Submenue Archives

In AML & Financial Services Regulatory

International: Crypto around the World – Part 2 (Podcast)

October 21, 2021 by Sue McLean, Iris Barsan, Julian Hui and Christopher Murrer 2 Mins Read

Taking off from the guide Crypto around the World, the second of two episodes takes a closer look at market abuse, sustainability, decentralized finance and future developments. Sue McLean, a partner in our London office, talks to the team that started this project: Iris Barsan, counsel from our Paris office; Julian Hui, associate from our London office; and Chris Murrer, a US attorney in our Zurich office. They also cover specific regulatory and policy considerations, as well as the future impact of central bank digital currencies.

In Asia-Pacific

Indonesia: 11 things you need to know – data centers

October 21, 2021 by Daniel Pardede, Riza Buditomo, Bima A. Sarumpaet, Nadia Soraya and Adhika Paramartha S Wiyoso 1 Min Read

Looking specifically at digitalization, we are pleased to share with you our first in a series of publications, highlighting the key points that should be considered in structuring your companies’ operations. In this publication, we will be looking at investing into, and operating, Data Centers in Indonesia.

In AML & Financial Services Regulatory

FInsight: The Global Financial Institutions Industry Podcast

October 20, 2021 by Sue McLean, Julian Hui, Christopher Murrer and Iris Barsan 10 Mins Read

Episode 19: Crypto around the World (Part 2) Taking off from the guide Crypto around the World, the second of two episodes takes a closer look at market abuse, sustainability, decentralized finance and future developments. Sue McLean, a partner in our London office, talks to the team that started this project: Iris Barsan, counsel from our Paris office; Julian Hui, associate from our London office; and Chris Murrer, a US attorney in our Zurich office. They also cover specific regulatory and policy considerations, as well as the future impact of central bank digital currencies.

In Corporate Compliance

Global: CLEAR – Corporate Legal Entity Assessment & Rationalization

October 18, 2021 by Laura Rietvelt, Laura Fisher, Scott Meselson and Davinia Martens 4 Mins Read

Maintaining a legal entity, even when it is dormant, will use up valuable resource. Whether it is drafting of corporate approvals, preparation of financial accounts, gathering signatures, making filings, attending to the annual compliance and day-to-day obligations of your dormant legal entities can require a significant amount of management time. We explore why now may be a good time to re-visit plans for dormant entities in your group structures and some of the key benefits that a CLEAR project can bring.

In AML & Financial Services Regulatory

Global: Global Financial Services Regulatory Guide

October 18, 2021 by Karen Man 2 Mins Read

The financial services industry is undergoing sweeping changes driven by regulatory developments, rapidly advancing technology, ESG concerns and continued consolidation in the sector. The far-reaching impact of financial reforms, intricacies in their implementation, and conflicting regulations in different jurisdictions can expose businesses to increased regulatory risk.

In ESG

Germany: The German National Hydrogen Strategy and international hydrogen partnerships

October 18, 2021 by Dr. Claire Dietz-Polte LL.M. and Vivien Vacha 8 Mins Read

With its National Hydrogen Strategy from 2020, the German federal government has presented a comprehensive strategy to boost the market ramp-up for green hydrogen and, thereby, to decarbonize the German economy. In doing so, the German federal government recognized early on that the country would be dependent on importing a considerable amount of green hydrogen, especially in the medium to long term. Accordingly, a global hydrogen supplier market will be established in the near future.

In ESG

Mexico: Mexican Government Proposes a Bill to Amend the Constitution Impacting the Energy Sector

October 17, 2021 by Benjamín Torres-Barrón, Marco Nieto-Vazquez, Daniel Sanchez and Natalie Flores 4 Mins Read

On 30 September 2021, the President presented to the House of Representatives a Bill seeking to amend articles 25, 27 and 28 of the Constitution of the United Mexican States, in energy matters. The Bill to amend the Constitution proposes the following: (i) substantial changes in both public policies, and the regulation of the electricity and hydrocarbon industries; (ii) nationalizing the right to the exploration, use, and exploitation of lithium, and, (iii) establishing that no future concessions will be granted.

In Antitrust / Competition

Argentina: Domestic Trade Secretariat extends the list of clauses considered abusive in consumer contracts

October 17, 2021 by Esteban Pablo Rópolo and Martin A. Roth 1 Min Read

By means of Resolution No. 994/2021, the Domestic Trade Secretariat extended the list of clauses considered abusive in consumer contracts. The Resolution became effective as of 2 October 2021.

In Corporate Compliance

International: How new health and safety regulations affect hotels

October 17, 2021 by Keri Watkins 5 Mins Read

While the financial impact of COVID 19 has affected almost every sector across the world, the hospitality sector has been one of hardest hit. This sector has borne the brunt of reduced travel together with event and booking cancellations. We look at the key employment related considerations faced as a result.

In Africa

Africa: Tax implications of digital transformation in the consumer goods and retail sector

October 17, 2021 by Prenisha Govender and Jana Botha 7 Mins Read

The growth in demand for online retail services has led to extensive disruption in the Consumer Goods and Retail (CG&R) sector in Africa. Africa-based CG&R businesses have been adapting their digital operating models to keep up with demand, and multinational e-commerce organisations operating in the region are recording rapid growth. However, this digital expansion in the CG&R sector has numerous tax implications, both locally and regionally.