New Administrative Fines Imposed by the UAE Insurance Authority
On 6 January 2019, UAE Cabinet Resolution No. 7 of 2019 Concerning the Administrative Fines Imposed by the Insurance Authority was published in the UAE Official Gazette, which lists a total of 204 items that are considered to be violations by the Insurance Authority and their corresponding penalties. This resolution will come into force on …
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China’s New Draft Foreign Investment Law
Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] January 11, 2019 The State Council presents a near-final draft to the National People’s Congress Foreign investment; cross-border transactions
Update – Client Alert SHSE Sci-Tech Innovation Board (2019.3.8)
Update — China’s Version of NASDAQ ? Author: Lyon Dong (Partner) +86.21.5081.9091 [email protected] Charles Stone (Int’l Counsel) +86.21.5081.9091 [email protected] Shanghai Stock Exchange to create Sci-Tech Innovation Board
Pregnant Employee Dismissed During Probation
Giada Mifsud Calabro has been awarded damages amounting to €10,846 by the Industrial Tribunal after the Tribunal decided in favour of the employee in a case against Union Print Company Limited.
Drones Without Groans
Soaring. Flying. Whirling. Hovering. Diving. Landing. All at the press of a button. Civil drones are the 21st century dancers in the sky. Tech savvy consumers have fallen in love with them and the romance is set to endure as technological advances have jaw-dropping models hit the market every few months. DJI Mavic 2, Mavic …
How beneficial owners registers aim to curb money laundering and tax evasion
With more complicated company structures being used, it has become increasingly more difficult to establish who the ultimate beneficial owners of entities are. In light of the new regulation, do you believe that the Ultimate Beneficial Ownership (UBO) Register can help in any way to prevent financial crime?
Bär & Karrer Advises Computacenter in the Acquisition of PathWorks
Computacenter Group, a leading European IT service provider listed on the London Stock Exchange, acquired PathWorks, a well-established hardware reseller in the Swiss market.
Bär & Karrer Advises Addtech in the Acquisition of a Majority in Omni Ray
Addtech Group, a leading Swedish publicly listed technology trading group, acquired a majority stake in Omni Ray AG, a well-established Swiss trading company and service provider for automation solutions, mainly focused on industrial applications, infrastructure, transportation and medical industry. By this transaction, Addtech aims at strengthening its position in the European automation market.
The Parliament of Ukraine ratified the MLI Convention. Is this the end of offshores?
“Ukraine will never join BEPS and will not introduce an automatic exchange of tax information! Ukrainian tax authorities are not able to understand the international tax planning and therefore BEPS will not work in Ukraine!” – such statements in different variations repeatedly sounded addressing the deoffshorization process launched in Ukraine a few years ago. Indeed, …
Inheritance Under Muslim Law: Framework of Sharia Law
The principal source of law of inheritance in UAE is Shariah and on the basis of which several Federal Laws have been promulgated.