Jones Day Document Search Results (498)
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|Indonesia: Stringent New Requirements for Employing Foreigners Amended|
Michelle Angela, Elizabeth Cole; Jones Day;
April 13, 2016, previously published on March 2016Following extensive lobbying and criticism from the business community, on October 23, 2015 the Ministry of Manpower enacted Regulation No. 35 of 2015 regarding Procedures for the Utilization of Foreign Workers, which amends the stringent requirements for the employment of foreigners under...
|China: Implementing Rules on Labor Contract Law Released for Public Comments|
Ivy Wang, Liming Yuan; Jones Day;
April 13, 2016, previously published on March 2016In July 2015, the Ministry of Human Resources and Social Security of the People's Republic of China ("PRC") released Draft Provisions Related to the Implementation of PRC Labor Contract Law for public comments ("Draft"). The Draft provides detailed interpretations clarifying...
|Hong Kong: Commencement of the Contracts (Rights of Third Parties) Ordinance|
Elizabeth Cole, Shiela Lee; Jones Day;
April 13, 2016, previously published on March 2016The Contracts (Rights of Third Parties) Ordinance (Cap. 623) ("Ordinance") came into effect on January 1, 2016 and applies to all contracts entered after this date, subject to certain specified exceptions, such as bills of exchange, covenants relating to land, and letters of credit. The...
|U.S. Further Eases Restrictions on Travel, Financial Services, and Business Activities with Cuba|
Sean Thomas Boyce, Laura L. Fraedrich, Michael P. Gurdak, Fahad A. Habib, Pedro A. Jimenez; Jones Day;
April 12, 2016, previously published on March 2016On the eve of President Barack Obama's March 2016 visit to Cuba, the U.S. government has once again eased trade restrictions with the island nation. The U.S. Department of the Treasury and the U.S. Department of Commerce issued final rules this week that, among other measures, (i) increase the...
|Belgium Introduces New Leniency Guidelines on Competition Law Prosecutions|
Bernard E. Amory, Serge Clerckx, Laurent De Muyter, Yvan N. Desmedt, Alexandre G. Verheyden; Jones Day;
April 12, 2016, previously published on March 2016The Belgian Competition Authority ("BCA") has released new guidelines on its leniency program for cartel agreements ("Guidelines"), which entered into force on March 22, 2016. The leniency program, which exists in some form in most other European jurisdictions and the U.S. as...
|Brazilian Government Approves Increase in Capital Gains Rates|
S. Wade Angus, Marcello Hallake, Sanjiv K. Kapur, Luis Riesgo; Jones Day;
April 12, 2016, previously published on March 2016In September 2015, the Brazilian federal government proposed a new rule increasing the income tax rates applicable to capital gains payable by certain taxpayers from a transfer or sale of assets or rights, as reported in our Alerts of October 2015 and December 2015. The rule has been approved by...
|Madden 2016: U.S. Supreme Court Calls for the Views of the Solicitor General in Case with Significant Implications for the Consumer Debt Market|
Traci L. Lovitt, Matthew A. Martel, Anthony M. (Tony) Masero, Joseph B. Sconyers; Jones Day;
April 12, 2016, previously published on March 2016On March 21, 2016, the U.S. Supreme Court announced that it has called for the views of the Solicitor General in connection with the certiorari petition in Madden v. Midland Funding, LLC, 786 F.3d 246 (2d Cir. 2015), a decision restricting non-bank loan purchasers from benefitting from the National...
|Cybersecurity's Moment and What it Means for Financial Services|
Lisa M. Ledbetter, Todd S. McClelland, Mauricio F. Paez, Albert J. Rota, C. Hunter Wiggins; Jones Day;
April 12, 2016, previously published on March 2016The recent announcement of President Barack Obama's Cybersecurity National Action Plan, with programs aimed at improving the security of public and private data, is a reminder that cybersecurity—including identifying, defending against, recovering from, and notifying others about cyber...
|BIS Backtrack: U.S. Temporarily Reauthorizes Certain Exports and Reexports to Two ZTE-Affiliated Entities|
Chad O. Dorr, Laura L. Fraedrich, Michael P. Gurdak, Chase David Kaniecki, D. Grayson Yeargin; Jones Day;
April 12, 2016, previously published on March 2016This week, the U.S. Department of Commerce, Bureau of Industry and Security ("BIS") issued a temporary general license that restores certain export, reexport, and transfer privileges to Zhongxing Telecommunications Equipment Corporation ("ZTE Corp.") and ZTE Kangxun...
|First Supreme Court Decision on General Anti-Avoidance Rule Concerning Reorganization Transactions|
Harukuni Ito, Yuichiro Mori, John C. Roebuck, Takako Yako, Toru Yamada; Jones Day;
April 12, 2016, previously published on March 2016On February 29, 2016, the Supreme Court (first petty bench) issued a decision describing the standards for applying the general anti-avoidance rule concerning reorganization transactions under Article 132-2 of the Japanese Corporate Tax Law (the "Anti-Avoidance Rule").