Asset Tokenization: Trends & Developments in Cyprus
Asset tokenization constitutes a relatively new process. Yet, it has been receiving increasing levels of attention across several jurisdictions, with positive indications as to its ability to revolutionize the way different assets are held, traded and used.
A Guide on Legal Developments and Government Initiatives in Cyprus
Following the 2007-2009 global financial crisis, the financial services sector has been subjected to a process of intense regulatory overhauling, leading to many of the complex laws that are applicable today in relation to funds, banks, investment and insurance firms. In the context of this legal and regulatory reshaping, new entrants have made their appearance, …
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Silent, but not Uncooperative – an Important Decision by the ECJ
As the famous Arabic proverb says, ‘Silence is golden’. And it seems that this nugget of ancient wisdom still holds true today – even in law; even when it comes to a high-profile case before the European Court of Justice. To find out why would silence be so important as to cause a stir among lawyers throughout …
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Vertical Restraints in the Sights of the Serbian Commission for Protection of Competition
In the last few months, the Serbian National Competition Authority (“NCA”) has turned its attention to sanctioning agreements between undertakings where resale prices are maintained. After taking cases against consumer electronics undertakings, the NCA recently opened an investigation against a general importer and its three car dealers of “Audi” vehicles, in the course of its sectoral analysis of the markets …
Overview of recent developments amid Covid-19 pandemic
This note seeks to provide an overview of some of the key recent developments in the area of competition law with regards to the challenges brought about by the Covid-19 pandemic (“the pandemic”) and the disruption induced by digitalization and online marketplaces.
THE CYBERSECURITY COMPETENCE CENTRE STARTS TO TAKE SHAPE REGULATION ADOPTED BY THE COUNCIL OF THE EU
Introduction In the recent years, cybersecurity has become one of the crucial areas that the European Union (“EU”) decided to invest in to get fit for the digital era. In order to acquire leadership and autonomy in this field, the EU takes steps to develop competencies, capacities and capabilities.
Liability of Shareholders in a Thai LLC
By definition, the liability of shareholders in a “limited liability company” is limited. However, in many countries case law has evolved that “pierces the corporate veil”. In this contribution, we will analyze whether the principle is upheld strictly in Thailand, or whether there are significant exemptions.
GDPR decisions – April 2021
Application of old TLS version drew criticism from the Danish DPA When looking into a case initiated by the DPA itself, the DPA established that the self-service solution available with the Police for applying for a firearms certificate (www.digimeld.politi.dk/vaaben/HTML/index.aspx?type=p70401) – during which your personal ID number must be entered – warns you about the page …
Open data future for court rulings in France
In its decision of 21 January 2021, the French Administrative Supreme Court (Conseil d’Etat) gave three months to the Minister of Justice to issue an order setting out the date from which court rulings will be made available to the public. This has now been carried out with a slight delay with the publication of the order …
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Malta Government Announces More Incentives to Aid Businesses
Addressing the press conference with the major local Unions, in the run up of the National Workers Day, Prime Minister Robert Abela together with Energy and Enterprise Minister Miriam Dalli states that the government will continue helping businesses grow in such troubling times and pivot in light of the new realities.