On the 2nd of February 2023, the European Insurance and Occupational Pensions Authority (hereinafter referred to as “EIOPA”) published a Supervisory Statement on the use of governance arrangements in third countries to perform functions or activities (hereinafter referred to as the “Statement”) ...
In the matter of Ren Ci & Ors (FSD 210 of 2022), the Grand Court of the Cayman Islands granted a stay of proceedings in favour of a HKIAC arbitration pursuant to section 4 of the Foreign Arbitral Awards Enforcement Act ...
On March 21, 2023, the Supreme Court of the United States heard oral argument in Abitron Austria GmbH, et al. (“Abitron et al.”) v. Hetronic International, Inc. (“Hetronic”)[i] on an issue it has not squarely addressed in seven decades: the extraterritorial reach of the Lanham Act, the comprehensive trademark statute in the United States ...
Americans have increasingly accepted meat and dairy alternatives as staples in their daily diets. For example, recent market research shows that two out of every five U.S. consumers plan to purchase plant-based meat products in 2023. The prevalence of these forms of alternative protein has set the stage for a semantic — and potentially paradigm-shifting — dispute over the very meaning of the terms "meat," "milk" and "dairy ...
Earlier this year, the government announced its support for the passing of the Workers (Predictable Terms and Conditions) Bill. Should it become law, the Bill is set to bring huge change for tens of millions of employees in the UK who do not currently have a statutory right to request a predictable working pattern ...
As schools and institutions of higher education anticipate the release of new Title IX regulations this May, on Thursday, April 6, the U.S. Department of Education (the “Department”) released a new notice of proposed rulemaking relating to athletic eligibility under Title IX (the “Athletics NPRM”). The Athletics NPRM was forecast by the Department in its proposed Title IX regulations published in July 2022 ...
Previously, the Government issued Decree No. 03/2023/ND-CP dated 10 February 2023 on the functions, tasks, powers and organizational structure of the Vietnam Competition Commission (“VCC”) (“Decree 03”). The Prime Minister has now issued Decision No. 310/QD-TTg dated 29 March 2023 appointing Mr. Le Trieu Dung to hold the position of Chairman of the VCC (“Decision 310”). Before being appointed as the Chairman of VCC, Mr ...
A summary of the key takeaways from a recent webinar on 2023 Changes to the Immigration Rules. The webinar was hosted by Pavan Sumal and Rachel Harvey and a recording of the webinar can be found below along with a summary of the key takeaways ...
To mark the launch of EG's latest UK Cities Investor Guide at MIPIM 2023, Shoosmiths real estate partner Patrick Duffy joined a panel discussion on public-private partnerships. The session explored the opportunities and challenges that will affect the growth of UK cities, as well as what more can be done to attract innovation and investment ...
The first hearings for the official UK Covid-19 Inquiry are fast approaching – though less quickly than originally anticipated, with the start date now delayed to Tuesday 13 June. Although public hearings are yet to get under way, the Inquiry has nonetheless had a busy February and March, with preliminary hearings for Modules 1 (pandemic preparedness and resilience), 2 (political and administrative decision-making) and 3 (impact on the healthcare sector) all taking place ...
Facilitating whistleblowing and supporting those who do raise concerns is a very important health check for charities, who are judged not just on the basis of what they do, but also how they do it, and who need to remain mindful of “walking the talk ...
The development of Bermuda's insurance regime is a result of prevailing market conditions and considerations. Recent enhancements to Bermuda's insurance regime have focused on commercial insurers (particularly in the life sector) and this trend looks to continue through and beyond 2023. That said, the BMA recently updated the Insurance Code of Conduct (the Code) in September 2022 ...
The Directorate of Investments and Company Administration (“DICA“) announced on 1st April 2023 (“Announcement“) regarding the additional requirements when the annual return (“AR“) is submitted by the companies to DICA within two months after registering their company under the Myanmar Companies Law (“MCL“) ...
Krogerus Disputes Day was organised on 21 March in Little Finlandia for the first time. The conference engaged our guests and speakers in a lively discussion about overarching sustainability and ESG requirements and, on the other hand, the occurrence and prevention of corporate crimes ...
When you hear the word cyberattack you think of attacks on banks, large box stores, or medical facilities. You should add the construction industry to that list because it is the third most common target for cyberattacks. These types of attacks are only increasing because bad actors have created processes that have streamlined how they attack businesses. They like to attack the construction industry because large sums of money are being transferred in and out of bank accounts via wire transfers ...
Legislation in Florida may soon change the time property owners have to file construction-related lawsuits. Both the Florida Senate, with SB 360, and the House of Representatives, with HB 85, passed identical bills and recently converted them into an Act to be presented to the Governor. If signed into law, the Act would revise the lawsuit “triggering actions” in section 95 ...
The N.C. Building Code Council is required by North Carolina law to reevaluate the building code every six years. In light of climate change legislation enacted in North Carolina on the heels of Governor Cooper’s 2019 Clean Energy Plan, changes to the energy code are being considered that would result in an 18 percent increase in energy efficiency for new homes. These code changes are in line with the 2021 International Energy Conservation Code ...
On 18 January 2023, the Belgian Competition Authority (“BCA”) reimposed a fine of EUR 859,310 on three undertakings of the Caudalie group for imposing retail prices and restricting active and passive sales ...
An old adage is that history will repeat itself. In other words, all of this has happened before, and it will all happen again. Another banking crisis is upon us following the familiar cycle of financial deregulation. The failures of Silvergate, Silicon Valley, and Signature Banks provide an opportunity to learn and to act. From the early 1980s through the 1990s, Presidents and Congress worked together on “financial services modernization ...
The Law on Food Safety which was promulgated on 8 June 2022 obliges food business operators (such as food business owners or manufacturers, processors, packagers, wholesalers, retailers, and distributers) (“Operators”) to immediately notify the competent authorities of problems with the food products and cooperate with the authorities to implement measures to avoid or minimize risks caused by the food, as well as to trace, recall, and withdraw unsafe food products from the market ...
