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Latest Briefings

Draft law: Russia’s counter-sanctions against the US and other states

On 17 May 2018, the State Duma adopted in the second reading the draft Federal Law ‘On the Measures (Countermeasures) in Response to Unfriendly Actions of the USA and(or) other Foreign States’ (hereinafter – the ‘Draft Law’). Compared to the initial version introduced by a group of deputies in April this year, the Draft Law […]

Poland: Basic legal aspects of branch and representative office activity

By Łukasz Szostak Under the Polish law, a foreign entrepreneur may, based on the reciprocity principle, set up its branch in the Republic of Poland. The scope of the branch’s activity may include only the activity that is performed by the entrepreneur in the country of its incorporation…

Mongolia: Legal summary on electronic money regulation

The new law on the National Payment System, dated 31 May 2017, shall become effective from 1 January 2018. The importance of the new law is an integrated payment system launch between the Central Bank, commercial banks, legal entities, other financial institutions and individual customers. As result of the law enactment, the Central Bank will […]

Turkish law: Determination of the lease price of roofed workplace

In general, the relationship between a landlord and a tenant is governed by a contract. That contract is referred to as the lease. A lease is an agreement between the landlord and the tenant in which the landlord agrees to allow the tenant to occupy a building or a piece of property owned by the […]

Kyrgyzstan insurance market overview

Kyrgyz law identifies insurance activity as an activity of organisations that have a licence to provide services to individuals and legal entities for premium services, the subject of which are contractual specific obligations of the insurer in the event of an unknown event, with the distribution of risk among a large number of persons exposed […]

Recommended

Client Earth brings in Dinah Rose QC for air pollution appeal

Blackstone Chambers’ Dinah Rose QC has been instructed to lead the Supreme Court appeal today (7 March) brought by environmental law organisation Client Earth against the Government over air pollution. Rose is leading Blackstone’s Ben Jaffey, who led Client Earth’s case at the Court of Appeal and was also involved at first instance, alongside fellow […]

Interview with Miodrag Vujovic, director of the Competition Agency in Montenegro

On 8 October 2012, Montenegro adopted a new competition law. Karanovic & Nikolic has interviewed the director of the Competition Agency, Miodrag Vujovic, about the law. “The Competition Agency was only established in February 2013, in line with the provisions of the new Competition Law. As for the Competition Administration (KN note: the competition authority which is […]

Tax: recent news highlights — August 2012

The Ministry of Finance of Montenegro released the Rulebook on the Manner and Procedure for the Refund of Overpaid Social Security Contributions and the Rulebook on the Form, Content and Procedure for Issuing a Certificate of Residency for Tax Purposes. Both rulebooks were published in the Official Gazette of Montenegro no. 42/2012 from 31 July 2012 and came into force on […]

Mining in Africa: a legal overview

The future is bright for mining in Africa. More than 30% of the world’s global mineral reserves are found in Africa, yet less than 5% of the total global mineral exploration and extraction budget is invested in the continent. The potential for a burgeoning mining industry across these two emerging regions is immense. In Africa, […]

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