Droit commercial - Général

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  •  
    28.03.2023
    Europe

    Eu­ro­pean Par­lia­ment and Coun­cil ready to start ne­go­tia­tions on EU Data Act – Eu­rope gets clo­ser to adop­ting a data law

    In February 2022 the European Commission presented its proposal for the EU Data Act, which – if adopted - will introduce a far-reaching legal regime on access to and use of non-personal data in the EU and will, similar to the GDPR, be applicable to businesses established outside the EU. The proposed regulation contains a set of rules defining how various forms of data can be used and by whom for purposes across all economic sectors with the aim of creating a new data-agile ecosystem. While the new law will bring new opportunities, it will also create legal challenges for all actors in the...
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  •  
    28.03.2023
    Ukraine

    Ukraine im­poses sanc­tions on gam­bling com­pa­nies

    On 10 March 2023, the President of Ukraine enacted the Ukrainian Security and Defence Council's decision regarding sanctions on 120 individuals and 287 legal entities.Since the Russian invasion in 2022, Ukraine has sanctioned thousands of legal entities and individuals, mainly connected with Russia. The 10 March decision also includes a number of gambling companies, such as companies working under brands Parimatch, Sportbet, Sportloto, Betcity, PokerMatch UA and others.Those entities are now subject to different types of sanctions, including asset freezing, trade operation restrictions, prevention...
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  •  
    17.03.2023
    Ukraine

    Ukraine adopts law re­gu­la­ting com­pen­sa­tion for real es­tate da­ma­ged by the war

    On 23 February 2023, the Ukrainian parliament passed the real-estate compensation legislation, Law of Ukraine No. 7198 “On Compensation for Damaging and Destroying Certain Categories of Real Estate as a Result of Combat Actions, Terroristic Acts, Diversions Caused by war aggression of Russian Federation against Ukraine, and State Register of Property Damaged and Destroyed as a Result of Combat Actions, Terroristic Acts, Diversions Caused by war aggression of Russian Federation against Ukraine”.The Law establishes the general legal framework for claiming and receiving compensation for...
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  •  
    15.03.2023
    United Kingdom

    Spring Bud­get 2023 – key tax po­licy an­noun­ce­ments

    Today’s Spring Budget speech focused on moving the UK economy into growth mode. With the increase in the main rate of corporation tax to 25% on the horizon and fast-approaching, the Chancellor turned to reliefs rather than rate cuts to demonstrate his commitment to incentivising investment in the UK. For most businesses, the “headline” announcement in this area will have been the introduction of a generous full-expensing regime for capital allowances, but other important measures include the permanent increase to the Annual Investment Allowance, reforms to Research & Development...
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  •  
    15.03.2023
    Romania

    Ro­ma­nia's re­gu­la­tion on the pro­ce­dure for re­sol­ving com­plaints over un­fair tra­ding prac­tices in the agri-food sup­ply chain en­ters into force

    On 14 March 2023, the Regulation on the procedure for the registration, investigation and resolution of complaints concerning unfair trading practices between undertakings in the agricultural and food supply chain finally entered into force in Romania. The Regulation implements the provisions of Law no. 81/2022 on unfair trading practices between undertakings in the agricultural and food supply chain, transposing the EU’s Unfair Trading Practices Directive. Law no. 81/2022 entered into force on 15 April 2022 and provided that a regulation on the procedure for dealing with complaints should...
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  •  
    14.03.2023
    Chine

    China has ac­ce­ded to the Hague Con­ven­tion of 5 Oc­to­ber 1961 Abo­li­shing the Re­qui­re­ment of Le­ga­li­sa­tion for Fo­reign Pu­blic Do­cu­ments

    On 8 March 2023, the People's Republic of China (the "PRC") has (finally!) acceded to the Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents (the "Convention").The Convention between the PRC, as the acceding state, and other member states (which will not have raised an objection; see below) will enter into force as of 7 November 2023.This constitutes a long-awaited and very positive development.Please click here to read the full article.
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