Germany has always treated virtual currencies as financial instruments based on a view by the German regulator, BaFin, expressed as early as 2011, that bitcoin and related assets are “units of account” akin to artificial currencies. These equate to special drawing rights that are not legal tender but can be…
Read publication Welcome to the January 2020 issue of our Francophone Africa newsletter. The aim is to give…
The Financial Industry Regulatory Authority (FINRA) has amended Rules 5130 and 5131, which act in combination to govern…
Setting up of a Central Non Public Register of Controllers Introduction of Register of Nominee Shareholders for companies At two recent Update Sessions organised by the Chartered Secretaries Institute of Singapore, the Accounting and Corporate Regulatory Authority (ACRA) announced several new initiatives, 2 of which being: implementation of a central,…
In 2019, a number of significant changes in the healthcare area were introduced, including, among other things, the…
On 31 December 2019, the French government adopted Decree 2019-1590 and a related order (arrêté) which significantly reinforce…
On February 6, 2020, the Parliament of Ukraine rejected a formal motion to cancel the results of a vote for the Anti-BEPS Bill (“Motion”). In this context, on January 16, 2020, the Parliament of Ukraine passed the Anti-BEPS Bill, which introduces a number of fundamental novelties into the Ukrainian tax…
View presentation At the recent roundtable discussion, “SEC Regulatory and Enforcement Trends: How to Prepare for the SEC…
The Baker McKenzie Global Climate Change practice expects 2020 to bring both scaled up developments and new challenges…
On 20 January 2020, the Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 1, Series of 2020 on the Revised Implementing Rules and Regulations of Republic Act NO. 9856, otherwise known as the Real Estate Investment Trust (REIT) Act of 2009 (Revised REIT IRR). The Revised REIT IRR…