http://www.mondaq.com Mondaq Business Briefing provides global coverage of all legal analysis from reputable firms, en-us Copyright 2010 Mondaq.com 60 http://www.mondaq.com/article.asp?articleid=90942&rss=0 If the transient bout of economic recession is kept aside, yester years witnessed huge growth in the financial sector of the UAE. This inspired a big chunk of expatriate population to relocate to the UAE both for employment and investment. 11 Mar 2010 11:46:12 GMT http://www.mondaq.com/article.asp?articleid=92092&rss=0 On 14 December 2009, UAE’s stock market shot up in excess of 10% following the announcement of the due repayment of $ 4.1 billion to the Sukuk holders of Nakheel Development Limited following a $ 10 billion support payment from Abu Dhabi to the Government of Dubai. 11 Mar 2010 11:43:33 GMT http://www.mondaq.com/article.asp?articleid=94774&rss=0 California Labor Code section 233 states that employers providing employees with paid sick leave must allow employees to use, in any calendar year, the amount of sick leave that would be accrued during six months at the employees' then-current rate of entitlement, for care of an ill child, parent, spouse or domestic partner. 11 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=94776&rss=0 Social networking, via sites like Facebook and Twitter, is the current big thing. Indeed, the popularity of such sites has caused nouns like the word "friend" to become verbs in the new social networking vocabulary. But is all well and good in the social networking universe? 11 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=94794&rss=0 A recent study relating to data security breaches in the United States shows that total per-incident costs are substantial. The average total per-incident costs in 2009 were $6.75 million, comprised of an average cost of $204 per customer with a jeopardized record. 11 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=95538&rss=0 On February 9, the U.S. Food and Drug Administration (FDA) announced a broad new initiative to reduce unnecessary patient exposure to radiation from medical imaging procedures. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95546&rss=0 The first instance decision in this case was reported in Weekly Update 25/09. In the US, the US Securities Exchange Commission (SEC) obtained an order appointing a receiver over the worldwide assets of Stanford International Bank ("SIB") and other companies in the Stanford group. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95564&rss=0 The World Anti-Doping Agency (WADA) Code is the core document that provides the framework for harmonised anti-doping policies globally and has been adopted as the basis for the majority of sports regulators’ own anti-doping policies. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95580&rss=0 Yesterday, Foreign Affairs and International Trade Canada’s Export Controls Division (ECD) launched its "Consultation on the International Interpretations of the Wassenaar Arrangement Cryptography Note by Wassenaar Arrangement Participating States." 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95582&rss=0 Little did the National Bullying Helpline realise that the furore over a breach of confidentiality would result in the Charity Commission launching a formal inquiry into its activities and wider practices. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95586&rss=0 The European Commissioner for Justice, Fundamental Rights and Citizenship, Viviane Reding, has decided to take action to reduce the gender pay gap as part of a five-year strategy for gender equality. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95590&rss=0 The U.S. Treasury Department’s Financial Crimes Enforcement Network, the federal bank regulatory agencies, and the Securities and Exchange Commission, in consultation with the Commodity Futures Trading Commission, issued guidance (the "Guidance") that clarifies and consolidates existing regulatory expectations regarding the information financial institutions must obtain regarding beneficial owners for certain accounts and customer relationships. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95592&rss=0 Amendments made last week to the Digital Economy Bill have the potential seriously to impact upon the ability of sites such as YouTube to show freely content posted by users. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95594&rss=0 The U.S. regulatory agency charged with policing competition in the international liner shipping sector is undertaking a major study of the effects of abolishing liner conference competition exemptions by the European Union. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95596&rss=0 From a pension perspective, the March 4, 2010 Federal Budget ("Budget 2010") is a modest affair, notable more for what it does not do than for what it does. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95600&rss=0 As noted in Reed Smith's earlier client alert, the potential for patent mismarking claims being filed against a wide variety of entities is great. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95604&rss=0 The Joseph Rowntree Foundation has urged the Government to improve workers’ rights in order to help tackle poverty in the UK. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95608&rss=0 U.S. legislation seeking substantially to broaden the Iran Sanctions Act of 1996 could have huge repercussions for the trade of refined petroleum products to Iran for both U.S. and non-U.S. owners, charterers, and insurers. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95624&rss=0 With less than a year to go until the changeover to International Financial Reporting Standards ("IFRS") as the basis for the preparation of financial statements by Canadian public issuers, it is important for issuers to review their current progress towards IFRS conversion and their disclosure about the IFRS transition process, particularly as they are finalizing their 2009 annual MD&A. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95640&rss=0 The Mental Health Parity and Addiction Equity Act (MHPAEA), passed by Congress in 2008, significantly altered the rules for group health plans (GHPs) providing mental health or substance abuse disorder benefits (the Covered Benefits). 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95648&rss=0 The Indiana General Assembly yesterday passed the Emergency Powers and Parking Lots Bill, otherwise known as the "Bring Your Gun to Work" Bill. The bill now goes to Governor Mitch Daniels for signing. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95654&rss=0 Amendments to the Michigan Clean Indoor Air Act (Act) go into effect on May 1, 2010. Although most know that the changes prohibit smoking in bars, restaurants, and public places, the Act also limits smoking in all public and private workplaces. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95662&rss=0 In a recent battle with its regulator, Advanta Bank (Bank), a bank subsidiary of Advanta Corp. (Advanta) that is regulated by the Federal Deposit Insurance Corporation (FDIC), won a victory over the agency, when a U.S. District Court ruled that the FDIC did not have the authority to issue a temporary cease and desist order (C&D) against the Bank. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95678&rss=0 The 2010 Canadian federal budget was delivered on March 4, 2010. The budget contains a number of interesting developments and implications for the Canadian structured finance market. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95710&rss=0 The March 4, 2010 federal budget, Leading the Way on Jobs and Growth, contains a number of initiatives related to the financial sector. There are a few new (and not so new) structural proposals, such as facilitating the development of federal co-operative banking, instituting a review of the Canadian payments system and establishing a national securities regulator, but most of the initiatives relate to consumer protection. 11 Mar 2010 00:00:00 GMT