Money Laundering And The Gambling Industry
With a bookmaker being ordered to pay millions for failingto prevent money laundering, Nicola Sharp and Syedur Rahman examine how thegambling industry can tackle the problem.
The New Bankruptcy Law no. 11 of the year 2018
The New Bankruptcy Law no. 11 of the year 2018 On February 19, 2018, the Egyptian Government set a new milestone in the investment plan by passing Bankruptcy Law no. 11/2018 in a significant move to encourage more local and foreign investment and a part of the Government noticeable efforts in the last few …
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Luxembourg Stock Exchange unveils Securities Official List for non-traded securities
The Luxembourg Stock Exchange has launched the Securities Official List, a dedicated section of the exchange’s official list that enables securities to be listed without requiring them to be admitted to trading on either its regulated Bourse de Luxembourg or Euro MTF market. The SOL, which involves a simplified and rapid registration process, is specifically …
Does ‘on-call’ time qualify as ‘working time?
In a recent judgment, Ville de Nivelles v Rudy Matzak,decided on the 21st February 2018, the Court of Justice of the European Union tackled the issue of 'working time' in terms of Directive 2003/88/EC concerning certain aspects of the organisation of working time, and provided guidance as to when being on-call must be considered as 'working …
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The Cryptocurrency Race Is On! Comparing Leaders In DLT Regulation
It seems like cryptocurrencies and blockchain technology are all anyone can talk about. Regulators have realised that disruptive technologies hold vast potential, but few have taken up the initiative to create a regulatory framework within which FinTech businesses can operate. Countries are classifying cryptocurrencies as assets, commodities and even as currencies – there is no …
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Interview with Patricia Gannon: The Importance of Female Leadership in Law Today
Patricia Gannon, founding partner at Karanović & Nikolić, was recently appointed Chair of the European Forum at the International Bar Association. In this interview, she discusses her role at the helm of the largest global gathering of legal professionals and tackles the important topic of diversity in law, as well as female leadership from her …
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Business Conversion Tax Incentives
4 Apr 2018 at 04:00 / NEWSPAPER SECTION: BUSINESS Business Conversion Tax Incentives Decree encouraging individuals to adopt company structures raises questions and problems that are still being resolved Tax incentives often appear attractive in theory, but the reality of attempting to claim them can often cause difficulties for taxpayers. Such has been the case …
Turkey Regulates Broadcasting Services Provided Through the Internet
I. Introduction Turkey recently enacted an amendment to the Turkish radio and television legislation that will regulate radio, television and on-demand broadcasts provided through internet and have these services and their providers (media service providers and platform operators – please see their definitions under II) under the supervision and authority of the Radio and …
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New Era for FX Loans and FX Denominated Loans
This article will address major amendments and novelties stipulated for foreign exchange and foreign exchange denominated loans. In the first quarter of 2018, taking into consideration the current foreign exchange risks, the Council of Ministers announced a decree and a communiqué amending Decree No. 32 on Protection of the Value of Turkish Currency (published in …
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Proposed Regulatory Framework for Virtual Currencies and DLT
The Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Hon. Silvio Schembri, unveiled a consultation document on the establishment of the Malta Digital Innovation Authority (“MDIA” or “Authority).