Baker McKenzie’s Sanctions Blog published the alert titled Blog Series: Sanctions Enforcement Around the World, the Australian Perspective on 27 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
In April 2023, the Health Sciences Authority detected potent ingredients in two products marketed separately for pain and cough relief and alerted the public against purchasing them.
On 4 April 2023, the Health Sciences Authority issued an update on products found and reported by overseas regulators to contain potent ingredients that are prohibited and may cause side effects.
On 31 January 2023, the Amendment to the Cabinet Office Order on Disclosure of Corporate Affairs was promulgated and came into force together with its related guidelines. As a result of this amendment, it has become a requirement to include a new section in the Securities Registration Statement (Form 7 or Form 7-5) and Annual Securities Report (Form 8 or Form 8-2) reporting on sustainability-related initiatives and on other matters.
Baker McKenzie’s Sanctions Blog published the alert titled Sanctions Enforcement Around the G7, The Japanese Perspective on 20 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
The Ministry of Commerce of China initiated an antidumping and countervailing duty administrative review of barley from Australia, effective from 14 April 2023. For all Australian barley exporters, this is an opportunity to revoke the existing antidumping and countervailing duties and resume exportation to China.
In March 2023, the government issued a draft of the Revised Law on Social Insurance for public comments. The Draft Law will be available for public comments until 30 April 2023. The Draft Law presents a number of notable changes to the currently applicable regulations that may bring about a significant impact if they are eventually approved in the final version of the Draft Law.
Singapore High Court in Rio Christofle v Malcolm Tan Chun Chuen [2023] SGHC 66 concludes that the bona fide buying and selling of cryptocurrency without a licence or exemption is not to be a contravention of licensing provisions where there is no “carrying on a business of providing any type of payment service”. Three indicia suggest that a person is carrying on a business of providing a payment service: (1) whether profit has been made; (2) the number of transactions in question; and (3) whether the person is acting as an intermediary.
The long-awaited Decree on Personal Data Protection has finally been issued as Decree No. 13/2023/ND-CP.
In brief The Minister of Natural Resources, Environment and Climate Change, had on 9 March, announced several revisions to the CGPP as follows: An additional 200MW of quota which brings to total available quota to 800MW. The extension of the application deadline to the earlier of 31 December 2023 or…