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The Financial Conduct Agency will strengthen the rules to protect vulnerable customers

Giambrone | November 4, 2022

The ever-rising occurrence of financial fraud, particularly aimed at susceptible customers in financial retail, has provoked the Financial Conduct Agency (FCA) to take steps to raise the customer duty expected in the financial markets over and above the existing Principle and rules. 

Managing tax disputes effectively: an ex-IRAS tax litigator offers practical tips and suggestions for businesses

Taxise Asia LLC (WTS Taxise) | October 27, 2022

Broadly speaking, there are three main ways in which a tax dispute can arise. First, there may be different interpretations of the tax laws in question. Second, there may be disagreement in terms of how the tax laws are applied to the facts of the case. Third, there is disagreement on how the facts are …

Continue reading “Managing tax disputes effectively: an ex-IRAS tax litigator offers practical tips and suggestions for businesses”

The scrutiny of Celebrity influencers’ Social Media endorsements may help to reduce financial fraud scams.

Giambrone | October 26, 2022

Financial fraud continues to rise year on year, the cost of living crisis will drive even more people to look for ways of enlarging their income and inevitably fall for fake investment opportunities presented to them. As the regulating authorities and law enforcement introduce measures to obstruct the methods fraudsters use to target victims, the …

Continue reading “The scrutiny of Celebrity influencers’ Social Media endorsements may help to reduce financial fraud scams.”

Limitation and exclusion of liability clauses, what they can and cannot include.

Giambrone | October 26, 2022

Any commercial transaction carries the risk of liability to the parties. In order to mitigate the risk commercial contracts nearly always contain a contractual term known as an exemption clause.  The purpose of exemption clauses is to attempt to exclude or restrict a party’s liability to the other in the event of a breach of …

Continue reading “Limitation and exclusion of liability clauses, what they can and cannot include.”

Writing Wills for your European property

Giambrone | October 26, 2022

The global disruption caused by the pandemic has led many people to re-consider their way of life.  The lure of the relaxed lifestyle across a number of European countries together with the warmer climate and Mediterranean diet has resulted in an increase in British citizens relocating to countries in the European Union.

Relocation to Europe to avoid the growing cost of living in the UK

Giambrone | October 26, 2022

Having lived through the unprecedented times experienced during the past two to three years due to the unexpected and all-encompassing pandemic which severely impacted on commerce across the world and now faced with the economic consequences of the war in the Ukraine, many British citizens are considering a complete change of lifestyle by realising their …

Continue reading “Relocation to Europe to avoid the growing cost of living in the UK”

Higher levels of Age Discrimination cases emerging as Older employees often do not fear not receiving a Reference

Giambrone | October 26, 2022

The past two the three years have seen the biggest changes to the workplace in recent years, from Zoom meetings to hybrid working.  Senior management and HR departments must rapidly adjust to the new order.

How to avoid Investment Fraud – things to look out for

Giambrone | October 26, 2022

Investment fraud is surging due to the fact that immediately after the commercially crippling pandemic lockdown, and the war in Ukraine has rapidly driven up the cost of living.  The difficult commercial landscape where profits are rapidly dropping creates fertile ground for investment fraud where the target is initially promised unrealistic returns on their investment.

Is the Turkish Competition Board Starting to Scrutinize Ancillary Restraints More Rigorously? – Vinmar/Arısan Transaction is Approved on the Condition that Scope of Non-Compete and Non-Solicit Obligations is Limited

ELIG Gürkaynak Attorneys-at-Law | October 26, 2022

This article aims to provide information regarding the ancillary restraints under Turkish Merger Control Regime and also analyses the Turkish Competition Board’s (“Board”) Vinmar/Arısan decision [1] which provides insight into the Board’s approach to assessing the scope of ancillary restraints in merger cases and foreshadows potentially stricter scrutiny over such restrictions. Even though the transaction …

Continue reading “Is the Turkish Competition Board Starting to Scrutinize Ancillary Restraints More Rigorously? – Vinmar/Arısan Transaction is Approved on the Condition that Scope of Non-Compete and Non-Solicit Obligations is Limited”

Turkey: Registration of Commercial Enterprises Owned by Ordinary Partnerships

ELIG Gürkaynak Attorneys-at-Law | October 26, 2022

Under the Turkish Commercial Code, a commercial enterprise is defined as an enterprise, operating continuously and independently, aiming to generate income which exceeds the income thresholds stipulated for tradesman (“esnaf” in Turkish) enterprises.

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