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An Introduction to Doing Business in Russia 2021, designed to introduce the fundamentals of doing business in Russia, was created at the beginning of 2021 using the most up-to-date information at the time. It was compiled by Dezan Shira & Associates, a specialist foreign direct investment practice that provides corporate establishment, business advisory, tax advisory and compliance, accounting...

Episode 3: Risk Assessment – Set and Stay the Course Careful risk analysis and assessment are the central elements of an effective Compliance Management System (CMS). A look at the current international compliance standards makes this clear: UK Bribery Act: The company assesses the nature and extent of exposure to internal and external (corruption) risks. Risk analyses and assessments ensure that...

The rapid expansion of cloud computing services presents new problems concerning compliance with certain legal requirements, especially in the banking sector. Generally applicable polish law, which is presumed to be neutral from the technological point of view, does not directly regulate cloud computing as such. Despite this, regulatory restrictions on the outsourcing chain could be an obstacle to...

Markets GBP Sterling is well-bid against most majors overnight. Labour leader Keir Starmer has written a 12,000-word essay in which he dubbed the term the “contribution society”, emphasizing the values of hard work, and partnerships between the state and private sector. He eschewed references to socialism and promised to support business and maintain fiscal discipline in a 35-page essay setting o...

At the end of 2019, Polish civil procedure underwent quite a few changes with which the legislator intended to improve certain aspects of proceedings before common courts. The legislation passed was supposed to reduce both the costs of the proceedings and average duration of cases. However, due to the worldwide pandemic, leading to numerous restrictions, the new provisions remained largely unteste...

This is the objective aspired to according to the premises of an amendment currently being drafted to the Industrial Property Law – procedures are to be handled more quickly and be more applicant-friendly. This is a very interesting prospect, especially as the bill itself is also intended to be passed quickly, as soon as QI 2022, but what else is behind the envisaged changes, and are all of the ch...

Foreign investors in Laos face new requirements for accessing investment promotion incentives. The Laotian government published the new guidelines, theInstructions on the Promotion of Investment Incentives Concerning the State Land Rental and Concession Fees, in late May 2021. The guidelines clarify what type of investments qualify for incentives and set out procedures on how investors can secure ...

Markets GBP Sterling is stronger than most majors in the early morning trade. Britain’s central bank looks set to keep interest rates steady later on Thursday as it approaches the end-point of its 895 billion pound ($1.22 trillion) asset purchase programme and casts a wary eye over surging inflation pressures. Investors will be keen to see if more Monetary Policy Committee (MPC) members join exte...