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  • The massive digitalisation of society has given rise to the need to amend legislation to accommodate the requirements of the new digital era. After years of relatively outdated copyright legislation in the Slovak Republic, an amendment to the Copyright Act was adopted and will come into force on November 1 2013. The amendment simplifies the entire process of obtaining licences to use works. The main difference to the original legislation is that a licence agreement can be concluded by setting out only a minimum of particulars, which are:
  • On December 17 2012, the Energy Regulatory Commission of the Philippines (the ERC) adopted the Transitory Rules for the Initial Implementation of Open Access and Retail Competition (the Transitory Rules) to ensure a smooth transition towards an open access and retail competition regime in the power sector. Under an open access regime, contestable customers (electricity end-users which have a choice of electricity suppliers) have the option to choose their own electricity supplier.
  • The regulatory heads of Europe and the US’s private equity associations go head-to-head on the most pressing topics facing the industry today
  • Julián J Garza and Héctor Arangua of Nader Hayaux & Goebel explore the new possibilities presented by Mexico’s evolving private equity industry
  • Bo Yong Ahn and Sung-Soo Choi of Kim & Chang explain the rapid growth of private equity funds in South Korea in recent years
  • Jack Lange of Paul Weiss Rifkind Wharton & Garrison assesses the effectiveness of recent guidance letters issued by the stock exchange on pre-IPO investments
  • Christoph Neeracher, Raoul Stocker and Charles Gschwind of Bär & Karrer assess the impact of recent legal and market developments in Switzerland, and future prospects
  • Despite doubts over how progressive the new Turkish Commercial Code will be, Duygu Turgut and Orçun Solak of Esin Attorney Partnership suggest it is still a step forward for the reemerging economy
  • The Financial Services Commission has recently issued special guidelines for professional directors, especially those sitting on multiple boards in the global business sphere. In addition to the fiduciary duties expected from directors, resident directors must demonstrate that they have sufficient time to prepare for and attend board meetings. Resident directors are also expected to have a reasonable number of directorships. Reasonableness will be judged on various factors including, but not limited to, the number of board meetings being held, categories of companies and staff supports available to the director.
  • The deal, team and individual nominees for this year's expanded awards