Quarterly Update on Anti-Dumping Cases in Turkey (December 2017)
In Turkey, the authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, is given to the Ministry of Economy ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
Airbus And The Risks Of Bribery Across Borders
Syedur Rahman and Nicola Sharp examine the risks of bribery in international trade and how corporates should respond if they face such allegations.
The Paradise Papers – Defending Tax Evasion Allegations
Aziz Rahman considers how anyone under investigation following the Paradise Papers leaks can mount the strongest possible defence.
New Circular Letter on stock option plans
As announced by the Luxembourg Finance Minister in his presentation of the 2018 budget bill, the government introduced certain amendments to the current tax regime of stock option plans. In particular, the valuation of freely negotiable options will be increased as of 1 January 2018 from 17.5% to 30% of the value of the underlying …
Continue reading “New Circular Letter on stock option plans”
Loi modifiée du 10 août 1915 concernant les sociétés commerciales-version consolidée au 19 déc
We would like to draw your attention to the release of an official coordinated version of the amended law of 10 August 1915 on commercial companies. The law of 10 August 1915 has been entirely renumbered and the table of contents has also been reordered. The new version does not contain any substantial change. The …
Back to 2017 – Forward to 2018
2017 was a busy year, not least in respect of legal and regulatory changes that may impact your business. We are pleased to provide you with an overview of the major legal and regulatory developments under Luxembourg and EU law.
The Rise Of The Dpa
With deferred prosecution agreements (DPA’s) now part of theFrench, UK and US legal systems, Aziz Rahman explains their value – and how toobtain one.
Collusion And Competition Law
Syedur Rahman and Nicola Sharp look at the Financial ConductAuthority’s action to tackle alleged breaches of competition law.
Crowdfunding Legislation Introduced in Turkey
I – Introduction On December 5th, 2017, with the Omnibus Bill No. 7061 published on the Official Gazette, the Capital Markets Law No. 6362 ("Law") is amended in a way to pave the way for the financing tool "crowdfunding" in Turkey. As per the changes introduced under Articles 3, 4, 16, 35/A and 99 of …
Continue reading “Crowdfunding Legislation Introduced in Turkey”
Launch of the Legislative Framework for Interest-Free Insurance Systems
Within the context of the 10th Development Plan of the Ministry of Development and the 64th Government Program, aiming to develop interest-free finance mechanisms, the Banking Regulation and Supervision Agency is currently working to finalize a draft bill regulating the interest-free financing principles under a single roof. As part of such initiative, the Regulation on …
Continue reading “Launch of the Legislative Framework for Interest-Free Insurance Systems”