Corporate Governance Problems in Kazakhstan
In the course of our (Synergy Partners Law Firm) corporate law practice, we conducted legal due diligence in relation to more than 15 different Kazakhstani companies of different sectors, both large and medium-sized. Our experience helped us to identify some common problems in corporate governance. These problems can be observed by financiers, accountants and managers, …
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Luxembourg exchange becomes international leader for green securities
Since the autumn of 2016, the Luxembourg Stock Exchange has operated the first listing and trading platform worldwide reserved exclusively for environment-focused financial instruments. The Luxembourg Green Exchange (LGX) provides access to securities from a broad range of issuers that are recognised globally as authentically green and offers enhanced information about their environmental characteristics.
Malta: a new magnet for High Net Worth Individuals
Malta has hit headlines for its record economic performance during the last decade and has grown into a booming financial centre in the Euro-Mediterranean region. Sunseeker interviews prominent Maltese lawyer Dr Jean-Philippe Chetcuti, managing partner of Chetcuti Cauchi Advocates, on the reasons for Malta’s attractiveness to affluent international families.
Quarterly Update on Anti-Dumping Cases in Turkey
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.
Significant amendments to Austrian Competition Law – Part I (Overview)
On 6 April 2017, the Austrian Parliament adopted significant amendments to Austrian competition law, as set forth in the Austrian Cartel Act ("KartG") and the Act on the Austrian Federal Competition Authority ("WettbG"). The amendments concern three main areas: (i) implementation of the EU Damages Directive; (ii) introduction of an additional transaction value test in merger control; …
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ECJ Allows Prohibition of Headscarves at Workplace
Employers may prohibit their employees from wearing Islamic headscarves and other religious or political symbols, subject to certain conditions. On 14 March 2017, the European Court of Justice (the "ECJ") adopted a corresponding ruling in Luxembourg and decided on two cases in this respect, one dealing with a receptionist from Belgium and the other with …
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Slovenia Adopts New State Aid Legislation
Slovenia adopted a new law regulating rescue and restructuring state aid, which entered into force in mid-February. When notified to the European Commission as a state aid scheme, it will allow the Republic of Slovenia to support companies and cooperatives in difficulty without having to notify support mechanisms in accordance with the provisions of the …
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أصدر حضرة صاحب السمو الشيخ تميم بن حمد آل ثاني
أصدر حضرة صاحب السمو الشيخ تميم بن حمد آل ثاني، أمير البلاد المفدى اليوم، القانون رقم "4" لسنة 2017، بتعديل بعض أحكام قانون العقوبات الصادر بالقانون رقم "11" لسنة 2004م. Read more…https://goo.gl/GGoNtU sharq_law_firm_newsletter_26_arabic_march_12_2017
Tax Deductibility of Penalties and Surcharges
4 Apr 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS Tax Deductibility of Penalties and Surcharges What would you do if one day a government body issued a ruling that set aside a guideline you were required to comply with, and another day it issued another ruling requiring you to do a different thing, potentially exposing you …
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Specifics Of Remote Labor Legislation And Application Practice In Kazakhstan And Russia
Remote work has already got popular with lawyers, translators, IT specialists, etc. It brings a host of advantages to both employees and employers. Employees can enjoy a more flexible work regime, combining labor and personal duties, and employers, in turn, can cut expenses associated with the lease of premises and organization of workplaces. SPECIFICS OF …