New report suggests the time is right to review the electricity sector
Renewable energy targets and the take-up of new technologies mean it is the right time to review the regulatory settings for the electricity sector, according to a new report by law firm Bell Gully.
Virtual Currency – Ban on Trading by Foreigners and Financial Institutions
In response to the recent speculation frenzy over virtual currency trading and increase in virtual currency-related crimes, the Korean government announced emergency measures yesterday, December 13, 2017, the main points of which are summarized below:
High Court Rules deporting Homeless EU Citizens Illegal – Compensation May Be Payable To Those Unl
R (Gureckis) v Secretary of State for the Home Department [2017] EWHC 3298 (Admin) On Thursday, the High Court dealt a blow to the UK Governments stealthy plan to create a hostile environment for EU citizens in Britain.
EU and Malta Securitisation Market
Following the US subprime crisis that began in 2007, the notion of securitisation has suffered from bad press that tainted its reputation. However, securitisation is still considered as an essential component to continued economic recovery and for well-functioning financial markets.
DOJ Makes the Pilot Program Permanent and Announces FCPA Corporate Enforcement Policy
The US Department of Justice ("DOJ") had announced a pilot program[1] ("Pilot Program") on April 5, 2016, which created new mitigation opportunities for companies that (i) voluntarily self-disclosed, (ii) cooperated fully, and (iii) took timely and appropriate remedial actions in FCPA matters that fell within the Fraud Section's mandate. The Pilot Program was to remain …
Effects of State of Emergency Law in Turkey On Prison Sentences Under Criminal Execution Laws
With the Statutory Decree No.671 dated August 17, 2016, and the recent changes with Regulations No.29987 and No.29824 on Regulation Regarding an Amendment on Placement to Open Punishment Execution Facilities effecting execution of the Law No.5275 on Punishment Execution Law has introduced significant changes.
SyCipLaw TMT Bulletin: “More Philippine Data Privacy Act: Are you Ready for Phase II?”
Controllers and processors who have completed Phase I registration with the National Privacy Commission (NPC) will now have to gear up for Phase II. Phase II involves providing the NPC certain information on the organization’s compliance with the Data Privacy Act (DPA).
[SOUTH KOREA] Supreme Court Affirms Lower Decision, Finding Invalid the Regulations on Foreign …
Supreme Court Affirms Lower Court Decision, Finding Invalid the Regulations on Foreign Exchange Report on Incorporation of Offshore Subsidiary by an Offshore Company On June 15, 2017, the Korean Supreme Court affirmed an appellate court decision which ruled that a Korean company is not guilty of a violation of the Foreign Exchange Transactions Act (the …
[SOUTH KOREA] New Administration’s Key Environmental Policies
To step forward as an environment-friendly government, the Moon Jae-in Administration has announced its key environmental policies, including improving safety in chemical substances and household chemical products, and reinforcing implementation measures of the Paris Agreement. Under the “sustainable development” paradigm, the new administration will continually promote new regulations to protect the environment and strengthen its …
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