The last day for entities to bring their websites and mobile applications into compliance with the French Data Protection Authority’s (Commission Nationale de l’Informatique et des Libertés, or CNIL) new rules on cookies and other trackers is 31 March 2021. Following the publication of its guidelines and recommendations on 1 October 2020, the CNIL granted
A decision handed down on 15 January 2021 by the UK Court of Appeal may lead to increased costs of litigation funding. The judgment in Rowe & Ors v Ingenious Media Holdings & Ors [2021] EWCA Civ 29 effectively overruled previous decisions in which cross-undertakings in damages relating to the additional cost of providing security were
On March 11, 2021, and after months of debate in the US Congress regarding the federal government’s third round of COVID-19-related economic stimulus, President Joseph R. Biden signed the American Rescue Plan Act (ARP) into law. The legislation — and the price tag — is massive and likely to affect virtually all areas of the US
On September 16, 2020, the US Securities and Exchange Commission (SEC) adopted amendments to Rule 15c2-11 under the Securities Exchange Act of 1934. Rule 15c2-11 governs the publication of quotations for securities in a quotation medium other than a national securities exchange — over-the-counter (OTC) securities, in particular. Among other matters, the amendments require information
Foreign direct investments (FDIs) into Hungary surged by 24 percent to reach an all-time record €5.35 billion in 2019, as the country continues to cement its place as a preferred destination for the world’s investors. The managing partner of Budapest-based law firm KCG Partners, Eszter Kamocsay-Berta, provides insight into some of Hungary’s investment incentives. “It
Cookies, also known as HTTP Cookies, are text files which are stored on a user’s computer to enable website owners to identity the user’s computer or electronic device. They are generally used by website owners to track a user’s online behaviour or interaction with websites. These text files typically store information such as the user’s
On 17 June 2020, the National Assembly of Vietnam passed the Law on Investment (LOI 2020), five years after the current Law on Investment 2014 (LOI 2014) came into effect. The LOI 2020 takes effect from 1 January 2021, but many provisions of this new law reflect policy movements introduced more than a year ago
A company and its management have an obligation to disclose all material information that a reasonable investor would want to know prior to making an investment in the company. Information is material if there is a substantial likelihood that a reasonable investor would consider it important in determining whether or not to make an investment.
In recent days, UK and US government agencies have issued bulletins and updated guidance that will affect travelers, owners of homes outside of their country of residence, and employers and employees seeking work visas. In the UK, despite the restrictions on travel as a result of COVID-19, over the summer there has been a surge
As part of its ongoing effort to modernize and simplify disclosure obligations applicable to public companies, the US Securities and Exchange Commission (SEC) recently adopted amendments to certain requirements set forth in Regulation S-K. These amendments impact the description of business (Item 101), disclosure of legal proceedings (Item 103) and disclosure of risk factors (Item
