On 1 March 2012, Google launched a new privacy policy by consolidating over 60 of its global privacy policies into one document. The new privacy policy does not indicate that Google will collect any new or additional data about users. What it does do, however, is inform people that Google will merge data which it already collects from services such as YouTube and Web History (which records all searches performed on Google ...
Rrecently more than US$ 44 billion was invested in advertising campaigns in Brazil, a period during which CONAR, the Brazilian Advertising Self Regulation Council, rendered approximately 380 decisions, restricting, in some way, 221 advertising campaigns (2010). In 2011, this increased to almost US$ 52 billion, but the number of decisions issued by CONAR dropped to 325, limiting 215 commercials, mostly those broadcasted on television ...
Financial Information Units (FIUs) are agencies created according to FATF-GAFI recommendations that receive reports of suspicious transactions from financial institutions and other persons and entities, analyze them, and disseminate the ensuing intelligence to local law-enforcement agencies and foreign FIUs in order to fight against money laundering and terrorism. The Argentine FIU is controlled by the Ministry of Justice and Human Rights ...
New law regarding the use of cookies on websites was introduced in the UK in May last year. Broadly speaking, the new law requires a website owner/operator to: - tell users that cookies are used on its website; - explain to users what the cookies are doing; and - obtain users’ explicit consent to store cookies on their device. The Information Commissioner is responsible for enforcing this new law ...
Serbia Karanovic and Nikolic IP Regional Partner to attend 134th International Trademark Association’s (INTA) Annual Meeting in Washington DC IP Regional Partner in the Karanovic and Nikolic Law Office, Mr. Dragomir Kojic, along with Mrs. Mirna Lalic from our Sarajevo office, attended the 134th Annual INTA Meeting held in Washington DC. The Conference was very successful ...
The Securities and Futures (Amendment) Ordinance 2012 ("Amendment Ordinance"), except Part 2 of which in relation to disclosure of inside information, comes into operation as it is published in Gazette on 4 May 2012. The Amendment Ordinance has introduced several regulatory initiatives which will be discussed in brief details below ...
In the great George Orwell novel “Nineteen Eighty-Four,” the Ministry of Truth is a vast bureaucracy that ironically exists to falsify historical events in the service of political ideology. Its headquarters is an 80-story building of 3,000 rooms, and its outside walls bear the words “War is Peace,” “Freedom is Slavery,” and “Ignorance is Strength ...
On 6 June 2012, the European Commission announced new crisis management measures to deal effectively on a cross border basis and in a harmonised manner with any future bank crisis ...
In recent public speeches and correspondence, senior officials at the Securities and Exchange Commission (the “SEC”) have provided details regarding an examination strategy that will be applied to newly-registered investment advisers.1 Under this strategy, a new registrant may be subject to examination by the SEC as early as this coming fall. Accordingly, newly-registered advisers should be proactive and prepare to respond to SEC document and information requests ...
After several delays, ICANN has published the list of generic top level domain (“gTLD” or “string”) applicants and the gTLDs they have applied for. This new initiative from ICANN will allow a wide variety of entities to act as registrars for gTLDs of their choosing. Once these systems are up and running, consumers will be able to access websites not only ending with .com or .net, but also ending with .NETFLIX, .AOL, and .PIZZA. The list can be found at:http://newgtlds.icann ...
LAST JUNE WE DISCUSSED THE COURT OF APPEAL DECISION IN STONEHAVEN COUNTY CLUB1, WHICH DEALT WITH THE APPLICATION OF SECTION 139 BIA TO A CLAIM BY INVESTISSEMENT QUEBEC.2 THE COURT OF APPEAL HAS RULED ON THE SCOPE OF THIS SECTION ONCE AGAIN ...
On April 16, 2012 the Swedish government submitted the 2012 spring budget to parliament. On the same day, the Ministry of Finance released a memorandum with proposed changes to tax legislation, which was sent for consideration. It is proposed that most of the changes come into effect on January 1, 2013. Below you will find a short summary of the key changes in the memorandum ...
