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Legal Updates - Page- 4

10 Dec 2020

UK: CMAs new advice for implementation of pro- competition regime in digital markets

UK: CMAs new advice for implementation of pro- competition regime in digital markets The Digital Markets Taskforce has issued an advice led by the Competition and Markets Authority for the implementation of a new pro-competition regime for digital markets. It aims to proactively ensure that businesses and consumers are treated…

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08 Dec 2020

India: Companies (Amendment) Act, 2020

India: Companies (Amendment) Act, 2020 The Government of India has amended the Companies Act 2013 with the intention to improve business and promote growth of economic activities in the country. The Bill was presented before the President of India for his assent on the 28th of September, 2020; it constitutes the following…

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06 Dec 2020

European Union: Modernization of Justice Systems

European Union: Modernization of Justice Systems The European Commission is taking steps to modernize the justice system through digitalization thereof. As per the objectives of the Commission Work Program 2021 the EC aims to adopt the following as part of their 2021 initiative: Judicial Cooperation The Commission proposes to transform…

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30 Nov 2020

EU: Guidance issued on Cross Border Data Transfers

EU: Guidance issued on Cross Border Data Transfers The European Data Protection Board (EDPB) has issued guidance for compliance with the General Data Protection Regulations (GDPR) with the aim of protecting privacy rights of individuals regarding transfer of data across several jurisdictions. The Guidance aims to comprehensively lay down contractual,…

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29 Nov 2020

United Kingdom: New Immigration Rules

United Kingdom: New Immigration Rules The United Kingdom introduced changes in the Immigration Rules HC 813 on 22nd October 2020. A ‘Statement of Changes’ was issued to outline the key features and changes in the Government’s Points Based Immigration System. The changes are enumerated as follows: The changes will allow…

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26 Nov 2020

UAE: Cabinet Resolution Number 16 of 2020 updating the Commercial Companies Law

UAE: Cabinet Resolution Number 16 of 2020 updating the Commercial Companies Law A new Decree updating the Commercial Companies Law 2015 has been issued through Cabinet Resolution Number 16 of 2020. This amendment scraps the need for a UAE national as a sponsor and allows expatriate investors’ 100% ownership, effective…

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