Angola | New Regulations On The Performance Of A Professional Activity By Non-resident
Presidential Decree 43/17, of 6 March 2017 (“DP 43/17”) just enacted new regulations on the performance of a professional activity by non-resident foreign workers, repealing former Decrees 5/95, of 7 April 1995 and 6/01, of 19 January 2001.
Angola | Law On The Protection Of Networks And Information Systems
Law No. 7/17, concerning the Protection of Networks and Information Systems (LPNIS) was recently published in the Official Gazette, which imposes a set of new obligations to several players in the Angola market. Electronic communication undertakings, information society service providers, primary storage service providers, critical infrastructure service providers (e.g., entities responsible for supply chains, health, …
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Stop! Wait! Move! – No longer Stamp Duty for Residential Homes
On 12 October 2017, right in a last minute attempt to win undecided voters for one of the political parties, the leaving members of parliament enacted a new tax law. While fundamental changes to the Austrian Tenancy Law had been vividly discussed between the socialist and the conservative parties in recent years, the new law …
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ESMA issues new updates to UCITS and AIFMD Q&As
The European Securities and Markets Authority has issued fresh updates on October 5 to its Questions and Answers documents containing guidance on and interpretation of the EU’s Undertakings for Collective Investment in Transferable Securities (UCITS) and Alternative Investment Fund Managers Directive (AIFMD) regimes. ESMA says the Q&A documents aim to promote common supervisory approaches and …
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ALB: “Enforcement Update: Philippine Competition Act”
The August 2017 issue of the Asian Legal Business (ALB) includes a Philippine regional update by SyCipLaw partner Arlene M. Maneja entitled, “Enforcement Update: Philippine Competition Act”. The article summarizes the administrative, civil and criminal penalties that apply to companies that have yet to comply with the Philippine Competition Act (PCA). The transitional clause of the PCA …
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Flip-flop on treatment of exports of services
17 Oct 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS Flip-flop on treatment of exports of services Trying to prove an export of services is quite elusive in respect of time and place, and different parties have different views on what should be considered as exportation for tax purposes. For this reason, the number of problems encountered …
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Turkey Amends its Legislation on Pricing of Human Medicinal Products
Early this year, on February 6th, 2017, the Ministerial Cabinet has published its decision on Pricing of Human Medicinal Products ("Decision") and announced that the requirements of the Communiqué on Pricing of Human Medicinal Products (published in 2015) that do not conflict with the Decision, shall remain applicable. This transition process has come to an …
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The Need To Prevent Money Laundering – Everywhere
China is toughening its money laundering prevention by taking a closer look at many more business sectors. Aziz Rahman explains the thinking behind this – and what it means for everyone trading abroad.
Compliance After The Event In Bribery And Corruption Cases
Syedur Rahman and Nicola Sharp examine the merits of compliance committees and how improving your compliance measures can help you, even while you are under investigation, in global corruption cases.
Formula One, Bribery And The Serious Fraud Office
Aziz Rahman explains why the SFO’s enquiries into Formula One are relevant to all senior executives and corporates.