 25 May 2018 (the “Communication”). Simultaneously, the Commission has also published a set of GDPR-related Q&A and …
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Beware Of Rpm – Commission Issues Fines For Online Resale Price-fixing
On 24th July 2018, the European Commission (EC) issued four decisions fining Asus, Philips, Denon & Marantz and Pioneer, for a total of 111 million EUR, for fixing or establishing minimum resale prices on online retailers, a commercial practice also known as resale price maintenance (RPM). According to the EC, such RPM practices restricted online …
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New Basic Regulation On Common Rules In The Field Of Civil Aviation
NEW BASIC REGULATION ON COMMON RULES IN THE FIELD OF CIVIL AVIATION AND ESTABLISHING A EUROPEAN UNION AVIATION SAFETY AGENCY On 11 September 2018 came into force the new Basic Regulation – Regulation (EU) 2018/1139 of the European Parliament and of the Council of 4 July 2018 on common rules in the field of civil …
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Conversion Of Credits Into Capital In Companies With A Minimum Turnover Of €1 Million
Law no. 7/2018, of 2 March 2018 was published last Friday, establishing a new legal framework for conversion of credits into capital. Approved as part of the Programa Capitalizar (Capitalize Program) and effective as of 3 March, the Act affords companies and their creditors an extrajudicial recovery and restructuring avenue to act swiftly with regard …
Programa Capitalizar (capitalize Program) – Extrajudicial Framework For Business Recovery
Law no 8/2018, of 2 March 2018 was published last Friday, establishing the Regime Extrajudicial de Recuperação de Empresas (Extrajudicial Framework for Business Recovery) (“RERE”), which is effective as of 3 March 2018.
Regulation Of The Beneficial Owner Central Register Legal Regime
Ministerial Order 233/2018, of 21 August 2018 (“Ministerial Order 233/2018”), which regulates the legal regime of the Beneficial Owner Central Register (“BOCR”), enacted by Law 89/2017, of 21 August 2017 (“Law 89/2017”), enters into force today.
Right To Compensation For Damages From Infringements Of Competition Law
Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on …
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Proposal For Amendment – Transfer Of Undertakings, Businesses Or Parts Of Businesses
Today was promulgated by the President of the Portuguese Republic, the diploma of the Parliament amending the legal regime applicable to the transfer of undertakings, businesses or parts of businesses and that strengthens the rights of workers, proceeding to the amendment to the Labor Code, approved in annex to Law No. 7/2009, of 12 February
Angola | Amendments To Private Investment Rules On The Government Radar
A new organizational model for the carrying-out of private investment operations is currently being considered by the Angolan Government. The basis for this new model was recently published by the Technical Unit for Private Investment (“UTIP”) – a specialized unit established back in 2015, responsible for assisting the Head of the Executive with private investment …
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Angola – Natural Gas Framework Law
Presidential Legislative Decree 7/18, of 18 May 2018 (“PLD 7/18”) enacted the Angola Natural Gas Framework Law. Below you will find an overview of PLD 7/18.