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Baker McKenzie

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January International Trade Compliance Update

Canada, European Union, United Kingdom, USA - January 2 2017 On 30 November 2016, the UN Security Council unanimously approved Resolution 2321 (2016), imposing new sanctions on the Democratic People’s Republic

Quantifying A Claim for Insolvent Trading - Case Update

Australia - January 9 2017 In a wide-ranging decision, Justice Black sitting in the Supreme Court of NSW has clarified the principles relevant to quantifying the compensation

Australia: Why Failing to Ask Questions Can Be a Breach of a Director’s Duties

Australia - January 5 2017 Nine years after ASIC commenced proceedings against the former AWB Limited (AWB) Chairman, Trevor Flugge, and the former AWB Group General Manager of

How Donald Trump's election changes the Global Tax Landscape

European Union, Global, OECD, United Kingdom, USA - December 12 2016 The implications of US tax reform under a Trump Presidency go far beyond the US. 2016 has brought a number of shocks to the global

Supreme Court of Canada Tells Employers ‘You Gotta Have Faith’

Canada - January 11 2017 The untimely passing of George Michael and the corresponding ubiquitous airplay of his hit “Faith” may seem a curious segway to legal developments

Dutch Fiscale Eenheid X judgment

European Union, Netherlands - January 30 2017 On 25 November, the Dutch Supreme Court delivered its final judgment in the EU VAT case Fiscale Eenheid X. This judgment is of importance for the

SMC Issues Advisory Clarifying Prohibited Financial Arrangements in New Ethical Code and Ethical Guidelines

Singapore - January 26 2017 The Singapore Medical Council (the "SMC") has clarified in its latest advisory dated 13 December 2016, what types of payments of fees to managed care

Details of Movable Pledge Revealed

Turkey - January 20 2017 The Turkish collateralization system was recently updated through the introduction of the Law No. 6750 on Movable Pledges (the "Movable Pledge Law"

Turkey Encourages Foreign Investment by Conferring Citizenship

Turkey - January 18 2017 On January 12, 2017, the Council of Ministers amended the Regulation on the Implementation of Turkish Citizenship Law published in the Official

Proposed Disclosure of Beneficial Owners of Private Limited Companies, Limited Liability Partnerships and Foreign Branches

Singapore - January 18 2017 The Accounting And Corporate Regulatory Authority (ACRA) recently announced proposals for a second round of changes to the Companies Act (CA). One of