Intellectual property in the UAE: What are your rights and offences for violators?
Intellectual property rights have always played an inherent role in breakthrough discovery in various fields. The commercial and moral rights provided under the IP regime, whether towards monetization of the IP or to declare the ownership in the said innovation has allowed a fine balance to exist in the society that benefits both the creators …
Amendments to Korea’s Unfair Competition Prevention and Trade Secret Protection Act Provide More Protection for Data and Famous People.
Korea’s recent amendments to the Unfair Competition Prevention and Trade Secret Protection Act (the UCPA) strengthened the statutory framework for:
GDPR decisions – November 2021
Sensitive data submitted in unencrypted emails draws severe criticism On 3 February 2021, the Danish Municipality of Silkeborg reported a personal data breach, as the municipality on that day had submitted an email to Danmarks Statistik Consulting containing a list of personal ID numbers, school name and school code on 12,915 pupils. The report stated …
Turkey: Managing Public Companies & Corporate Governance Principles
Authors: Gönenç Gürkaynak, Esq. and Irmak Yetim, ELIG Gürkaynak Attorneys-at-Law
Unconditional Stay of Arbitral Awards: A Step back for Arbitrations in India
Introduction: Arbitration has emerged as the forerunner as a means of dispute resolution in recent times. The primary attractions for contracting parties to opt for arbitrations include time and cost efficiency, flexibility of procedures and most importantly, the minimal judicial intervention. In all legal systems, any challenge to arbitral awards is limited to maintain the …
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Perspectives for teleworking in Brazil
It was already notorious that the feasibility of implementing remote working had been discussed for a long time. While many companies already saw this condition as an advantage, others were still quite resistant to the idea.
The era of environmentally & socially conscious entities: ESG in Cyprus
Today’s world calls for businesses which are not merely entities serving an economic purpose, but conscious beings whose decisions shape the world we live in. The 2021 26th United Nations Climate Change Conference, COP26, gathered together world leaders and delegates who were tasked with, inter alia, producing solutions to reverse climate change. Launched as a movement …
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What you should know about the new drugs law in the UAE
The UAE has longstanding laws in place governing the use, production and distribution of Narcotics and Psychotropic substances, designed to protect individuals, companies, and society at large, and to prosecute those who act in contradiction to its mandates. Overall, the most recent decree number 30 of 2021 institutes key new amendments to the Federal law …
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What is the foreign bribery law in the UAE?
What is bribery, and why is it an offence? Bribery refers to the offence of promising, offering or granting, either directly or indirectly, a person to either perform or to omit an act that is included in their duties or constitutes a violation of their duties.
What is the impact of ransomware on financial crime compliance in the UAE?
Ransomware attacks are now a bigger concern to major organizations around the world in. In this article we will discuss the major concerns around such attacks and the laws and regulations governing the same.