In his address to the Committee for Economic Development Australia, Chair Rod Sims announced the Australian Competition and Consumer Commission’s (ACCC) Compliance and Enforcement priorities for 2021. The ACCC’s priorities for 2021 are consistent with their 2020 update, but COVID-19’s impact has been taken into account, in addition to the various competition, consumer and aw reform matters.
In December 2020, the Financial Services and the Treasury Bureau (FSTB) of the government of Hong Kong issued a proposal to provide tax concession for interest distributed by eligible private equity funds which operate in Hong Kong. This proposal summarised and addressed comments and feedback from a prior response issued by the government of Hong Kong in August 2020. This article is a detailed submission on the August 2020 proposal.
This article provides a summary of the update on the United States (US) sanctions against Community Chinese Military companies and the implications for the securities market of Hong Kong. On 12 November 2020, the US President issued Executive Order 13959 (EO13959), which has caused significant market uncertainty; EO13959 prohibits certain transaction insecurities linked to what it has described as Communist Chinese Military Companies.
On 8 February 2021, the Securities and Futures Commission (SFC) of Hong Kong (SFC) issues a consultation paper, which if successfully enacted as it was proposed, would have an impact on the way in which public offerings of equity and debt securities are made in Hong Kong. The following article provides an overview on the provisions of the consultation paper and the specific effects of its inaction.
In light of the news that 2020 has been an exciting year for Hong Kong’s asset and wealth management industry, this article provides an overview of the of a recent proposal issued by the Hong Kong government’s Financial Service and The Treasury Bureau. This proposal provides a framework and procedures involves in the redomiciling process of an offshore fund to Hong Kong.
In this Quick Overview, the intricacies of the legal department’s role in organizations’ culture journeys is examined as well as why this positions general counsel (GCs) as cultural role models within organizations.
Finding and assessing potentially relevant Electronically Stored Information (ESI) is a key aspect of Early Case Assessment (ECA), but more than that, ECA is analyzing and evaluating legal liability and potential costs from the beginning. In this article, learn how to assess your company's situation and create the best path forward.
Under new policies enacted by the government, fewer small and medium-sized enterprises (SME) in Germany will be required to appoint a data protection officer (DPO). The new plans now mean that SME that have under 50 employees involved in automated processing of personal data will no longer have to appoint the DPO (the previous threshold was 20 employees).
In this Top Ten, in-house counsel will ten important points to consider when employers want to recruit people from states that are not part of the European Union (EU) or of the European Free Trade Association (EFTA) to work in Switzerland.
Coming out of the tragic explosion that occurred in Beirut on August 4, 2020, companies are looking at the extent of property damage to the central Beirut area. This article addresses some of the insurance and other liability considerations that all should be aware of so that they be in a position to recover for their losses.