Republic Act No. 11765: An Act Affording More Protection to Consumers of Financial Products and Services
Financial Products and Services Consumer Protection Act On May 06, 2022, Republic Act (RA) No. 11765, or the Financial Products and Services Consumer Protection Act, was signed into law. It aims to provide more protection to consumers of financial products and services against abusive and fraudulent practices by strengthening the powers of financial regulators, laying …
How can you obtain the right of asylum in Romania?
Considering the fact that the military aggression in Ukraine has led to mass displacements of the population to the neighboring countries, we hereby present to you the requirements for obtaining the right of asylum in Romania and the possibilities of the refugees to stay in Romania under the current conditions. Moreover, we will also refer …
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Innovation and IP: a step towards harmonization in determining ownership in France?
New rules now apply in France to inventions and software created by individuals who are neither private nor state sector employees.
Every transfer or sale is not ‘actual sale’:: Clarifies Supreme Court
Introduction: Recently, the Hon’ble Supreme Court in the case of PTC India Financial Services Limited (hereinafter referred as PIFSL) v. Venkateswarlu Karu & Ors. (Civil Appeal No.5443 of 2019 has held that Contract Act does not conceive of sale of the pawn to self and consequently, the pawnor’s right to redemption in terms of Section …
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EDPB’s Report on Government Data Access – The view from India
Introduction and Background A lot changed on July 16, 2020, when the Court of Justice of the European Union (“CJEU”) issued its judgment in Data Protection Commissioner v. Facebook Ireland Limited, Maximillian Schrems (C-311/18) (“Schrems II”). This decision invalidated the EU-US Privacy Shield, on the basis that the national security laws of the United States …
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Unresolved legal issues around Virtual Digital Assets in India
The 2008 financial crisis was largely attributed to misconduct by banks, and created a shift in public opinion about how banks are viewed in the global financial market. It is perhaps to be expected that, in the very same year, Virtual Currencies (“VCs”) were introduced; one of their stated aims is to eliminate intermediaries like …
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Succession planning in Poland
Piotr Augustyniak of PATH Law examines the increased popularity of private foundations in family-owned business succession planning.
AN INSIGHT INTO PROPOSED REGULATORY REGIME ON VIRTUAL ONLINE SPORTS IN RAJASTHAN
Authored by – Mr. Rishi Anand, Partner; Mr. Chirag Jain, Principal Associate and Ms. Shruti Agrawal, Associate
Law on Family Matters for Expatriates living in the UAE: Part III
Introduction In Part III of our series on family law related issues for expats in the UAE, we turn our focus to the matters related to child custody, child relocation and abduction, and inheritance, as governed by the UAE laws.
MERGER CONTROL IN TURKEY – 2022
A. Legislation and Authority 1- What is the merger/acquisition legislation? Turkish regulatory framework for merger control consists of: – Law No. 4054 on Protection of Competition (“Law”) – Communiqué No. 2010/4 on Mergers and Acquisitions Calling for the Authorization of the Competition Board (“Merger Communiqué”) – Communiqué on Increasing the Threshold of the Administrative Fine …