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HTMLSAFE Circular 19: A Nationwide Liberalisation of Capital Account Settlement for FIEs
Betty F. K. Tam; Johnson Stokes & Master Mayer Brown JSM;
Legal Alert/Article
May 1, 2015, previously published on April 17, 2015
On 8 April 2015, the State Administration of Foreign Exchange (SAFE) issued the Circular of the SAFE on Relevant Issues Concerning the Reform of the Administrative Method of the Conversion of Foreign Exchange Funds by Foreign-invested Enterprises (Circular 19), which will come into effect on 1 June...

 

Adobe PDFSecuritization in China - Overview and Issues
Jeffrey H. Chen, Liu Haiping; Dentons Canada LLP;
Legal Alert/Article
April 29, 2015, previously published on February 11, 2015
This article provides an overview of the two main government-sponsored securitization schemes in the PRC - one administered by the China Bank Regulatory Commission (CBRC), the other administered by the China Securities Regulatory Commission (CSRC). The main body of the article, however, focuses on...

 

Adobe PDFCourt Fees to Rise Up to Sixfold From Monday 9 March 2015
Bryan Johnston; Dentons Canada LLP;
Legal Alert/Article
April 29, 2015, previously published on March 5, 2015
Parliament resolved yesterday, 4 March 2015, to approve HM Government's proposed introduction of "enhanced" court fees. According to section 1 of the Civil Proceedings and Family Proceedings Fees (Amendment) Order 2015, the new regime will take effect from Monday 9 March 2015. The new...

 

HTMLSEC Assault on Employee Confidentiality Agreements
David C. Fischer; Loeb & Loeb LLP;
Legal Alert/Article
April 28, 2015, previously published on April 12, 2015
The Securities and Exchange Commission recently announced an enforcement action against KBR, Inc., alleging that a form of confidentiality agreement used in internal investigations violated an SEC whistleblower rule. To settle the matter, KBR revised its form of agreement and agreed to pay a fine...

 

HTMLThe CSA Proposes Amendments to the Passport System
Juliamai L. Giffen, Kwang Lim, John D. MacNeil, Stephanie A. Romano; Bennett Jones LLP;
Legal Alert/Article
April 28, 2015, previously published on April 23, 2015
On April 16, 2015, the Canadian Securities Administrators (CSA), except for the Ontario Securities Commission (OSC), published a notice and request for comments on proposed amendments to Multilateral Instrument 11-102 - Passport System.

 

Adobe PDFCompany Formations In Cyprus
Elena Georgiou, Lia Iordanou Theodoulou; Patrikios Pavlou & Associates LLC;
Legal Alert/Article
April 28, 2015, previously published by Lawyer issue on April, 2015
Cyprus has traditionally been a significant destination for the setting up of international business companies (IBCs) (that is to say companies with foreign interests).

 

HTMLCybersecurity Duties of Private Organization Governing Boards and Management
Fred L. Somers Jr. P.C.;
Legal Alert/Article
April 23, 2015, previously published by www.somerslawfirm.org on Spring 2015
Organization governing boards and management need to focus on protecting the organization’s and its members’ and employees’ sensitive and private data. This data in the wrong hands may result in disastrous legal consequences for the organization and the persons whose data has been...

 

HTMLConcerning the Introduction of High Alert and Emergency Situation Regimes
Oleg V. Batyuk, Igor Davydenko; Dentons Canada LLP;
Legal Alert/Article
April 22, 2015, previously published on February 2, 2015
Order of the Cabinet of Ministers of Ukraine No. 47-p “On the Introduction of High Alert and Emergency Situation Regimes” entered into force on 26 January 2015. The Order imposes an emergency situation regime on the Donetsk and Lugansk regions and a high alert regime on other regions of...

 

HTMLChange in the Quorum for General Meetings of Joint-Stock Companies
Igor Davydenko; Dentons Canada LLP;
Legal Alert/Article
April 22, 2015, previously published on February 2, 2015
On 13 January 2015 the Verkhovna Rada of Ukraine adopted the Law of Ukraine “On Amendments to Article 41 of the law of Ukraine "On Joint-Stock Companies" regarding the quorum for the general shareholders' meetings of joint stock companies, in which the State owns the majority...

 

Adobe PDFPotential Tax Changes Ahead for Pennsylvania Nonprofits
H. Lee Schwartzberg; Schnader Harrison Segal & Lewis LLP;
Legal Alert/Article
April 20, 2015, previously published on January 2015
Pennsylvania charities that rely on exemptions from real property tax and sales and use tax may have good reason to be concerned. A recently released special report prepared by the Pennsylvania Auditor General quantifying potential tax revenues from currently exempt properties underscores the...

 


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