Recent media releases, reports, cases and legislation of interest to NSW government lawyers.
British Virgin Islands
With effect from 1 December 2022, all BVI entities that fall within the definition of a virtual asset service provider (a "VASP"), as set out in the recently amended BVI Anti-Money Laundering Regulations (the "AML Regulations") and ...
The Cayman Islands Monetary Authority (the "Authority") is circulating its new AML surveys in accordance with its duties under the Monetary Authority Act (As Revised) to conduct sectoral money laundering ("ML") ...
Herbert Smith Freehills
The Government has also laid the Retained EU Law (Revocation and Reform) Bill in Parliament today.
Ropes & Gray
Forced labor is a significant global issue.
Herbert Smith Freehills
On 1 September 2022, the European Commission ("Commission") published the Second Annual Report on the screening of foreign direct investments ("FDI") into the European Union...
Spice Route Legal
The Department-related Parliamentary Standing Committee on Industry presented its 309th report on Electric and Hybrid Mobility – Prospects and Challenges in Automobile Industry on 6 December 2021.
India's high logistics cost has been the proverbial leak that has reduced the competitiveness of the Indian exports and the economy in general.
A recent Delhi High Court judgement, issued on August 29, 2022 (the "August verdict"), set aside an arbitral award rendered in 2015 by the International Chamber of Commerce ("ICC")...
The Government Legislation Programme for the Autumn 2022 session has been published. The Cabinet has approved 38 bills for priority publication.
In February 2022, the Minster for Finance signed the European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) Regulations 2022 into law.
Streamsowers & Kohn
Most modern government is made up of three arms working together - namely the Executive, the Judiciary, and the Legislature.
McDermott Will & Emery
On September 15, 2022, US President Joe Biden signed an Executive Order (EO) aimed at increasing the federal government's review of foreign investment in US businesses deemed...
A new version of the Consultancy Playbook was published 5 September 2022 (version 1.1).
In this ThinkHouse Procurement Masterclass, Chris Brennan looks at the part of the public procurement regime which deals with changes to contracts during their lifetime: Regulation 72 of the...
Katten Muchin Rosenman LLP
Since its introduction, the UK government on 16 June produced an annual report which provided insights into the regime and operational takeaways.
On September 9, 2022, the Department of Defense ("DoD") published updated guidance to the DoD acquisition community on the "range of approaches" contracting officers can implement...
Seyfarth Shaw LLP
(September 22, 2022) - Teddie Arnold and Stephanie Magnell of Seyfarth Shaw LLP examine a U.S. Court of Federal Claims ruling that established the court has jurisdiction to hear government...
Hughes Hubbard & Reed LLP
A given transaction's effect on the resilience of critical U.S. supply chains that may have national security implications, including those outside of the defense industrial base.
While recent polls suggest that Democrats have been closing the electoral gap in terms of House races, historical trends, favorable maps, and polling data show that Republicans...