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Whistleblowing Regime introduced by DFSA “Whistleblowers form a key part of a firm’s ability to detect, identify and escalate issues of misconduct, and the required Whistleblower policies and procedures play an important role in encouraging appropriate disclosures - F. Christopher Calabia, Chief Executive of the DFSA The Regime defines a…
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Intellectual property for Life Sciences: India “The history of patents includes a wealth of attempts to reward friends of the government and restrict or control dangerous technologies.” ― James Boyle In India, Patents are permitted in all fields of technology. The components deciding the patentability of innovation change for various technologies.…
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Dispute Resolution in Qatar "Mediation is one of the most effective tools of nonviolence. It can turn parties away from conflict, towards compromise." - Miroslav Lajcak Qatar adopts a legal system based on the civil-law legal system, substantively and procedurally harmonized with Islamic law. Islamic Sharia is the source of…
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Arbitration Framework at Abu Dhabi Global Markets When will mankind be convinced and agree to settle their difficulties by arbitration? Benjamin Franklin The Abu Dhabi Global Market (ADGM) launched its arbitration centre in 2018. The ADGM arbitration centre is equipped to resolve disputes between parties through mediation or arbitration. The…
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Prior Use of Patented Inventions in India “Patents are not forever, but inventions are”― Kalyan C. Kankanala The word “prior use of patented inventions” is used when the invention underlying a patent application is being used before documenting the patent application. The rights have a common view however at that point…
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Enforcing Foreign Awards in China Requiring forced arbitration agreements limits consumer rights and protections. - Conor Lamb In 1987 the People’s Republic of China sanctioned the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. On 10 April 1987, the Supreme People’s Court of China issued…
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Establishing a Foundation in the UAE “Reliable structure needs a strong foundation and strong foundation requires investment” ― Guru Z.S. Gill UAE Foundations are an integral part of the country’s wealth management system. It is an independent legal entity. Foundations are usually created to protect the desires of the Founder being…
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Development of Blockchain Technology and NFTs in Singapore “I love this stuff - bitcoin, ethereum, blockchain technology and what the future holds”. Abigail Johnson Blockchain technology lays a foundation for many cryptocurrencies. Singapore is rising as one of the leading blockchain development countries in the world. Since the birth of…
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NFTs - Country Focus: India People don’t understand NFTs, Metaverse, and crypto today the same way they didn’t understand online shopping in the 1995” - Anuj Jasani The Indian economy is considered to be one of the largest economies in the world. It is considered that to have grown by 10%…
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The Amendments to UAE Trademark Law The ideal trademark is one that is pushed to its utmost limits in terms of abstraction and ambiguity, yet is still readable. - Saul Bass The UAE has a well-defined law to protect the Intellectual property rights of a business including its brand, business…
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Force Majeure Events and Contract Clauses in the GCC Force Majeure is a French word that means a greater force in English. It is connected to the concept of the Act of God, where there is an unexpected happening of event. Although, Force Majeure is an exception as it includes not…
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Recent Update to Hong Kong’s Listing Rules The Stock Exchange of Hong Kong Ltd. published a consultation paper on reviewing the Corporate Governance Code and Related Listing Rules in April 2021. The primary focus of the consultation paper was to instil changes in the mindset of an issuer's board, incentivize…
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The impact of Pandora papers Pandora paper is a journalistic investigation based on a major leak of about 12 million archives revealing the uncovered wealth, illegal tax avoidance and money laundering by some of the world’s richest and most influential people. It is the cooperation of more than 600 journalists…
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NFT Regulations in Singapore Introduction Non-fungible tokens or NFTs are presently one of the most popular technology trends in the world. Non-fungible means that this token cannot be exchanged as it is unique, and every token has a unique code and metadata stored on a digital ledger. The property that…
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