Document(s) published by this organization: 246
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|Headline Points: Revised Implementation Guidelines to the Competition Ordinance|
Hannah C. L. Ha, John M. Hickin; Mayer Brown JSM;
April 13, 2015, previously published on March 31, 2015Yesterday the Hong Kong Competition Commission (Commission) published revised implementation guidelines (revised Guidelines) to the Competition Ordinance (Cap. 619) (CO). In revising the Guidelines the Commission considered 64 submissions from a range of organisations commenting on the previous...
|North Sea Oil & Gas Tax Breaks Announced|
Robert Hamill, James Hill; Mayer Brown International LLP;
April 13, 2015, previously published on March 2015In the Budget 2015 delivered on Wednesday 18 March 2015, the Chancellor of the Exchequer George Osborne set out several significant tax breaks for the UK oil and gas sector. Set against the background of a maturing UK basin, albeit one with significant resources as yet unexplored, the Government...
|Parliament Set to Bolster Private Competition Actions in the UK|
Kiran S. Desai, Julian Ellison, Miles Robinson, Gillian Sproul; Mayer Brown International LLP;
April 13, 2015, previously published on March 30, 2015The United Kingdom has one of the most advanced regimes in Europe for competition litigation; however, it has not yet seen a substantial uptake of private competition actions.
|United States Citizenship and Immigration Services Provides Proposed L-1B Visa Guidance Memorandum for Public Comment|
Elizabeth (Liz) E. Stern, Paul Virtue; Mayer Brown LLP;
April 13, 2015, previously published on March 27, 2015On March 24, 2015, the United States Citizenship and Immigration Services (“USCIS”) issued long-awaited proposed guidance to its officers on the adjudication of L-1B visa petitions for “specialized knowledge” transferees. The agency has invited comments from the public by...
|The New Foreign Investment Catalogue Finalised - What is the Trend for Foreign Investment in the PRC?|
Ian K. Lewis, Frank W. Yang; Johnson Stokes & Master Mayer Brown JSM;
April 13, 2015, previously published on March 19, 2015On 13 March 2015, the National Development and Reform Commission (“NDRC”) and Ministry of Commerce (“MOFCOM”) jointly released the 2015 version of the Foreign Investment Industrial Guidance Catalogue (“2015 Catalogue”) to replace the current catalogue adopted in...
|OCIE and FINRA Announce the Results of Cybersecurity Initiatives|
Leslie S. Cruz, Andrew D. Getsinger, Amy Ward Pershkow, Jerome J. Roche, Jeffrey P. Taft; Mayer Brown LLP;
April 13, 2015, previously published on March 25, 2015On February 3, 2015, the Office of Compliance Inspections and Examinations (“OCIE”) of the US Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”) announced the results of their cybersecurity examination...
|Audit Rights Should Reflect the Relationship between Customer and Service Provider|
Mark A. Prinsley, Oliver Yaros; Mayer Brown International LLP;
April 13, 2015, previously published on March 2015A recent English High Court Decision is a useful reminder that audit provisions are not always standard form “boiler plate” provisions which can be adopted in a uniform way across a variety of licensing or outsourcing arrangements. This is particularly relevant in scenarios where the...
|US Federal Appellate Courts Uphold Dismissal of Securities Fraud Claims Against Auditors in Two China Reverse Merger Cases|
Dana S. Douglas, Brian J. Massengill, Justin A. McCarty, Alexandra L. Newman; Mayer Brown LLP;
April 13, 2015, previously published on March 30, 2015In opinions issued on the same day, federal appellate courts for the Second Circuit and the Eleventh Circuit both recently affirmed dismissals of securities-fraud claims filed against independent audit firms that audited Chinese reverse-merger companies because the plaintiffs did not adequately...
|PRA Sets Out How the UK Will Implement Solvency II|
David W. Alberts, Lawrence R. Hamilton, Colin Scagell, Nicole Zayac; Mayer Brown LLP;
April 13, 2015, previously published on March 25, 2015On February 12, 2015, the Prudential Regulation Authority (“PRA”) sent a letter, to life and general insurance firms setting out the information relating to the UK implementation of the Solvency II directive, including a timetable for the PRA's activities in the next few months.
|2015 Outlook: Data Privacy and Security in the United States, the European Union and Hong Kong|
Marcus A. Christian, Rebecca S. Eisner, Daniel Gallagher, Gabriela Kennedy, Karen H. F. Lee; Mayer Brown LLP;
April 13, 2015, previously published on March 19, 2015Companies and organizations face an ever-expanding set of statutes and regulations regarding consumer privacy, data protection and cybersecurity. Legal standards continue to evolve—and differ-in all major markets, raising particular challenges for multinational businesses.