Government Regulation

President Biden Signs $1.9 Trillion American Rescue Plan

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

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Corporate Malaysia Prepares for New Anti-Corruption Law

A new Section 17A of the Malaysian Anti-Corruption Commission Act 2009, was enacted in May 2018 and is targeted to be enforced on 1 June 2020. As that enforcement date draws near, many Malaysian companies are seeking legal advice on how they can protect themselves from liability through implementation of the “adequate procedures” required by

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Vietnam’s New Competition Law: An Overview

On 01 July 2019, Vietnam’s Competition Law No. 23/2018/QH14 (the “New Competition Law” or “new Law”) came into effect, replacing its 14-year-old predecessor and related guiding instruments. The new Law is expected to have a significant impact on how enterprises conduct their day-to-day business. In an attempt to ease the transition, this article will highlight

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Voluntary Assisted Dying – Considerations for Aged-Care Providers

The Voluntary Assisted Dying Act 2017 (Vic) (the Act) commences in Australia’s state of Victoria on 19 June 2019. The Act will allow Victorians at the end of life who are suffering and who meet strict eligibility criteria to request access to voluntary assisted dying (VAD). As only medical practitioners can authorise access to VAD, aged care providers will not generally

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How Can FinTech Operators Open Accounts in Malta? MFSA and FIAU Issue Consultation Document

The Malta Financial Services Authority (MFSA) and the Financial Intelligence Analysis Unit (FIAU) have joined forces and recently issued a consultation document providing guidance for credit institutions, payment institutions and electronic money institutions opening accounts for FinTechs. The guidance encourages the formulation of more thorough risk-assessment measures, controls and policies and complements their due diligence

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Charities and Political Activities: Changes to the Law are Now in Effect

The much-anticipated changes to the laws that regulate the political activities of Canadian registered charities have now been made. On December 13, 2018, Bill C-86, Budget Implementation Act, 2018, No. 2, which contained amendments to the political activity rules under the Income Tax Act (Canada) (ITA), received royal assent (Amendments). As a result of the Amendments, charities

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EU Data Privacy Law Takes Effect This Month: Are You Ready?

The European Union’s far-reaching data privacy law, the General Data Protection Regulation (GDPR) will come into force on 25 May 2018. It brings with it a number of changes to the data privacy laws across Europe and places a significant burden on businesses to comply — and demonstrate compliance — with the new regime. However,

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Final Canadian Privacy Breach Regulations Include Mandatory Notification Rules

On April 18, 2018, the final regulations relating to the mandatory reporting of privacy breaches under Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) were published. These regulations, which include fines of up to CAD$100,000 for non-compliance, will come into force on November 1, 2018. Until now, and with the exception of the province

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US DOJ Confirms that “No-Poach” Agreements May Violate Antitrust Laws

In an April 3, 2018, announcement, the US Department of Justice (DOJ) indicated that it had reached a settlement with two of the world’s largest rail equipment suppliers, Knorr-Bremse AG and Westinghouse Air Brake Technologies Corporation, in a lawsuit alleging that the companies had maintained unlawful agreements not to compare for each other’s employees. The

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