The ecosystem of the electric vehicle (EV) market is huge and requires significant investment. While the market forecast is bright, many existing players are still waiting for the right time to invest, not to mention new players considering entering into this emerging market. One of the key drivers to activate the consumers’ buying motivation, the primary factor for advancement of the EV market to the next stage, involves financial incentives.
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.
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.
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.
All but four of the OECD G20 Inclusive Framework members, including South Africa, have signed an agreement that will reform the world’s tax system. Two African countries – Kenya and Nigeria – have not yet signed the agreement. The new two-pillar system will set out a reallocation of taxing rights as well as a global minimum tax rate for certain organizations. It is expected that these changes will address global tax revenue imbalances, which is expected to benefit African countries.
The WU-Baker McKenzie conference “Tax in the European Union: What happened and what’s next?” will take place on Thursday, 4 November. This Conference is jointly hosted by the Institute for Austrian and International Tax Law at WU (Vienna University of Economics and Business) and Baker McKenzie and will welcome guest speakers from the European Commission. The purpose of the conference is to give the business community and other interested parties an update on the hottest topics within the EU tax world and on what you need to know to stay on top. Insights will be shared from the European Commission, the academic world and practices.
This episode goes over the first two fundamental elements of the National Anti-Corruption Commission’s guidelines. The first guidance is where companies’ internal control measures should be strong, visible policies and supported by top-level management to prevent bribery. The second guidance is that companies should conduct risk assessments to effectively identify and evaluate exposure to bribery to government officials.
In 2010, public Delaware corporations began adopting forum provisions to require various types of “intra-entity” disputes — claims that directors breached their fiduciary duties in approving a sale transaction — be made solely in Delaware courts. However, over the past decade, this has now been shaped into a boilerplate provision under U.S. securities law.
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.
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.