The Ministry of Health (MOH) will be introducing “Nutri-Grade”-related measures that will apply to freshly prepared beverages. From the end of 2023, all outlets selling freshly prepared beverages with higher sugar and saturated fat content will have to label such beverages with the “Nutri-Grade” mark. Outlets will also be prohibited from advertising freshly prepared beverages with the highest level of sugar and saturated fat content.
On 26 July 2022, the Energy Regulatory Commission submitted before the National Regulatory Improvement Commission a preliminary document draft of the General Administrative Provisions that establishes (i) new obligations and compliance procedures for commercialization and distribution permit holders of oil-refined products or petrochemicals, as well as (ii) new requirements and procedures for applications to secure permits before CRE.
Several providers of online games of luck and chance were recently confronted with the blocking of their websites by Swiss authorities. In two recent decisions, the Swiss Federal Supreme Court approved these blockings, confirming that foreign providers need to take appropriate technical measures from the outset to prevent their website from being blocked in Switzerland. Below, we provide a short overview of the legislative background of such blockings and the reasoning of the SFSC in its decisions. Moreover, we set out the most important considerations for foreign providers of online games of luck and chance in Switzerland.
At the end of July 2022 the UK government announced a range of proposed measures to ease the transition to the new UK Conformity Assessed (UKCA) regime that will replace the EU’s CE marking regime for the Great Britain market (England, Scotland and Wales) in respect of most types of CE marked products from the start of 2023. Note, products sold in Northern Ireland will continue to need to be CE marked as a result of the Northern Ireland Protocol, even once UKCA marking has become mandatory across the rest of the UK.
Discussion about and around sustainable development is more critical now than ever as governments around the world have announced their commitment to achieve carbon neutrality and net zero greenhouse gas emissions during the 26th United Nations Climate Change’s Conferences of the Parties (COP 26) in Glasgow, and Thailand is no exception. Prime Minister Prayut Chan-o-cha announced Thailand’s commitment to become carbon neutral by 2050 and have net zero greenhouse gas emissions by 2065.
Following the developments to the Labuan tax regime through the introduction of economic substance requirements in 2019, the Labuan Companies (Amendment) Act 2022 recently came into effect on 10 June 2022 to amend the Labuan Companies Act 1990. These further developments to the Labuan corporate and regulatory regime clearly highlight Malaysia’s commitment towards adhering to international legal standards of corporate governance and transparency.
The Australian Securities and Investments Commission has, again, extended the transitional relief period for Foreign Financial Services Providers for a further 12 months to 31 March 2024, through the introduction of the ASIC Corporations (Amendment) Instrument 2022/623 on 28 July 2022. ASIC has stated the Amendment Instrument was introduced to provide certainty for the industry given the lapsing of the Treasury Laws Amendment (Streamlining and Improving Economic Outcomes for Australians) Bill 2022.
Consumers are demanding more from their brands and increasingly basing their purchasing decisions on the sustainability of products and companies. In response to this, the Baker McKenzie Consumer Goods & Retail industry group has produced the “CG&R and Sustainability Video Chat Series” in which experts provide short, practical insights into some of the legal considerations that companies need to keep in mind when undertaking green innovation. In the second episode of the series, Julia Hemmings, a Partner in the Digital Commerce, Advertising & Marketing practice in London, and Rebecca Lederhouse, a Counsel in IP and Technology based in the Chicago office, discuss the role of marketing in green innovation and the increasing regulatory scrutiny around green claims in advertising.
Baker McKenzie is pleased to submit its next, the sixth edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.
This issue contains updated responses to the most common questions raised and considered by international and Ukrainian businesses these days in the following practice areas:
• Martial Law and Special Legislation
• Employment and Migration
• Financial Arrangements and Financial Sector
• Corporate
• Tax and Customs Regime
• Real Estate
• Work of State Courts and Arbitration Tribunals
• Enforcement Proceedings
• Intellectual Property
• Antitrust and Competition
• Pharmaceuticals and Healthcare
By means of Communication ‘A’ 7556, the Central Bank of Argentina established new regulations applicable to resident individuals or legal entities that are grain producers and/or grain traders, and do not export on their own account.