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Adobe PDFHeadline Points: Revised Implementation Guidelines to the Competition Ordinance
Hannah C. L. Ha, John M. Hickin; Mayer Brown JSM;
Legal Alert/Article
April 13, 2015, previously published on March 31, 2015
Yesterday 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...

 

Adobe PDFGiving Third Parties Contractual Rights - The New Rules
Bill Amos, Gabriela Kennedy, Mark J. Stevens, Jenny W. Y. Yu; Mayer Brown JSM;
Legal Alert/Article
April 13, 2015, previously published on March 18, 2015
Hong Kong’s Contracts (Rights of Third Parties) Ordinance No.17 of 2014 (the “Ordinance”) was passed in December 2014, and is expected to come into force as Cap. 623 later this year. We are advising clients to treat now as a lead-in period, and take practical steps to get ready....

 

Adobe PDFNorth Sea Oil & Gas Tax Breaks Announced
Robert Hamill, James Hill; Mayer Brown International LLP;
Legal Alert/Article
April 13, 2015, previously published on March 2015
In 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...

 

Adobe PDFA European Capital Markets Union: What? Why? How?
Sandy Bhogal, Alexandria Carr, Kevin Hawken, James Taylor; Mayer Brown International LLP;
Legal Alert/Article
April 13, 2015, previously published on March 2015
On 18 February 2015 the European Commission launched a consultation on Capital Markets Union (“CMU”). The consultation closes on 13 May 2015 and is accompanied by two related consultations (on high quality securitisations and a review of the Prospectus Directive) which identify possible...

 

HTMLThe National Conference of Insurance Legislators Considers a Proposed Model Act to Regulate Insurance Requirements for Transportation Networking Companies (“TNCs”) and Transportation Network Drivers
David W. Alberts, Lawrence R. Hamilton, Colin Scagell, Nicole Zayac; Mayer Brown LLP;
Legal Alert/Article
April 13, 2015, previously published on March 25, 2015
TNC insurance coverage issues have attracted significant interest from legislators and regulators around the country in light of the increasing popularity of TNCs (also called “commercial ride-sharing companies”), which use an online application or platform developed and administered by...

 

Adobe PDFPension Scheme Funding in Germany
Nicolas Rößler, Guido Zeppenfeld; Mayer Brown LLP;
Legal Alert/Article
April 13, 2015, previously published on February 2015
In Germany, an economy with 82 million people, funded occupational pension schemes are a comparatively rare phenomenon. Since the foundation of the Federal Republic of Germany, state pension provision has been very strong and occupational pensions have merely served as a supplement to state...

 

HTMLThe NAIC Exposes Two Cyber Security-Related Documents for Comment
Mayer Brown LLP;
Legal Alert/Article
April 13, 2015, previously published on March 25, 2015
The first draft document, “Principles for Effective Cybersecurity Insurance Regulatory Guidance” (the “draft cybersecurity guidance”), was developed by the CTF to assist insurance regulators in providing guidance to the insurance industry in its efforts to strengthen data...

 

Adobe PDFTransformative Management of a Global, Increasingly Mobile Workforce
Elizabeth (Liz) E. Stern; Mayer Brown LLP;
Legal Alert/Article
April 13, 2015, previously published on January 2015
Global companies today operate with talent deployed across every major region of the world, navigating across networks of offices in dozens of countries and client sites, distribution channels, and alliances in an even broader expanse of geographies. As business is conducted on this increasingly...

 

HTMLUnited States Citizenship and Immigration Services Provides Proposed L-1B Visa Guidance Memorandum for Public Comment
Elizabeth (Liz) E. Stern, Paul Virtue; Mayer Brown LLP;
Legal Alert/Article
April 13, 2015, previously published on March 27, 2015
On 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...

 

Adobe PDFHong Kong Competition Law Series - Part 3: Cardinal Sin No. 1 - Price Fixing
Hannah C. L. Ha, John M. Hickin; Mayer Brown JSM;
Legal Alert/Article
April 13, 2015, previously published on March 25, 2015
Last week we gave you an overview of the four Cardinal Sins under the Competition Ordinance. This week we discuss Cardinal Sin No.1 - price fixing.

 


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