A closer look at Settled Status for EU citizens
Following the release of more details of the UK Government’s scheme for a streamlined application process to grant EU citizens in the UK settled status to safeguard their position following the UK’s departure from the EU, our EEA immigration solicitors here at OTS Solicitors take a look at the post-Brexit position for EU nationals and …
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Armenia intends to extend tax exemptions for IT industry
IT industry in Armenia has seen a dramatic growth for the last few years. The industry size in 2017 has reached 765,1 million USD versus 559,1 million USD in 2015 which represents around 37% growth like for like (National Statistical Service of Armenia 2015, 2016, 2017).
Harsher Penalties Introduced for Harassment and Victimisation at Work
Amendments to the Employment and Industrial Relations Act introduced by Act XIII of 2018.
EIOPA Opinion on the solvency position of insurers and reinsurers in the light of Brexit
EIOPA issues an Opinion on the solvency position of insurers and reinsurers in the light of Brexit.
The European Commission proposes to amend the Motor Insurance Directive
The European Commission proposes to strengthen EU rules on motor insurance to better protect victims of motor vehicle accidents and improve the rights of insurance policyholders.
2018: Insurance regulation in Asia Pacific – Ten things to know about 20 countries
Norton Rose Fulbright’s 2018 and fifth edition of Insurance regulation in Asia Pacific – Ten things to know about 20 countries is now available. The guide provides an overview and practical checklist of ten common regulatory issues for insurance companies. SyCipLaw partner Hiyasmin H. Lapitan contributed the Philippine chapter.
Austrian “White List”
Exceptions from the OBLIGATION TO CARRY OUT A data protection impact assessment Immediately on 25 May, the GDPR-day, the Austrian Data Protection Authority published its White List brining some clarity concerning the obligation to carry out a data protection impact assessment. As expected, especially standardized data processing activities and already registered processing operations that have …
Mergers and Acquisitions: Exceptions of exercise of pre-emptive rights in Armenia
Mergers and acqusitions in the banking industry has been buoyant for the past couple of years in Armenia. This activity has been fuelled by the regulatory requirements for increase of the charter capital of the banks due to the desire of the regulator, the Central Bank of Armenia, to see larger and predictable players in …
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Brief Outline on Cyprus Taxation on Interest Dividends and Profits from the Sale of Titles
A. General The below mentioned comments relate only to companies which are tax residents of Cyprus and refer to the worldwide income these companies may have. Precise reference to relevant provisions of the Income Tax Law or Special Defence Contribution Law, examples and definitions of terms used may be found in our separate extensive reports:-
MALTA – ICOs AND DIGITAL INNOVATION TECHNOLOGY – THE IMMINENT REGULATED ENVIRONMENT
While jurisdictions and legal systems around the world are expressing concern about cryptocurrencies, Malta is promulgating legislation that should give exchange owners and users certainty about the future. The rules are considered to be a one-stop-shop package that will deal with the establishment of a new authority, regulated exchanges and license Initial Coin Offering (ICO) companies and …