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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 PDFMain Legal Issues Regarding Financing of Mining Projects in Eritrea
Ian Coles, Rachel Speight; Mayer Brown International LLP;
Legal Alert/Article
April 13, 2015, previously published on January 2015
The mining potential of the small eastern African country, Eritrea, is unexploited. In 2009, the Eritrean government granted eight new exploration licences to foreign mining companies. Mining in Eritrea has attracted the interest of more than 14 mining and exploration firms from Australia, Bermuda,...

 

Adobe PDFOCIE 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;
Legal Alert/Article
April 13, 2015, previously published on March 25, 2015
On 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...

 

HTMLNYDFS Letter to Insurance Executives Regarding Cyber Security
Rebecca S. Eisner, Lawrence R. Hamilton, A. John P. Mancini, Jeffrey P. Taft, James R. Woods; Mayer Brown LLP;
Legal Alert/Article
April 13, 2015, previously published on March 27, 2015
Following up on its promise to “integrate regular, targeted assessments of cyber security preparedness at insurance companies as part of [its] examination process,” the New York Department of Financial Services (“DFS”) issued a letter on March 26, 2015, to chief executive...

 

Adobe PDFParliament Set to Bolster Private Competition Actions in the UK
Kiran S. Desai, Julian Ellison, Miles Robinson, Gillian Sproul; Mayer Brown International LLP;
Legal Alert/Article
April 13, 2015, previously published on March 30, 2015
The 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.

 

Adobe PDFThe 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;
Legal Alert/Article
April 13, 2015, previously published on March 19, 2015
On 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...

 

HTMLSolvency II - EIOPA Publishes Final Reports on Equivalence of Bermuda, Japan and Switzerland
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
By way of background, Solvency II provides a mechanism for the European Commission to treat as equivalent a third country’s solvency and prudential regulatory regime to reflect the fact that the insurance industry is a global marketplace and the increasing cross-border nature of group...

 

Adobe PDFHong Kong Competition Law Series: Part 2 - The Cardinal Sins
Hannah C. L. Ha, John M. Hickin; Mayer Brown JSM;
Legal Alert/Article
April 13, 2015, previously published on March 18, 2015
This week we begin our discussion on the types of conduct that may infringe the Competition Ordinance with the Cardinal Sins: the four most serious types of anti-competitive conduct that will almost always contravene competition law.

 

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 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...

 


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