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On 7 November 2024, the Competition Commission of India (CCI) released proposed amendments to the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2011 (Recovery Regulations) for [...]

Key Takeaways CCI has notified a new filing trigger linked to deal value - a numerical threshold of over INR 2000 crore + substantial business operations in India test If [...]

When we think of disabilities, physical impairments often come to mind. Yet, psychological disabilities are equally significant and prevalent. Mental health challenges impact an astonishing number of Canadians: nearly 20% [...]

Introduction The digital transformation of India's economy has created unprecedented challenges for competition law enforcement. The Competition Commission of India (CCI), established under the Competition Act of 2002, finds itself [...]

Welcome to the October 2024 edition of our quarterly update for listed companies. If you would like to discuss any of these developments in further detail, please feel free to [...]

On October 24, 2024, the Irish Data Protection Commission (DPC) issued a press release announcing its EUR 310 million fine of LinkedIn over the platform's use of member personal data [...]

On September 18, 2024, Thailand's Securities and Exchange Commission (SEC) issued comprehensive guidelines to make it easier for foreign business operators to provide investment services in Thailand. These guidelines are [...]

This article delves into the challenges of the Competition Commission of India (CCI) in enforcing competition law. It addresses market dominance, anti-competitive practices, and procedural hurdles. The analysis highlights gaps [...]

Our investment funds team outline the latest developments within the investment funds market in the British Virgin Islands ('BVI'), including the funds statistics from the British Virgin Islands Financial Services [...]

The Ports & Maritime team has compiled the sector's news for the week of September 23-29 to keep you in the loop. ANTAQ Approves Public Consultation for Resolution on Administrative [...]

Summary The Nigerian Investment Promotion Commission ('NIPC' or the 'Commission'), through a circular dated September 2, 2024, announced revised fees to process applications within its purview. Background The NIPC was [...]

1. Introduction The Nigerian Communications Commission ('NCC') on 29 July, 2024 released the Guidance on the Simplification of Tariffs in the Nigerian Communication Sector ('Guidance') following the outcome of its [...]

Introduction The daily lives of people could hardly be imagined without digital platforms. This is so because it is the place where people can order a taxi and live for [...]

Two rulings this week by the Republican-appointed majority add to its steady pursuit of enfeebling the ability of the administrative state to impose rules on powerful business interests. Twice in [...]

Bermuda offers regulatory clarity, as the Bermuda Monetary Authority (BMA) understands risk, supports innovation and has seen the convergence of many industries over the years. This started with insurance and [...]

The mandate issued by the Association of Mutual Funds in India and the Securities and Exchanges Board of India, asking members to conduct monthly stress tests for mutual funds, reflects [...]

Anayasa Mahkemesi, 13.09.2023 tarihli ve 2022/70 E. ve 2023/152 K. sayılı kararıyla, 6502 sayılı Tüketicinin Korunması Hakkında Kanunun 77. maddesinin 12. fıkrasında düzenlenen hukuka aykırı reklam faaliyetlerinin internet ortamı üzerinde [...]

KEY DEVELOPMENTS EU Gas Market Reform The Recast Regulation and Directive on the internal markets for renewable gas, natural gas, and hydrogen came into effect on 4 August 2024. Our [...]

Introduction: On June 27th, 2024, the Nigerian Electricity Regulatory Commission ('NERC') issued an Order to transfer the regulatory oversight of the Electricity Market in Imo State to ISERC. This move [...]

Introduction Consumer Protection has long been a significant concern worldwide, with increased focus on ensuring that suppliers of goods and services embrace fair practices to safeguard consumer rights. To create [...]

The Tamil Nadu Electricity Regulatory Commission ('TNERC'), vide notification dated June 24, 2024, had issued the 'Draft TNERC (Verification of Captive Status of Generating Plants /Consumers) Regulations, 2024' ('Draft Verification [...]

OVERVIEW Recent industry reports track a discernible shift in the African private capital industry towards smaller deals and a dominance of venture capital deal, reflecting a cautious yet active investment [...]

1. Introduction The Competition Act, 2002 ('Act') is the central statute which, through various provisions, aims to curb practices that affect competition adversely. Specifically, it prohibits anti-competitive agreements (section 3), [...]

