Virtual Currencies & ICOs in Malta – State of Play
It is fair to say that virtual currencies (“VC”) and initial coin offerings (ICOs) have been all the rage in 2017 and, while many of the more well-renowned VCs have lost more than 50% of their value in the first quarter of 2018, this new digital asset phenomenon has not shown any signs of relenting.
Maravela|Asociații’s competition practice on the rise
With an increasing work load and Client portfolio on the rise, Maravela|Asociații’s competition department sustained a considerable development throughout the past five years, driven by the passion and specialization of the entire team.
Privatisation Disputes
This article was written by Milan Lazić, Senior Partner , and Milica Savić, Senior Associate , and originally published in the "Reshaping the boundaries of arbitrability: Are we heading forward?" publication by the Permanent Arbitration at the Chamber of Commerce and Industry of Serbia.
Anti-Corruption Climate in Turkey: A Quick Guide for Multinational Companies
The Current Legal Landscape and Major Areas of Risk Exposure Based on Practical Experience As an emerging market, Turkey is rightly considered to be a business and commercial hub for the EMEA region, as well as an important market for many multinational companies. In 2017, Turkey received a score of 40 points in Transparency International's …
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Significant Amendments and Novelties to Turkish Capital Markets Legislation
Turkey: Significant Amendments and Novelties to Turkish Capital Markets Legislation during the First Half of 2018 This article will address significant amendments and novelties introduced for Turkish capital markets legislation during the first half of 2018 as in line with specific needs and interests of public and private institutions, companies, shareholders and/or investors being subject …
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Employing Foreign Specialists in Ukraine – Rules of the Game Have Been Simplified?
Following the strategy of the Government to improve the doing business climate in Ukraine, Parliament adopted the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Concerning Elimination of Barriers for Foreign Investments Attraction” dated May 23, 2017 (hereinafter – “the Law”), which came into force on September 27, 2017. The Law with …
THE CYPRUS BANKING CRISIS General Court of the European Union Judgments in Cases T-680/13 & T-786/14
On 13 July 2018 the General Court of the European Union ("the Court") issued its judgments on the cases T-680/13 and T-786/14 whereby the claims for compensation based on non-contractual liability launched by several individuals and companies in relation to the Cypriot banking sector claiming damages from the European Union have been rejected.
Domestic violence victims one step closer to receiving greater protection from their employer
The Domestic Violence – Victims' Protection Bill took another step forward in Parliament in June and has now passed its second reading.
A Brief Comparative Study Of The Citizenship For Investment Programmes Offered By Malta And Cyprus.
Introduction In recent years many countries have initiated programmes allowing high net-worth individuals to acquire citizenship by means of investment. Certainly, one cannot deny that this process has been influenced by destabilization of certain regions, globalisation and migration for reasons of stability, prosperity and other personal reasons or financial reasons that such persons may have. …
Harmonising the GDPR in Mauritius
Mauritius is the first country in the southern hemisphere to have recently revamped its data protection legal regime by repealing the previous Data Protection Act 2004 ("DPA 2004") and adopting a new law, namely the Data Protection Act 2017 ("DPA 2017") following the adoption of the General Data Protection Regulation (Regulation (EU) 2016/679) ("GDPR") in …