Obligations Concerning Commercial Electronic Communication
1. IN GENERAL The Code on Electronic Commerce Regulation (“Code”) numbered 6563 sets out the responsibilities of service providers and of its agents, the obligations to inform on e-commerce by means of agreements made through electronic media, and the sanctions to be imposed; while The Regulation on Commercial Communication and Commercial Electronic Messages (“Regulation”) published in …
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Turkey Issues Regulation on Manipulation and Misleading Transactions in Financial Markets
Turkey’s Banking Regulatory and Supervisory Authority (“BRSA”) published the Regulation on Manipulation and Misleading Transactions in Financial Markets (“Regulation”) on 7 May 2020, entering into force on the same date. The Regulation sheds light on the recently introduced article 76/A of the Banking Law Number 5411 (“Law”), which included a brief definition of manipulation and …
A pandemic from China to India: Can Indian Financial System keep up?
Authored by Abhishek Tripathi & Narayan Gupta
Concept Of Cyberbullying And A Legal Remark Around The Turkish Penalty Code Number 5237
A. WHAT IS CYBERBULLYING? Cyberbullying is a concept which was first described in USA in 2000 for the first time which refers to one or more people that are acting aggressive behaviour towards people who are inferior compared to them or unable to act against due to their existing situation via humiliation, defamation, abuse or …
Force Majeure in Ukraine: Legal Aspects
On 17 March 2020, the Parliament of Ukraine adopted Law of Ukraine No. 530-IX On Amendments to Certain Legislative Acts of Ukraine aimed at Preventing the Occurrence and Spread of Coronavirus Disease (COVID-19). The Law also provides for interpreting the “quarantine” as the force majeure.
Covid-19 Update on Credit Cards Payment in UAE
Commercial Lawyers of Dubai have witnessed various opportunities offered by banks for relaxation in the credit cards and loans during Covid-19 Pandemic.
Prepare your business to comply with the UAE Economic Substance Regulations
In response to an assessment of the UAE’s tax framework by the European Union (‘EU’), the UAE introduced a Resolution on the Economic Substance Regulations (the ‘Regulations’) on 30 April 2019. The Regulations require UAE mainland and free zone companies and other UAE business forms (including Dubai International Financial Centre (‘DIFC’) and Abu Dhabi Global Market …
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G20 Action Plan in Response to the Covid-19 Pandemic
G20 Finance Ministers and Central Bank Governors met under the Saudi G20 Presidency on April 15th, 2020 and discussed urgent actions needed to address the global challenge presented by the COVID-19 pandemic (“COVID-19”). Concordantly, G20 Finance Ministers and Central Bank Communiqué dated April 15th, 2020 (“Communiqué”) is published virtually.
Company Liquidation: terminating an LLC in Ukraine
The company liquidation is a complex and often long-term process requiring the legislation knowledge and development of a clear and step-by-step plan for winding-up. The company liquidation period in Ukraine depends on just how each step is prepared and complies with the applicable legislation. When liquidating a legal entity, it should be noted that it …
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WRC Held Unfair Selection For Redundancy As Employer Failed To Prove Criteria Justifying…..
The Complainant has just over one and half years of service with the Respondent and was made redundant, while a colleague with lesser service with the Respondent was retained. The Complainant claimed the personal animus between her and the new Managing Director and her request for salary increase has influenced her selection for redundancy.