Foreword by Andrew Chilvers Despite these uncertain times, expanding overseas can be a key driver for future growth for an ambitious business. International expansion can breathe new life into a company, drive huge value and set it on a path of continued success. Expanding a business overseas is a strategic opportunity that will help diversify […]
Changes to Hong Kong’s private open-ended fund companies (OFCs) regime took effect on 11 September 2020 removing all investment restrictions on private OFCs and enabling Type 1 licensees to act as their custodians. The changes are detailed in the SFC’s Consultation Conclusions on Proposed Enhancements to the Open-ended Fund Companies Regime[1] and their implementation was […]
Changes to Hong Kong’s private open-ended fund companies (OFCs) regime took effect on 11 September 2020 removing all investment restrictions on private OFCs and enabling Type 1 licensees to act as their custodians. The changes are detailed in the SFC’s Consultation Conclusions on Proposed Enhancements to the Open-ended Fund Companies Regime[1] and their implementation was […]
On 30th September 2019 the Polish Legislature introduced a new bill containing significant changes to the Polish Commercial Companies Code with respect to regulation of private joint stock companies and partnerships limited by shares [1] which impose upon these entities the obligation to undertake a dematerialisation of their shares, to limit the rights of shareholders […]
The National Superintendence of Securities (SUNAVAL) issued Administrative Ruling Nº 054, published in the Official Gazette No. 41913 of July 2, 2020, which regulates the public offer of securities issued by Small and Medium Enterprise (SME). The Ruling establishes the guidelines for the public offer of securities of SMEs to guarantee the adequate conditions of […]
To make things as clear as possible even from the very beginning, it needs to be underlined that higher education in Cyprus is regulated according to the provisions of the Bologna Process dating back in 1998. There are four types of institutions allowed to be operating in the country, namely Public Universities, Private Universities, Public […]
The Hong Kong Stock Exchange (HKEx) is consulting on amendments to the HKEx Listing Rules to increase its disciplinary and sanctioning powers under Chapter 2A of the Main Board Listing Rules and Chapter 3 of the GEM Listing Rules. The HKEx’s Consultation Paper on Review of Disciplinary Powers and Sanctions[1] was published on 7 August […]
The Hong Kong Stock Exchange (HKEx) is consulting on amendments to the HKEx Listing Rules to increase its disciplinary and sanctioning powers under Chapter 2A of the Main Board Listing Rules and Chapter 3 of the GEM Listing Rules. The HKEx’s Consultation Paper on Review of Disciplinary Powers and Sanctions[1] was published on 7 August […]
With the end of the transition period fast approaching (31 December 2020), businesses need to consider what economic implications Brexit will have on their commercial contracts. Currently the relationship between the UK and EU post-Brexit is still uncertain, therefore there is no definitive answer for commercial contracts. Fortunately, in comparison to other areas of law, […]
If you are in a marriage or de-facto relationship that is now untenable and you feel that enough is enough, please ensure you seek sound legal advice as soon as possible, ideally before ‘making the break’ , but in any event to ensure you are empowered with as much information as possible regarding your legal […]
Amendments to The Rules governing the listing of Securities on the Hong Kong Stock Exchange (“The Listing Rules”) for debt issues only to professional investors will take effect on 1 November 2020 revising the requirements under Chapter 37 of the Listing Rules and Chapter 30 of the GEM Listing Rules. The Hong Kong Stock Exchange […]
In the context of the crisis related to COVID-19, a draft law relating to the postponement of tax reporting deadlines under DAC6, CRS and FATCA was filed with the Luxembourg Chamber of Deputies (bill number 7625, hereafter referred to as “the Bill”) on 6 July 2020. The Bill followed the Council of the European Union’s […]
