IMPLICATIONS OF THE DIGITAL RUPEE ON CRYPTOCURRENCY IN INDIA
Virtual currencies have always been tightly restricted, if not outright prohibited, in India. The Reserve Bank of India (“RBI”) has consistently opposed the use of “private virtual currencies” due to their uncontrollability. Illicit black-market transactions and shadow economies are feasible because the RBI has no control over who or how much cryptocurrency is transported where. …
Continue reading “IMPLICATIONS OF THE DIGITAL RUPEE ON CRYPTOCURRENCY IN INDIA”
KEY LICENSING REQUIREMENTS FOR INVESTMENT ACTIVITIES UNDER THE LAW ON INVESTMENT 2020 OF VIETNAM
Investors Licensing requirements 100% Vietnamese domestic investors Investors being FIE >50% [i] Investors being FIE ≤ 50% [ii] Foreign investors 1. Investment licensing requirements for new investment projects (green-field investment) IPD [iii] Mandatory if an investment project falls under cases provided in Articles 30, 31, and 32 of the Law on Investment 2020 [iv] IRC …
Analysis of the Digital Personal Data Protection Bill, 2022
India’s Ministry of Electronics and Information Technology (‘MeitY’) recently released the (long-awaited) draft Digital Personal Data Protection Bill, 2022 (‘DPDP Bill’) on November 18, 2022, and solicited all relevant stakeholders to submit their suggestions and comments (no later than December 17, 2022). The DPDP Bill constitutes the latest in a series of draft legislation propagated …
Continue reading “Analysis of the Digital Personal Data Protection Bill, 2022”
Commercial Lease Agreements in India
A commercial lease agreement (“Agreement”) is an instrument and a contract executed between the owner (“Lessor”) of an immovable property (“Property”) for lease and the entity/individual (“Lessee”) desirous to lease (acquire possession) the Property for commercial purposes. This Agreement records the terms and conditions which bind the parties to the transaction and are mutually agreed …
Statistics on Data Breach Notifications for the Last 5 Years
According to Article 12 of the Law No. 6698 on Protection of Personal Data (“Law”) [1], data controllers are obliged to prevent unlawful processing of personal data, unlawful access to personal data, to ensure the protection of personal data, and to take all necessary technical and administrative measures to ensure the appropriate level of security. …
Continue reading “Statistics on Data Breach Notifications for the Last 5 Years”
ARBITRATION: INTERIM MEASURES IN CONSTRUCTION MATTERS EX PARTE APPLICATIONS – FRIEND OR FOE?
Typically, Parties undergoing disputes submit Ex Parte applications if they anticipate that giving notice could defeat the purpose of the application (for example, freezing injunctions or search orders). While Ex Parte applications are accepted by most Courts, its still fairly untrod territory during Arbitration/s.
What Remedies Does a Buyer Have for Defective Goods Under UAE Law and English Law?
In international sale contracts, the difficulty is often in determining exactly what obligations the terms of the contract create. This difficulty is not always apparent in negotiating the contract but becomes apparent when there is a dispute in which the parties argue that the terms in question hold different meanings. Merchant traders want to know …
Confronting the Closet: An empathetic approach to Legal Recognition of Same-sex Marriages
“The nature of marriage is that, through its enduring bond, two persons together can find other freedoms, such as expression, intimacy, and spirituality. This is true for all persons, whatever their sexual orientation.” – Justice Sharon L. Kennedy (Chief Justice of the Hon’ble Supreme Court of Ohio)
Short-term rental businesses via online platforms in Thailand
As the economy recovers from the COVID-19 crisis, Thailand is again attracting more and more tourists to the country. Visitor numbers are increasing, and short-term rental businesses through platforms such as Airbnb, including daily rentals via other online platforms, are gradually becoming more popular, encouraging villa and apartment owners to set up short-term rentals to …
Continue reading “Short-term rental businesses via online platforms in Thailand”
Thailand Recruitment License Requirements
Under Thai law, any person or company who engages in recruitment business must obtain a recruitment license from the registrar following the regulations prescribed in the Employment Arrangement and Jobseeker Protection Act B.E. 2528 (1985).