The proposal suggests that the destination country’s democratic status shall be of central consideration in a licence application.
Serbia initiated the procedure to draft a new Law aiming to protect market competition.
On 25 October 2017, the House of Commons published a briefing paper regarding the Iran nuclear deal. In particular, the paper focuses on President Trump’s recent refusal to certify Iran’s compliance with its obligations under the deal.
Germany and Austria recently introduced new alternative merger control thresholds based on transaction value. At EU level the introduction of a value-based filing threshold is also being discussed.
In a CEO fraud case the Regional Labor Court of Saxony ruled that the financial director authorizing the payment can be held (partially) liable. The amount depends on the efforts of the company and its management to prevent such fraud cases.
The Special Services Coordinator presented the main principles of the new draft bill on the Transparency of Public Life. The major goal of the Project will be to improve the transparency of the State.
According the Government’s press release on the Bill “ensures that when the UK leaves the EU, we can continue to impose, update, and lift sanctions and AML regimes”.
The First Hall of the Civil Court issued a judgement regarding the breach of fiduciary obligations arising in the context of an employment contract.
The Hungarian Parliament amended the Criminal Code relating to statutory limitation of crimes of corruption. The statutory limitation period was uniformly increased to 12 years for all corruption crimes, including public and commercial bribery.
We are pleased to announce that the updated second edition of the Baker & McKenzie dictionary : Compliance and Governance from A-Z is now published.