The National Pension Commission (PenCom or 'the Commission') has issued a Circular ('the Circular') on 'Emerging Matters on the Payment of Voluntary Contribution (VC) under the Contributory Pension Scheme (CPS). [...]

In the second part of this series, we consider the key changes that the Finance (Miscellaneous Provisions) Bill 2024 proposes to bring to the global business and financial services sectors. [...]

INTRODUCTION The Nigerian oil and gas sector has been experiencing significant regulatory changes aimed at enhancing transparency, accuracy, and efficiency in the measurement of crude oil and natural gas production. [...]

Introduction The Securities and Exchange Commission ('SEC'), on 21st June 2024, released a Framework on Accelerated Regulatory Incubation Programme ('ARIP') for the Onboarding of Virtual Assets Service Providers ('VASPs') and [...]

Nigeria's financial regulatory landscape has undergone significant changes with the introduction of new updates in June 2024. The Securities and Exchange Commission (SEC) and Central Bank of Nigeria (CBN) have [...]

The Amendment Law regarding the crypto assets, submitted to the Presidency of the Grand National Assembly of Turkey on 16 May 2024, was approved by the General Assembly on 26 [...]

A Healthcare M&A Solicitor's brief guide on the Care Quality Commission ('CQC') to running a care home in the UK. The desire to open or buy care homes is on [...]

Introduction On Monday, 29th April 2024, the Nigerian Electricity Regulatory Commission ('the Commission' or 'NERC') deregulated the pricing of meters deployed under the Meter Asset Provider (MAP) Scheme. This was [...]

The Nigerian Electricity Regulatory Commission (NERC)'s Customer Protection Regulations 2023 (the 'Regulations') governs various aspects of interactions between customer and Distribution Companies (DisCos) within the industry. Although the primary aim [...]

The March edition of our Antitrust and Competition newsletter highlights notable combinations and enforcement matters. It also sheds light on the various recent developments, such as implementation of Settlement and [...]

On May 27, 2024, the Financial Services Regulatory Authority of Ontario (FSRA) launched a public consultation on its new proposed rules that will affect all insurers that offer customers individual [...]

Insurers and reinsurers are faced with uncertainties relating to the timing and scale of future losses and the risk that the premiums charged and reserves held will be insufficient to [...]

BACKGROUND Since the enactment of the Electric Power Sector Reform Act (EPSRA) in 2005 and the establishment of the Nigerian Electricity Regulatory Commission ('NERC' or the 'Commission'), the Commission has [...]

On January 25, 2024, the Korea Fair Trade Commission (KFTC) proposed amendments (Amendments) to the Monopoly Regulation and Fair Trade Act (MRFTA) were approved by the National Assembly of Korea. [...]

1. INTRODUCTION Recently, the 11 Discos in Nigeria filed an application for rate review with Nigeria Electricity Regulatory Commission (NERC), premised on the need to incorporate changes in macroeconomic parameters [...]

On December 19, 2023, the Korea Fair Trade Commission (KFTC) announced its proposal to enact the 'Platform Competition Promotion Act' (PCPA) for ex-ante regulation of platforms by designating 'dominant platform [...]

The Regulation specifies that the communication of a data breach to the ANPD should be carried out by the controller within a period of three business days In these Data [...]

Introduction The legislative framework provides for exclusivity regarding laying, building, operating or expanding a city or a local natural gas distribution network. As of December 31, 2023, the Petroleum and [...]

The U.S. Securities and Exchange Commission (SEC) faces an uncertain timeline to implement its new climate disclosure rule, as nine legal challenges have now been transferred to the U.S. Court [...]

On March 21, 2024, the Federal Energy Regulatory Commission (FERC or the Commission) issued its Compensation for Reactive Power Within the Standard Power Factor Range Notice of Proposed Rulemaking,1 which [...]

The National Agency for Food and Drug Administration and Control (NAFDAC) is the key body in Nigeria regulating the registration of drugs, medical devices, food supplements, and cosmetic products. For [...]

In the media NSW Government announces review into funding model of councils The NSW Government has announced it will implement a review of the financial model for local government to [...]

Following a similar process as in Ontario and Saskatchewan (which you can read about here), earlier this month the New Brunswick Financial and Consumer Services Commission (Commission) proposed two rules [...]