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Colombia Update: Normalization Plan of Control and Corporate Group Situations
The External Circular No. 100-000003 of 2021, enacted by the Superintendence of Companies (the “Superintendence”), by means of which it requests to the applicable companies to comply with the registry...
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The EU Plans to Reign In the Gig Economy
TechCrunch’s Natasha Lomas writes an incisive analysis of proposed EU legislation for the gig economy, which it hopes will improve conditions for platform workers across the block, including by establishing...
read moreIndia Update: SEBI’S PROPOSED CHANGES TO THE PREFERENTIAL ISSUE GUIDELINES AND INFORMAL GUIDANCE ON INVESTMENT ADVISER REGULATIONS
Review of Preferential Issue Guidelines The SEBI has released a consultation paper on the preferential issue guidelines prescribed under Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations,...
read moreVietnam Joins WIPO Copyright Treaty
On November 17, 2021, Vietnam deposited its instrument of accession to the World Intellectual Property Organization Copyright Treaty (WCT), becoming the 111th member of the WCT. The provisions of the...
read moreUK Update: Face Off: Facial recognition company in potential £17 million fine from ICO
On 29 November 2021, the UK Information Commissioner’s Office (“ICO”) announced its provisional intent to impose a potential fine of just over £17 million on Clearview AI Inc (“Clearview”), a...
read moreItaly update: Attribution of voting rights through the signing of a shareholders’ agreement
Civil Cassation, Sec. I, judgment of 23 November 2021, n. 36092 Shareholders may grant the director the subjective right to vote through the signing of a shareholders' agreement provided that...
read moreUpdate on Vietnam’s Draft Decree on Personal Data Protection
On February 9, 2021, Vietnam’s Ministry of Public Security (MPS) released the full text of the Draft Decree on Personal Data Protection (“Draft PDPD”) for public consultation, after having released...
read moreREGULATION: MANUFACTURING OF HANDCRAFTED COSMETIC PRODUCTS IN PANAMA
Executive Decree No. 875 of November 18th, 2021 1.What is considered a handcrafted cosmetic product? Handcrafted cosmetic products are defined as personal care products, such as creams, emulsions, lotions, balms,...
read moreCROSS-DEBARMENT: AN INSTRUMENT TO FIGHT CORPORATE CORRUPTION AND FRAUD BY MULTILATERAL DEVELOPMENT BANKS AGAINST NIGERIAN COMPANIES AND INDIVIDUALS.
Introduction The World Bank and other Multilateral Development Banks (“MDBs”) have always shown concern about the prevalence of corruption among contracting institutions, globally. Corruption was placed firmly on the agenda...
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