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Government Regulation

03/19/2024

Building Futures: CIB and FNBC Collaborate to Drive Indigenous Infrastructure Development

Gowling WLG was counsel to the CIB with respect of its collaboration with FNBC to create the loan product with a team comprised of Myron Dzulynsky, Elizabeth Burton, Lilly Wong, Keith Brown and Reagan Chornoboy.

03/19/2024

These Are the Limits the Law Puts on Confidentiality Clauses Within Companies

It depends on what is proven in the process and what the judge declares.

03/15/2024

Doron Goldstein discusses proposed federal TikTok ban with Law360

TikTok has pushed back against the suggested ban

03/15/2024

Ruling recognises foreign representatives’ right to pursue potential claims in Australia

The Federal Court was satisfied that the Geneva proceeding was a foreign proceeding and a collective proceeding.

03/14/2024

BVI Cabinet approves new Belonger Status and Permanent Residence Policy

Residents may need to renew their Residence Status certificates every five years to maintain residency

03/14/2024

Saudi Arabia’s Civil Code: compensation

The Civil Code allows contracting parties to pre-determine damages

03/14/2024

MEPs formally adopt the EU AI Act

Under the EU AI Act, a new risk-based system of regulation applicable to AI will apply across EU member states.

03/14/2024

EU AI Act: Parliament adopts groundbreaking regulatory framework

Internal implementation processes can take up to 24 months.

03/14/2024

New IBA guidelines require firms and arbitrators to change disclosures approach

Parties are now obliged to disclose any relationship, whether direct or indirect

03/14/2024

Dutch Data Act proposals underline impact on cloud software services

The EU’s Data Act was issued on 13 December 2023 and a recent consultation on a draft execution act shows how it will be embedded into the Dutch legal system.

03/13/2024

Revised FTC Safeguards Rule Brings Breach Reporting Obligations to Non-Banking Financial Institutions in May 2024

That changes in May 2024, and GLBA-covered fintechs and other nonbank financial institutions need to prepare.

03/13/2024

India, UAE promote investor confidence with bilateral investment treaty

The precise scope of investor protections under the new BIT remains to be seen, but until the new treaty enters into force, the current BIT will continue to prevail.

03/13/2024

EU ruling adds complexity and challenges to online advertising

In its ruling, the CJEU has confirmed that the ability to associate the data in the TC String with “an identifier”

03/12/2024

Cayman Companies Act Moves Forward

The version of the Bill that was passed is significantly different from the version that was circulated for consultation.

03/12/2024

Greenberg Traurig Supported Axpo Polska in connection with a Power Purchase Agreement with DIF Capital Partners

The Greenberg Traurig team was led by Konrad Kosicki, Partner and Head of the Energy and Natural Resources Practice.

03/12/2024

Entering the English market – four key considerations for new retail entrants

The Local Authority has a number of methods at its disposal for enforcing planning control

03/11/2024

Government of Bermuda to Introduce Corporate Income Tax

The CIT Regime applies to Bermuda tax resident entities and Bermuda permanent establishments that are part of Multinational Enterprise Groups

03/11/2024

Imminent amendments to Cyprus Companies Law for the implementation of the EU Mobility Directive

Employees must, under the Mobility Directive, be provided with adequate information and are offered consultation rights in respect of the proposed reorganisation.

03/11/2024

Irish Supreme Court ruling provides clarity over assignment of interest in litigation

In a significant development, the Supreme Court ruled that a director may be substituted to pursue litigation proceedings in place of a company, if that company assigns its interest in the dispute to them.

03/08/2024

Annual Returns – Preparation for Upcoming Deadlines

The first step will be a short call with our accounting team to understand the assets, liabilities, income, expenses and activities of your BVI company.

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