This article provides an overview of the Australian government’s ongoing reforms of laws aimed at protecting the country’s ‘critical infrastructure assets’ and ‘systems of national significance.’ The overview includes an outline of the three key provisions of the Exposure Draft of the Security Legislation Amendment (Critical Infrastructure) Bill 2020, released on 9 November 2020.
Because of the increased presence of the internet in everyone’s daily lives, a need has emerged for government authorities to respond to the unique challenges of a digital world. Accordingly, this article provides an overview of the Australia’s eSafety Commissioner, the world’s first regulator dedicated to online safety.
This piece highlights the increasing pressure within Australia on companies to address the issue of climate change. In particular, it highlighted the amount of landmark climate change cases that have been issued in recent months to compel the government or specific directors and officers to compel action on climate change. Indeed, Australia is the second most active jurisdiction for climate change litigation, with the United States being first.
New laws in the People’s Republic of China – which went into effect on 1 January 2021 – have completely revamped the rules pertaining to the succession of the deceased’s assets into a more organized system. The new policies, which have replaced laws in place since 1985, provide more guidelines and structure regarding appointing estate administrators and their scope of power.
This article explores the complex nature of the Brexit withdrawal process and the importance for all intellectual property (IP) owners to monitor any and all updates and to take immediate action to ensure the protection of their IP rights.
This article summarizes the new Hong Kong National Security Law, so corporations may understand it better and comply with the provisions of the legislation. It also compares the provisions of this law with equivalent legislation in the United States (US), the United Kingdom (UK), Australia, and Singapore, and also provides additional recommendations and considerations for corporate compliance.
This article provides an overview on final regulations issued by the Committee of Foreign Investment in the United States (CIFUS) on 13 January 2020. The regulations were promulgated in order to comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018.
China is operating increasingly on a cashless basis, with the Chinese government posed to launch a digital currency called Digital Currency Electronic Payment (DCEP or “digital yuan”). This article provides a holistic overview and answers several key questions pertaining to the DCEP.
Coming out of the tragic explosion that occurred in Beirut on August 4, 2020, companies are looking at the extent of property damage to the central Beirut area. This article addresses some of the insurance and other liability considerations that all should be aware of so that they be in a position to recover for their losses.
This article provides a summary of the update on the United States (US) sanctions against Community Chinese Military companies and the implications for the securities market of Hong Kong. On 12 November 2020, the US President issued Executive Order 13959 (EO13959), which has caused significant market uncertainty; EO13959 prohibits certain transaction insecurities linked to what it has described as Communist Chinese Military Companies.