Sanctions | EU adopts 14th economic and individual sanctions against Russia
On June 24, 2024, after intense negotiations between member states, the European Union adopted its 14th set of sanctions against Russia.
A Nod For Swaps And Deferred Consideration in Downstream Investment: Unlocking the Foreign Investment Regime in India
I. Introduction The Foreign Exchange Management Act, 1999 (the “FEMA”), along with the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (the “NDI Rules”), constitutes the primary legal framework governing foreign equity investments (both direct and indirect) in India. Additionally, instructions issued on foreign investment in India and its related aspects under the FEMA in the …
Key Guidelines on RoPA Exemptions for Small Enterprises
IN BRIEF The Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) exempted small enterprises from the obligation to create, record, and retain a Record of Processing Activities (“RoPA”) under Sections 39 and 40.
The Schengen Effect: Legal benefits for companies in Romania
Romania’s accession to the Schengen Area brings multiple economic and legal benefits for existing companies, as well as for entrepreneurs who wish to start up business in Romania,
English Jurisdiction Challenges: Some recent guidance
In complex international disputes, a key consideration is where to litigate. This issue is fundamental to any litigation strategy for a well-advised claimant – one jurisdiction may carry notable advantages over another, producing a better outcome for clients.
CGS sells 50% of its share capital in R&S Group Holding AG by way of a block trade
CGS III (Jersey) L.P. has successfully sold 2,532,055 shares in R&S Group Holding AG (SIX: RSGN) by way of a block trade to a group of Swiss and international investors.
Major changes for business activity codes in Romania
The current NACE codes in Romania (classification of economic activities in Romania) nomenclature came into effect on January 1, 2025.
Tax updates in 2025 for Romanian companies
A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in Romania.
Legal Update on the Draft Decree Guiding the Implementation of the Data Law
On 30 November 2024, the Data Law was officially passed and will come into effect on 01 July 2025. To concretise the provisions of the Data Law,
Prevention of the Electronic Crimes Act (Amendment) Act 2025
The Prevention of the Electronic Crimes Act (Amendment) Act 2025 has been promulgated.