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Coronavirus (Covid-19), French Continuing Plans and Economy

Coronavirus (Covid-19), French Continuing Plans and Economy

Published: 20 Mar 2020

On 13 March 2020, French Ministry of Justice issued a press release just after the announcements of the President of the French Republic. The aim, due to the emergency, is to protect citizens who are the most vulnerable and to curb the epidemic. Chancery has now prepared continuing plans to allow Justice to face core obligations of the Nation. According to a CNB (Conseil National des Barreaux) ...

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How does one get a payment license in Ireland?

How does one get a payment license in Ireland?

Published: 20 Mar 2020

Electronic money issue is a fairly competitive type of activity in the financial sector. Until recently, Great Britain has been considered the most popular jurisdiction for obtaining a payment license but with Brexit the situation is bound to change. So which jurisdictions are worth looking at? This article offers an overview of the licensing process in Ireland, the regulator’s requirements and ...

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Recent Changes in Skilled Migration That You Need to Know

Recent Changes in Skilled Migration That You Need to Know

Published: 19 Mar 2020

There were a total of over 32,000 skilled migration visas granted in the period of 2017/18 including subclass 189 skilled independent, 190 skilled nominated and 489 skilled regional (provisional) visas, out of which about 300 were from Hong Kong applicants. The majority of Hong Kong applicants were in the age group of 25 to 29.  With an upper limit of 190,000 permanent visas reduced to 160,...

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An Appraisal of Challenges of Enforcing Foreign Judgments in Nigeria

An Appraisal of Challenges of Enforcing Foreign Judgments in Nigeria

Published: 18 Mar 2020

Enforcement of foreign judgments has significant relevance in this era of increased international trade and foreign investment. Businesses are more comfortable doing business with foreign partners knowing that if they obtain judgment from a superior court in their home country; it can be enforced against the judgment debtor across borders. Fortunately, Nigerian courts recognize judgments from supe...

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SELECT USAGES OF NIGERIAN TREASURY BILLS IN COMMERCIAL TRANSACTIONS

SELECT USAGES OF NIGERIAN TREASURY BILLS IN COMMERCIAL TRANSACTIONS

Published: 16 Mar 2020

What are Nigerian Treasury Bills (NTBs)? Article authored by Olayinka Alao, Managing Partner of Renaissance Practice. Nigerian Treasury Bills (NTBs) are short-term debt instruments issued by the Federal Government of Nigeria (FGN) through the Central Bank of Nigeria (CBN) to raise funds from the general public not only for the purpose of financing government expenditures, but also as a tool fo...

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Illegal price rigging – Bundeskartellamt imposes fines totaling 154.6 million euros

Illegal price rigging – Bundeskartellamt imposes fines totaling 154.6 million euros

Published: 13 Mar 2020

Germany’s Federal Cartel Office, the Bundeskartellamt, has imposed fines totaling around 154.6 million euros on seven pesticide wholesalers for entering into illegal, anticompetitive price-fixing arrangements. According to information provided by the Bundeskartellamt, the pesticide wholesalers coordinated their price lists from 1998 to 2015. We at the commercial law firm MTR Rechtsanwälte c...

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Arriving At Beijing And Shanghai Airports? What Now?

Arriving At Beijing And Shanghai Airports? What Now?

Published: 13 Mar 2020

With the current rise of COVID-19 cases outside China and, consequently, increasing the number of cases in Beijing, stricter prevention measures are taken. Measures are constantly being updated according to COVID-19 developments [The latest on Covid-19 and Express of Epidemic Policies]. Stay tuned to local measures if you, your family, colleagues and friends are coming back to Beijing, or other ar...

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Banks and businesses. Why are accounts blocked by banks? What should you do if your bank account is blocked?

Banks and businesses. Why are accounts blocked by banks? What should you do if your bank account is blocked?

Published: 12 Mar 2020

Bank account blocking is one of the most relevant topics in the business domain. Any bank may block accounts for a number of reasons, and getting back to receiving standard services involves a lengthy procedure which could also include court appeals. This article offers a detailed overview of the main reasons for account blocking and of the steps one should take in the event of blockage and also...

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