Keeping up with the ever-changing landscape of compliance regulations is one of the biggest challenges of our work. These updates will make that a little easier. Use the legal and regulatory feed to stay current on the latest news and regulations impacting the world of compliance.
On 3 April 2019, the SEC, through its Strategic Hub for Innovation and Financial Technology, released a framework for analyzing whether a digital asset is a security. In particular, this framework provides guidance on whether a digital asset is an investment contract under Section 2(a)(1) of the US Securities Act of 1933.
The Hong Kong Court of Final Appeal unanimously affirmed that same-sex couples who are legally married overseas are entitled to the same spousal employment and tax benefits enjoyed by heterosexual married couples.
Increased liability for crimes involving corruption. The amendment increases the liability for crimes involving corruption by both broadening the circle of responsible persons and increasing the penalties.
On 22 May 2019, the Personal Data Protection Commission published a Guide on Active Enforcement that represents a change in the way that the PDPC handles enforcement actions going forward.
The Cybersecurity Act, B.E. 2562 (2019) has been published on 27 May 2019, and is now effective.
The Ministry of Commerce of China (MOFCOM) announced on 31 May 2019 that the Chinese government will introduce an "Unreliable Entity List" regime, under which foreign entities or individuals that boycott or cut off supplies to Chinese companies for non-commercial purposes and causing serious damages to Chinese companies would be listed as "Unreliable Entities".
The GDPR celebrated its first anniversary on 25 May 2019 - a good time to take stock. In this article, we look at how the GDPR has been enforced so far, what the regulators' future direction of travel might be, and the key areas organisations will need to focus on in the coming months.
The African Continental Free Trade Area agreement (AfCFTA) came into force on 30 May 2019. In April 2019, Gambia ratified the agreement, bringing the total number of African Union member state ratifications to 22, the minimum threshold for AfCFTA’s implementation.