Ukraine reduces port duties to bolster shipping capacity

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Related briefings

Ukraine: Energy Digest, November 2018

By Olena Kuchynska, Viktoriia Pysmenna OIL & GAS: Liberalisation of geological data gets closer On 7 November 2018, the Ukrainian government adopted Resolution No. 939 – “Questions on the Transfer of Geological Information” (“Resolution No. 939”), which establishes a new procedure for the transfer of geological data and abolishes some out-dated secondary legislation. The new “Regulations on the Transfer of Geological […]

Introduction of Martial law in Ukraine: Effects on businesses

By Andriy Nikiforov On 26 November 2018, the Ukrainian parliament adopted the Law that approves the Decree of the President of Ukraine on the imposition of martial law (not to be confused with a ‘state of war’) in Ukraine. The new Law, effective 28 November 2018, imposes martial law until 2 p.m. on 26 December […]

Bulgarian Competition Authority fines A1 for abusing its bargaining power

By Dessislava Fessenko The Bulgarian competition authority fined A1, the Bulgarian subsidiary of Telekom Austria, a total of BGN 804,340 (approximately EUR 411,252) for abusing its bargaining power by imposing high sales targets on a local distribution partner and by unilaterally terminating the distribution partnership with it. The case was tried and the fine imposed under […]

Bulgaria: Mandatory disclosure of ultimate beneficial owners of entities by June, 2019

By Dessislava Fessenko, Nina Tsifudina Significant regulatory developments marked the year 2018 in Bulgaria. A new Act on the Measures against Money Laundering (the “AML Act” or the “Act”) was also adopted with view to transposing Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or […]

Kazakhstan: Amendments to the Securities Market Law and NBK Regulation affecting AIFC

By Joel Benjamin, Adlet Yerkinbayev, Kuanysh Shekerbekov The briefing discusses below the changes to (i) the Securities Market Law, effective 21 October 2018, and (ii) the NBK Regulation, effective 8 October 2018, affecting certain matters related to the Astana International Financial Center (AIFC). The note is intended to be a helpful guide – it is therefore not comprehensive […]

Latest Briefings

Deadline for notification of AML officer appointments is 31 December

By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

Romania: Cybersecurity – Call for action for major companies in critical sectors

By Daniele Iàcona, Costin Sandu The first piece of EU-wide legislation on cybersecurity is expected to be transposed into Romanian law anytime now, bringing into play enhanced system security obligations for major companies in certain sectors, as well as fines of up to 5 % of non-compliant companies’ turnover. Romania is on its way to finalising the second […]

Hungary: HCA publishes digital consumer protection strategy

By András Nagy The Hungarian Competition Authority (HCA) recently published a strategy paper presenting its views on consumer protection in the digital age. The paper subtly indicates that the HCA will continue to follow the European Commission’s guidance in this regard. The paper highlights the measures which the HCA deems necessary to protect consumers and keep […]

Take nothing for granted – legal privilege and internal investigations

By Nick Williams, Rebecca McNulty The subject of legal professional privilege has been back in the spotlight recently, with the English Court of Appeal decision in SFO v. ENRC substantially reversing the original High Court decision. This stops – at least for now – the erosion of a fundamental legal principle: that a person can seek legal […]

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Taylor Wessing gender pay gap: Men get 33% more than women

Taylor Wessing has reported that men receive 33 per cent more hourly pay than their female counterparts on a median basis. The mean hourly pay gap figure for the firm is a lot lower at 13.5 per cent. 50 per cent of female employees at the firm received a bonus during the last financial year, […]

Phil Bradley QC and Sharon Bahia prosecute fatal nightclub stabbing

Phil Bradley QC and Sharon Bahia of No5 Barrister’s Chambers are prosecuting the murder trial of an amateur footballer stabbed through the heart. Ryan Passey, 24, was fatally wounded at Chicago’s nightclub, Rye Market, Stourbridge on August 6 last year. Kobe Murray, 19, of The Broadway, Dudley, denies murder. Mr Passey, an amateur footballer from Brierley Hill, […]

Second Deepcut inquest into the death of Sean Benton commences

Bridget Dolan QC and Jamie Mathieson are acting as ‘Counsel to the Inquest’ at the fresh inquest into the death of Private Sean Benton at Deepcut barracks in Surrey in 1995. The ‘Nominated Judge’ Coroner, HH Peter Rook QC, will hear evidence from over 150 witnesses in sittings that will run from January to Easter 2018. John Beggs […]

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