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  • The Cyprus Companies Law Cap 113 has been amended to transpose the EU Accounting Directive (2013/34/EU) into domestic law with effect from September 23 2016.
  • President Trump will renegotiate the agreement with Canada and Mexico rather than withdraw from it. But will all parties agree on the best way forward?
  • A brief summary of changes in legislation relevant to companies wishing to do business in Thailand.
  • The lighter side of the past month in the world of financial law
  • Any UK/EU post-Brexit arrangement would need to be grounded in mutual recognition
  • Chinese authorities say relax (but not too much)
  • The country has one of the highest levels of bad loans in the EU, but recent regulatory advances have proven key in making the market more efficient for investors
  • Brazil is late to the party when it comes to tackling corruption. But recent scandals involving a number of state-controlled companies have led authorities to implement the Clean Company Act, with the aim of enforcing better business practices. The Latam nation wants to change its corporate culture, but better business practices and transparency can't be built in a day
  • Effective May 25 2018, the existing Data Protection Directive 95/46/EC and the Slovak data protection act will be replaced by the new EU General Data Protection Regulation (GDPR). Although the GDPR will be directly applicable in all EU member states, certain national particularities will remain even after the GDPR comes into force. A new version of the data protection act in Slovakia that accounts for the GDPR is in the process of inter-ministerial consultation and will replace the existing data protection act.
  • It has been more than three decades since the enactment of the law that regulates the Fideicomiso. The Fideicomiso, in general terms, is the legal act whereby a settlor transfers assets to a fiduciary (trustee). The trustee in turn agrees to manage those assets according to the provisions established in the Fideicomiso instrument (trust), for the benefit of a beneficiary, which could be the settlor itself.