5 Most Impactful Hong Kong Restructuring and Insolvency cases in 2023
2023 was a busy year for the restructuring and insolvency industry in Hong Kong. we had a ground breaking decision of the Court of Final Appeal (CFA) ruling on the conflict between dispute resolution clauses and the Court’s jurisdiction to wind-up/bankrupt a debtor. We also saw the court extend and strengthen its reach to assist …
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Minor’s online safety: upcoming regulatory challenges for the tech industry in the US and Brazil
On January 31, the US Senate Judiciary Committee held a hearing to discuss minors’ online safety, which featured testimonies from CEOs of five tech companies – Meta, TikTok, X, Discord and Snap –, who were subjected to intense questioning by the Senators.
Malta launches preliminary market consultation on Floating Solar Farms
On the 31st January 2024, the Ministry for the Environment, Energy and the Regeneration of the Grand Harbour, launched a Preliminary Market Consultation (“PMC”) to assess market appetite for the development of floating solar technology projects, including photovoltaic farms within the territorial sea of the Maltese Islands.[1] This forms part of the Maltese Government’s strategy …
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The Hong Kong Market Entry Playbook: Business Establishment
Hong Kong has a long history of being a business-friendly location to set up both as a regional business hub and to access the sophisticated local market.
MRFTA Amendments on Expansion of Merger Notification Exemptions and Introduction of Commitment Procedures for Merger Control
On January 25, 2024, the Korea Fair Trade Commission (KFTC) proposed amendments (Amendments) to the Monopoly Regulation and Fair Trade Act (MRFTA) were approved by the National Assembly of Korea.
Computer Emergency Response Team Rules 2023
The Computer Emergency Response Team Rules have been promulgated under the sections 51 and 49 of the PECA.
Interim Budget FY 2024-25
A. Setting the context The year 2024, being the year for the Lok Sabha Elections, the Hon’ble Union Finance Minister, Ms. Nirmala Sitharaman presented the Interim Budget of the Government of India for FY 2024-25.
The European Commission publishes its report highlighting active competition enforcement in the pharma sector
On 26 January 2024, the European Commission (the “Commission”) published its report (the “Report”),
Recent Regulatory Developments in the Indian Competition Law Regime
Introduction In the dynamic landscape of competition law in India, the year 2023 marked a series of pivotal developments that shaped the country’s approach towards anti-trust and fair market practices.
New Federal Decree Law for Regulation of the Accounting and Auditing Profession
Introduction In a remarkable development aimed at stimulating auditing standards and introducing greater confidence in business practices, the UAE has introduced the New Federal Decree-Law No. 41/2023 on the Regulation of the Accounting and Auditing Profession.