A review of changes to Brazilian laws related to social security contributions. In some economic sectors, Brazilian law reduce social security contribution requirements to encourage growth.
The Anti-Corruption Law entered into force in Brazil last month. Under the new law, parent companies, subsidiaries, other affiliates and consortiums are jointly and severally liable for payment of fines and indemnification of damages resulting from unlawful acts. Read this article for further discussion of the main matters covered by the new law. This article is also available in Portuguese:
<p><a href=" http://www.acc.com/legalresources/resource.cfm?show=1359561">The Brazilian Anti-Corruption Law Comes Into Effect (Portuguese)</a></p>
This alert contains an overview of current rules on access to clinical trials data, an overview of the anticipated legislative changes and provides a summary of the issues that the new regulation may bring, including concerns raised by the industry.
On 20 October 2011, the European Commission proposed a new directive on criminal sanctions for insider dealing and market manipulation. This proposal was approved by the European Parliament on 4 February 2014. In this legal alert, we outline the main changes.
In this briefing, you will find short, easy-to-follow guides to the main regulations which are changing the route to issuance and beyond. We hope you find it useful.
While the SFC's consultation conclusions may soften the proposed requirement or adapt to industry comments, it is unlikely to be "scratched" from the field in its entirety. Potential change on this front, and the need to incorporate some form of suitability criteria into client agreements is therefore likely to be a starter in the Year of the Horse.
The Company Law of the People’s Republic of China currently in force adopts a company registration system under supervision. Specific rules within the legislation cover a registered capital system requiring a minimum amount of registered capital, a certain capital contribution period and a minimum ratio of cash contribution.
This article reviews the recent amendments to the law. This reform relaxed the governmental supervision required and will see significant innovations in the company registration system, especially in the registered capital aspect.
A discussion of the tension between Brazil's bank secrecy laws and governments' need to collect data on unpaid taxes.
A discussion of the Foreign Account Tax Compliance Act's (FATCA) reach beyond US borders, with specific focus on how Brazilian banks comply with the law.
Your company has announced a merger. Most counsel will immediately start to assemble their factual and economic evidence and develop their best arguments to present to the agencies. Yet, equally important is developing a strong working relationship with agency staff. Here are some practical tips on how you can better communicate with agency staff in order to increase the chances that your company's deal will ultimately be approved.