The State Administration of Foreign Exchange (SAFE) released a circular on Reforming the Administration of the Settlement of Foreign Exchange Capital of Foreign-invested Enterprises which further promotes discretionary settlement of foreign investment enterprises’ foreign exchange capital nationwide. The circular take effect on 1 June 2015.
In January 2015, the Board of the Abu Dhabi Global Market (ADGM) published drafts of various key regulations as part of a formal public consultation. Clyde & Co has …
On August 11, 2014 the State Bank of Vietnam enacted Circular No. 19/2014/TT-NHNN (Circular 19) guiding the foreign exchange control of foreign direct investment activities in Vietnam …
With oil prices at their lowest for over five years, E&P companies and the governments of the countries where they conduct their exploration and production activities are now assessing their options.
On November 26, 2014, the same promulgation day of Investment Law 2014, the National Assembly of Vietnam promulgated a new enterprise law with many positive new regulations and meaningful …
Export activities in Indonesia can be carried out by individuals, institutions and business entities. Export goods are classified as free export goods, which are goods that have no restrictions or prohibitions on …
With a vision of leading the economy towards a path of high sustainable growth, the Prime Minister of India on September 25th, 2014 launched the ‘Make in India’ campaign. Through the …
The Credit Reporting Agencies Act (CRA Act) came into force on January 15th, 2014. The Act provides for the registration and regulation of credit reporting agencies that are carrying on credit …
In the context of family businesses, a number of which are run by a single person, ignoring the ramifications of, and failing to plan for change could put the future of the family business in jeopardy in the …
The latest amendments to the foreign exchange
regulations have relaxed and in some cases
removed restrictions on inward foreign investment
in the Dar es Salam Stock Exchange ...
Both the Capital Markets Law (the CML), which came into force in the Kingdom of Saudi Arabia (the KSA) on February 21st, 2004 and the Market Conduct Regulations (the MCR) issued by the Board of the …
ASIAN-MENA COUNSEL's Middle East Cover Story looks at recent legal developments in the region, with a Special Report by Bin Shabib & Associates LLP, Dubai on arbitration issues in the UAE. Articles by Latham & Watkins. and Ayesha Dawood Attorneys round out the Report.
