Amendments to the Labour Code of Belarus (“Amendments”) were introduced on 18 July 2019 and will come into force on 28 January 2020. In general, the content of such amendments has the purpose to unify the regulation of the employment agreement and employment contract in business, as well as extend the guarantee for employees ensuring…
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Intercompany transactions are subject to specific rules, regulations and controls in the Russian Federation. Such rules and regulations are applicable to foreign companies and their subsidiaries operating in the Russian Federation. In 2018, there were important changes in the applicable regulations. In fact, on 18 July 2018, the State Duma adopted in the third amendments…
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The Special Administrative Measures for Access of Foreign Investment (Negative List) (2019) (the “Negative List”) promulgated by National Development Reform Commission and Ministry of Commerce went into effect 30 July 2019. The Negative List is revised on a yearly basis to establish the industries in which foreign investment is prohibited or that foreign investors can only take…
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In the market environment, businesses often compete against one another to offer quality services and goods to be consumed. Healthy competition can incentivise businesses to create distinctive services and goods to obtain consumer loyalty, which, overall, may assist in market and economic development. However, dishonest and fraudulent competition in trade and commerce can economically harm…
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On 23 April 2019, the Standing Committee of the National People’s Congress amended the Trademark Law of the People’s Republic of China (“amended Trademark Law”), which went into effect 1 November 2019. The amended Trademark Law revises six articles of the current Trademark Law and increases the monetary penalties for trademark infringement. Specifically, the amended…
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