The Securities and Futures Commission (SFC) issued its conclusions on its proposals in relation to the establishment of a financial dispute resolution centre and to amend the Code of Conduct (Code) on 21 May 2012 and the conclusions are available on the SFC website: http://www.sfc.hk/sfc/doc/EN/speeches/consult/Conclusions_Paper_FDRC_21May2012_EN.pdf On 19 June 2012 the SFC released the revised version of the Code which can be accessed here: http://www.sfc ...
The film industry in the Dominican Republic has substantially expanded in large measure because the country has different and diverse natural scenery, from beaches to mountains, and buildings that were constructed in colonial times as well as more recently. Costs to film and produce movies are lower in the Dominican Republic than in many other places, too ...
Creators of software programs may not be able to prevent the resale of 'used' copies of software programs legitimately paid for and downloaded by their own customers from the internet.It follows a recent Opinion from Advocate General Yves Bot, a legal adviser to the European Court of Justice (ECJ), in Axel W. Bierbach (liquidator of UsedSoft GmbH) v Oracle International Corp ...
On April 20, 2012, Justice Mongeon of the Quebec Superior Court rendered an important decision in the restructuring of the White Birch Paper Company ("White Birch")1. The judgment could have a lasting effect on CCAA Jurisprudence in Quebec since it deals with issues relating to the pension plans of insolvent companies and the applicability of an important decision of the Ontario Court of Appeal in Quebec ...
CLS Bank and Bancorp: Back to Back Federal Circuit Decisions Offer Different Conclusions on Patentability 08/03/2012 Richard D. Rochford, Casey H. Kempner The issue of whether particular inventions include “patent eligible” subject matter under § 101 of the patent statute has become highly controversial in recent years, raising questions with high economic stakes and profound legal and philosophical implications. Twice the Supreme Court has entered the fray, first in Bilski v ...
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Securities and Futures Commission (SFC) are currently consulting on changes to the definition of type 9 regulated activity that will affect all Hong Kong asset managers who use over-the-counter (OTC) derivatives in their portfolios. The consultation ends on 31 August. We encourage you to read the consultation paper ...
Introduction Title and date of national law The Act on the protection of privacy in relation to the processing of personal data of December 8,1992 (the 'Data Protection Act' or 'DPA') and its Royal Decree of February 13, 2001. Relation with international instruments The DPA implements EU Directive 95/46/EC on the protection of individuals regarding the processing of personal data and the free movement of such data ...
Few may rebate that internet, is majorly responsible for most of the mayor changes in the past fifteen years in fields such as science, communications, technology, commerce amongst other being necessary to adapt the legal system regulating it. Honduras has not been the exception in this modernization process regardless of the civil code nature of its legal system which is not as adaptable as common law systems are ...
Outsourcing has for years been gaining popularity. Together with an increase in the number of businesses, their branches, subsidiaries as well as capital groups, increasing attention is drawn to the costs of their operations. Such activities as personal, payroll, procurement, IT, or back office in the case of financial institutions are unnecessarily duplicated in the case of companies in a capital group or generate greater costs than if carried out by an external specialized firm ...
Contents: The Application for Rectification by the Court Is Not a Cure for all Ills: Prevention is Better than (Attempting!) a CureRegister your Trade-marks!; The Importance of Having a Detailed Power of Attorney in the Event of a Person’s IncapacityEffect of a Unanimous Shareholders’ Agreement on CCPC Status THE APPLICATION FOR RECTIFICATION BY THE COURT IS NOT A CURE FOR ALL ILLS: PREVENTION IS BETTER THAN (ATTEMPTING!) A CURELast June 19, the Superio
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act" or the "Act") attempts to sort through the energy trading and hedging market to protect "commercial end users" from new regulatory burdens intended for trading firms and financial institutions ...
The papers are reporting that Northhampton rugby player, Brett Sharman, is subject to a disciplinary enquiry from his racist tweet abou Mo Farah ...
Quebec Law has for a long time distinguished the personal guarantor from the real guarantor: a personal guanrantor is personally bound to repay a creditor should the principal debtor fail to perform its obligations; a real guarantor does no more than give some of its assets as collateral to a creditor, and unlike a personal guarantor, is not personally bound to repay the loan granted to the principal debtor ...
