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Latest Briefings

New opportunities for investors: obtaining subsoil use right for hydrocarbons through auction

By Mikhail Abdulov  Introduction If an investor wishes to commence oil and gas activity (exploration/production) in the Republic of Kazakhstan (“RoK”), it shall obtain a relevant subsoil use right (“SUR”), which is formalized by execution of a relevant subsoil use contract (“SUC”). An investor may obtain SUR either directly (SUR acquisition from an acting subsoil user or from […]

Cybersecurity threats and mitigation practices

By Bolat Assylkhanov Cyberattacks remain an increasing threat across all critical infrastructure sectors in Kazakhstan. Threat to the various industries has increased dramatically along with the sophistication of cyberattacks. We have witnessed in recent times massive attacks on IT infrastructure of Kazakhstani state bodies, financial and educational institutions, which led, among other things, to disabling […]

The Bermuda Captive Insurance Market

By Chiara T. Nannini Bermuda is the world’s largest captive domicile with over 700 active captive licences on its register generating approximately US$54 billion in annual gross written premiums. Having formed the first modern captive in 1962, Bermuda still maintains its global lead. The jurisdiction has earned international credibility as a leading global insurance and […]

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It’s time charities paid: charities, regulators and fees

On 14 October 2010, Sky News misreported that the government intended, when ushering in the age of austerity, to abolish the Charity Commission. Rumours of the commission’s death (on the so-called ‘bonfire of the quangos’) proved exaggerated but there should be no underestimating the extent of the cuts. The commission’s funding is being reduced by […]

Employment challenges in the era of sequestration

Job losses. Furloughs. Salary reductions. These are some of the tough employment issues facing contractors around the nation as sequestration and federal budget cuts have taken effect in 2013. The squeeze on contract spending has taken a substantial toll on government contractors, who have seen contracts and orders delayed, descoped, deferred and terminated. When faced […]

Antitrust Division ends year with highest level of criminal fines ever in 122-year history of Sherman Antitrust Act

The Antitrust Division obtained more than $1.13bn in criminal fines in fiscal year 2012 (October 2011–September 2012), the highest in the 122-year history of the Sherman Antitrust Act. More impressive, this year’s fine total does not include the additional $218m the Antitrust Division secured for state and federal agencies in alternative penalties, disgorgement and restitution, […]

Review of European waste management targets

The European Commission has launched a much-anticipated consultation on the future of Europe’s legally binding waste and recycling targets. The comprehensive consultation, which opened on 4 June 2013, is the first phase of the commission’s review of recycling targets. The second phase will consider the impact of the preferred options that emerge from phase one. […]

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Asian Moves: 25 June 2013

All the latest partner hires and other appointments within firms and offices in the Asia Pacific region. China Beijing-based Han Kun Law Offices has hired Leanne Zheng as a partner in its litigation and arbitration practice team. Zheng joins from Jones Day’s Beijing office, where she practised for seven years as an associate. At the […]

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