Asuntos mercantiles y empresariales generales

Artículos Recientes

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  03/05/2024

  Sudáfrica

  Access to the beneficial ownership register

  IntroductionFollowing the coming into effect of the General Laws of the Anti-Money Laundering and Combatting Terrorism Financing Amendment Act, 22 of 2022 ("GLA 2022"), companies and close corporations have had to familiarise themselves with the requirements of the Companies and Intellectual Property Commission ("CIPC") requiring them to keep beneficial ownership information and, in certain circumstances, to file such information with the CIPC.The keeping of beneficial ownership information was initially meant to serve as a repository of natural persons who own or exercise control over legal entities...

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  02/05/2024

  Hungría

  Hungary expands scope of child protection measures

  Limitations and bans on the sale of specific products designed for childrenWith effect from 5 September 2021, the amendment to Government Decree No. 210/2009. (IX. 29.) on the Conditions for Performing Commercial Activities introduced special restrictions and prohibitions on the sale of certain products. By passing Government Decree No. 93/2024. (IV. 23.) on the Amendment of Government Decrees Related to Consumer Protection, the government has now broadened the scope of these limitations and bans with effect from 8 May 2024 as follows:It is prohibited to display in a shop window any product intended...

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  25/04/2024

  Hungría

  Hungary’s amended ESG Act to enter into force on 25 April 2024

  The following is a summary of the key changes made to Hungary’s ESG Act.Standardised ESG questionnaireCompanies may find it difficult to collect and analyse ESG data in light of the numerous questionnaires to assess sustainability risks, investments, access to finance and supply chains. In practice, these questionnaires vary in scope, depth and information standards, and are challenging to complete, and non-compliance can result in loss of resources and business relationships.As a result, the amendment introduces a single uniform questionnaire for Hungarian companies to report ESG-related...

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  24/04/2024

  Bulgaria

  Bulgaria considers introducing Contracts for Difference

  Currently, Bulgaria is among a small number of EU member states that lacks the concept of contracts for difference (CfD). So far, the country had a feed in tariff as a mechanism to subsidise renewable energy producers who meet legislative requirements. Given that feed in tariffs are an outdated tool, contracts for guarantees were introduced.  Having in mind, the current realities of the renewable energy market, including anticipated offshore renewable energy projects, Bulgarian lawmakers came to the conclusion that the country needs CfDs to:Secure the viability of a project;Monitor the...

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  23/04/2024

  Bulgaria

  Bulgaria passes Ordinance offering international trade with guarantees of origin

  Following the development of the EU legislation and reflecting market needs and increasing interest in trading with guarantees of origin, the Bulgaria’s Ministry of Energy adopted new Ordinance No. Е-РД-04-2 of 2 April 2024 on guarantees of origin of energy from renewable sources. The new Ordinance was promulgated in State Gazette No. 32 on 9 April 2024.This new Ordinance repeals Ordinance No. РД-16-1117 of 14.10.2011, which until now regulated the conditions and procedure for creating, maintaining, and using a system for issuing guarantees of origin.By definition,...

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  18/04/2024

  APAC region

  Top developments and predictions in the Technology, Media and Communications sector in Asia-Pacific

  We look back at the top developments over the last 12 months in the technology, media and communications (TMC) sector and we look to the future with our top predictions for the coming year for businesses operating across the Asia-Pacific region, specifically in mainland China, Hong Kong and Singapore.Over the last year, mainland China, Hong Kong and Singapore demonstrated their commitment to fostering a secure and innovative digital landscape by introducing a range of new regulations and measures. From cross-border personal information transfer and artificial intelligence service management to...

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