The Immigration Health Surcharge (IHS) to increase in January 2024
The increase in Immigration Health Surcharge (IHS) is expected to take effect on or around 16 January 2024.
Singapore corporate regulator plans changes to stiffen AML prevention
This article is produced by CMS Holborn Asia, a Formal Law Alliance between CMS Singapore and Holborn Law LLC. Introduction Amidst a high-profile money laundering investigation involving (currently) at least S$2.8 billion in domestic assets, Singapore’s government has recently announced plans to introduce additional measures to strengthen Singapore’s anti-money laundering (“AML”) regime.[1]
DELHI HIGH COURT CLARIFIES JUDICIAL STAND POINT OF DIVISIONAL APPLICATIONS
Maintainability of a divisional application in India, has long been a subject of interpretational dilemma. However, a recent judgment from a Division Bench of the Delhi High Court has clarified the statutory stand on the subject.
Tortious action in Romania. Torts of negligence
The tortious action in Romania primarily aims to remedy harm resulting from torts of negligence, negligence of duty, negligence of duty at work, intentional negligence, willful negligence and willful misconduct while also aiming to instill a sense of proper and responsible conduct for citizens in Romania. Any individual who has discernment has the obligation to …
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Thailand Elite Visa Membership Packages Set to Transform
The current Thailand Elite Visa membership packages are due to be discontinued in their current form. To adapt to the global economic landscape, a new suite of offerings will be made in October 2023. This move reflects the intent to modernize and cater to a diverse client base, aligning with changes in the world economy. …
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Cyber Blackmail is Increasing in the UAE: Learn How to Protect Yourself
As technology continues to advance, so do the methods employed by cybercriminals. Cyber blackmail, a form of digital extortion, has been on the rise worldwide, and the UAE is no exception. Many individuals have fallen victim to these crimes.
Managing Foreign Buyers’ Risks in Indian M&A Transactions
Foreign buyers looking to acquire or invest in Indian companies are challenged with known and unknown risks similar to other jurisdictions. However, certain aspects of India’s exchange control rules, occasions of retrospective changes in law,
News Item: New Issued Guidance, Penalties and Publications on VFASPs Oversight
The MFSA has continued to enhance the element of transparency in its guidance with regards to penalty administration, to ensure that such penalties are proportionate and dissuasive in nature.
The Employer’s Obligation to Submit Necessary Paperwork on Time
The case of Alyasif Bhatti vs Identity Malta Agency dealt with a foreign worker who was initially employed as a construction labourer with a local construction company for the period covering the 1st of March 2021 until the 10th of February 2022.
Procedure for filing bankruptcy in Romania
Any company in Romania is established to carry out economic activity in Romania, but when it fails to meet its commercial commitments, certain legal procedures may intervene aimed at the recovery of economic activity in Romania or the immediate liquidation of the company in Romania,